Flexible Electronics News

Osram Starts New Fiscal Year with Accelerated Growth

First-quarter revenue of €991 million rises almost 8% on a comparable basis, with Adjusted EBITDA margin at 18.0%.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Osram had a good start into fiscal 2017 as expected and accelerated growth in the first quarter. On a comparable basis, i.e. adjusted for portfolio and currency effects, revenue in the three months ending Dec. 31 rose almost 8% year on year and reached €991 million.   In the year-earlier period, comparable growth was around 4%. This trend was driven by an ongoing healthy opto semiconductor business and continued robust demand from the automotive industry.   On a nominal basis, revenue increa...

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