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Adjusted EBITDA margin of semiconductor business increases to more than 20%.
February 7, 2020
By: DAVID SAVASTANO
Editor, Ink World Magazine
After a challenging fiscal year 2019, Osram has made a robust start to fiscal 2020. On a comparable basis, revenue in the first quarter (ending December) grew slightly by 0.5% to €873 million. The adjusted EBITDA margin increased on a comparable basis by nearly 2 percentage points to 13%. The semiconductor business, in particular, showed a significant recovery in margins. Ad-justed EBITDA climbed by more than 22% to €114 million within a year. “The performance programs initiated at an early st...
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