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Revenue is down approximately 15% on a comparable basis from 2018.
January 25, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
In the first quarter of fiscal year 2019, revenue from continuing operations of OSRAM Licht AG amounted to €828 million according to preliminary figures (prior-year quarter: €939 million), down approximately 15% on a comparable basis (prior-year quarter: +5.7%). The adjusted EBITDA margin is expected to be 11.3% (prior-year quarter: 18.5%). These figures no longer include the business activities of Sylvania Lighting Solutions in the US, which has already been sold, nor the European luminaire b...
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