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Increase is due to ongoing positive business development in the second quarter.
April 19, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
Due to an ongoing positive business development in the second quarter, the managing board of OSRAM Licht AG raised the revenue and profit outlook for fiscal year 2016. Based on preliminary figures, comparable revenue for the second quarter grew 3.0% to €1.426 billion compared to the prior year’s quarter and adjusted EBITA margin saw another year-on-year improvement to 12.2%. The managing board expects comparable revenue to be above the prior year level and an adjusted EBITA margin of abo...
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