Flexible Electronics News

Osram Records Good Second Quarter

LED-based business (SSL) shows continuing substantial growth

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Osram recorded a significant year-on-year earnings increase in the second quarter of its fiscal year 2014. While revenue on a comparable basis – meaning excluding portfolio and currency effects – rose 1% to almost €1.3 billion despite a continued decline of the traditional business, EBITA excluding special items increased by 17% to €116 million. This translates into an adjusted margin of 9.1%. The development was mainly supported by the opto semiconductor and specialty lighting businesses. In...

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