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Savings targets increased to €300 million by 2022.
February 19, 2020
By: DAVID SAVASTANO
Editor, Ink World Magazine
The performance programs designed by the Osram Board have demonstrated a lasting effect. Due to the increased efficiency and the initiated measures, the company is increasing its savings target from its original target of €220 million to €300 million by 2022. The cumulative impact of several individually-led programs across Osram business units has resulted in beating expectations with regards to savings. The company continues its path to becoming a high-tech photonics champion. “Last yea...
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