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Anticipates a good second quarter due to favorable currency rates
April 16, 2015
By: DAVID SAVASTANO
Editor, Ink World Magazine
OSRAM Licht AG recorded a continued positive operative earnings development in the second quarter of fiscal 2015. The adjusted EBITA of €151 million for the second quarter of fiscal 2015 was positively impacted by favorable currency relations. This results in an adjusted EBITA margin of 10.8%. The Management Board therefore expects an adjusted EBITA margin of above 9.0% for fiscal 2015. In nominal terms, preliminary revenue in the second quarter of fiscal 2015 increased by 9.5% compared to t...
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