Flexible Electronics News

Osram Reports Outstanding Quarter in 2Q 2016

Comparable revenue rises 3% in second quarter, with adjusted EBITA margin reaching more than 12%.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Osram continued its very good performance in the second quarter of fiscal 2016. On a comparable basis, i.e. adjusted for portfolio and currency effects, revenue in the three months ending March 31 rose 3% compared with the prior-year period and reached almost €1.43 billion. EBITA excluding special items increased 15% to €174 million, translating into a margin of 12.2%. The earnings development was, among other things, supported by a favorable product mix in the LED components business (Opto S...

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