Flexible Electronics News

Osram Continues to Show Good Profit Performance

Revenue up 12% to 1.4 billion euros, while adjusted EBITA margin increases to 9.5% in the third quarter.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Osram continued to show a good profit performance in the third quarter of fiscal 2015. EBITA excluding special items rose 24% from a year earlier to €129 million, translating into a margin of 9.5%. The development was particularly driven by cost savings as well as positive currency effects. The reported EBITA margin reached 7.4%.   Revenue increased 12% to almost €1.4 billion due to the weakness of the euro against key currencies and the acquisition of Clay Paky. On a comparable basis, i.e. ad...

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