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Revenue returns to pre-crisis level in the first quarter on a comparable basis.
January 29, 2021
By: DAVID SAVASTANO
Editor, Ink World Magazine
Preliminary figures for Osram’s performance in the fiscal year 2020 shows that the company is navigating the COVID-19 pandemic fairly well. According to these preliminary figures, Osram had revenues of €840 million, which is comparable to the previous year’s level. However, adjusted EBITDA rose nicely at 42% to €162 million, which corresponds to an adjusted EBITDA margin of 19.3%. Free cash flow at €50 million was also a positive trend. “The consistent measures that we took at the fi...
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