Flexible Electronics News

Osram Records Good Start into Fiscal 2015

First-quarter revenue rises 5% on nominal basis; slight comparable increase

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Osram recorded a strong operating performance in the first quarter of the current fiscal year that started in October 2014. With growth of 0.5%, revenue was slightly above the year-earlier period on a comparable basis, i.e. excluding portfolio and currency effects. In nominal terms, the company even recorded a revenue increase of 5% to almost €1.4 billion, resulting from the weakness of the euro against key currencies and the acquisition of Clay Paky.   EBITA excluding special items rose 23% t...

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