Flexible Electronics News

Osram Delivers Strong Growth in 2Q 2017

Revenue up by about 10% in the second quarter on a comparable basis, with adjusted EBITDA margin at 17.4%.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

OSRMA Licht AG reprted its second quarter 2017 results. In the second quarter of fiscal 2017, Osram saw a significant lift in its growth rate. On a comparable basis, i.e. adjusted for portfolio and currency effects, revenue generated in the period January to March rose by around 10% year on year to reach €1.05 billion. Comparable growth in the prior-year quarter was approximately 6%.   This growth was driven by sustained levels of high demand for opto semiconductors and continued strong demand...

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