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Comparable growth is now expected in the 7% to 9% range.
May 4, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
Due to strong financial results and based on the expectation of ongoing positive prospects for the second half of financial year 2017, the management board of OSRAM Licht AG (OSRAM) decided to raise the forecast for financial year 2017 as follows: Comparable growth (continued operations) is now expected in the 7%-9% range (previously: 5%-7%) and adjusted EBITDA-margin (continued operations) is now expected in the 16.5%-17.5% range (previously: at least 16%). In addition, OSRAM expects earnings p...
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