Flexible Electronics News

Osram Discloses Figures for 2Q 2019

Revenue fell by 13.5% to €862 million from January to the end of March, with an adjusted EBITDA margin of 8.1%.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Osram’s performance in the second fiscal quarter was as expected. Revenue on a comparable basis fell by 13.5% to €862 million from January to the end of March. The adjusted EBITDA margin was 8.1%.   When preliminary key figures were published at the end of March, the lighting company had forecast a decline in sales of around 15% for the second quarter and an adjusted EBITDA margin in the mid to higher single-digit range. As announced at that time, the decline was due in part to the continuing we...

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