Osram has achieved a good second quarter given the global challenges and thus met market expectations. Although revenue fell by almost 8% on a comparable basis to €821 million, a positive free cash flow of €64 million was achieved particularly through targeted cash management. The adjusted EBITDA margin improved by almost 4 percentage points year-on-year to 11.7%. Thanks to the structural measures and the conversion to IFRS 16, adjusted EBITDA was about a third higher than in the previous year...