Flexible Electronics News

Osram with Strong Start into Fiscal 2016

Revenue up 6%; stable on a comparable basis as adjusted EBITA margin rises to almost 12%.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Osram had a successful start into the current fiscal year that started in October 2015. Revenue in the first quarter rose 6% from a year earlier to almost €1.48 billion. On a comparable basis, i.e., adjusted for portfolio and currency effects, revenue remained stable. EBITA1 excluding special items rose 16% to €175 million, translating into a margin of 11.8%.   “We are very satisfied with the first quarter and optimistic about how the rest of the fiscal year will progress. The results affirm t...

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