Flexible Electronics News

Osram Records Solid Start into Fiscal Year

LED-based business (SSL) has revenue share of one-third for first time

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By: DAVID SAVASTANO

Editor, Ink World Magazine

In a still challenging environment, Osram recorded a solid start into the fiscal year 2014 which started last October. While revenue in the first quarter fell slightly year over year due to currency movements, it rose 2% on a comparable basis – meaning excluding portfolio and currency effects – to more than €1.3 billion. The revenue share of LED-based products and solutions (Solid State Lighting, or SSL) increased by about 7 percentage points to now 33%. EBITA rose12% to €112 million, transl...

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