Login | Register | Management | Member Center | Contact Us

27 november 2016, 15:57

  • Rating:
  • (0 / 5)
Login | Register | Management | Member Center | Contact Us CN TW EN Osram continued to show a good profit performance in the third quarter of fiscal 2015. EBITA1 excluding special items rose 24% from a year earlier to EUR 129 million US$ 142.51 million translating into a margin of 9.5%. The development was particularly driven by cost savings as well as positive currency effects. The reported EBITA margin reached 7.4%. Revenue increased 12% to almost EUR1.4 billion due to the weakness of the euro against key currencies and the acquisition of Clay Paky. On a comparable basis i.e. adjusted for portfolio and currency effects, revenue remained almost stable with a decline of around one per cent. The revenue share of LED-based products and solutions was 44% in the third quarter. Net income rose to EUR 64 million. Osram confirms the outlook for fiscal 2015 as updated in April. After the supervisory board of OSRAM Licht AG recently unanimously approved the carve-out of the general lighting lamps business, the managing board confirms the goal to complete the carve-out by the spring of 2016. Overall we can look back on a good quarter said Olaf Berlien Chief Executive Officer of OSRAM Licht AG. Our current priority is the realignment of the company which we are pursuing at full speed. The carve-out lamps of our business is in this respect just the beginning of the path towards a new Osram which will focus on connected and smart lighting. Osram reporting segments in the third quarter In the third quarter comparable revenue in the Opto Semiconductors OS reporting segment rose 4% from a year earlier supported by all reporting regions. Main drivers of this development were the automotive and industrial businesses. At 18.5%, the EBITA margin continued to be on a high level. SP Specialty Lighting with its Automotive Lighting and DisplayOptics units also recorded a comparable revenue increase of 4% in the third quarter despite weakening automotive markets, particularly in Asia. Growth was driven by rising demand for LED-based products. Excluding special items, the adjusted EBITA margin reached 14.1% and benefited from positive currency effects. The LED Lamps LLS Systems reporting segment covers business with Osrams LED lamps, light engines as well as LED drivers. The segment recorded comparable revenue growth of 36% from a year earlier in the third quarter. The adjusted EBITA margin improved by almost 14 percent points to minus 6.6%. As expected revenue in the Classic Lamps Ballasts CLB reporting segment declined 13% on a comparable basis in the third quarter. In contrast, the adjusted EBITA margin improved to 8.3% thanks to cost savings. The Luminaires LS amp Solutions reporting segment comprises luminaires for professional customers as well as the service and solutions business. In the third quarter, the segments revenue fell 14% on a comparable basis. The adjusted EBITA margin was minus 11.5%. Outlook for fiscal 2015 Osram confirms the outlook for fiscal 2015 as updated in April. The managing board thus expects revenue to be on the level of fiscal 2014 on a comparable basis. The adjusted EBITA margin is expected to be above 9.0%. In addition, the managing board anticipates both net income and return on capital employed ROCE to decrease sharply in the current fiscal year due to an increase in transformation costs. Free cash flow is expected with a positive triple-digit million euro figure in fiscal 2015 but to stay below the prior-year level. Based on the outlook for fiscal 2015 and Osrams midterm prospects, the managing board intends dividend continuity with €0.90 per share also for fiscal 2015. Highlights in the third quarter Osram again gave an impressive demonstration of its ability to create innovation in the third quarter. At this years Lightfair trade show in New York City the companys LED lighting solution OmniPoint was recognized with an Innovation Award for the most innovative product of the year. OmniPoint is a complete lighting solution in the form of a single LED downlight installed in the center of the room. The customer uses a tablet computer to define the required light output and illumination direction for any given situation. Such innovations not only make a company stand out from the crowd they are also highly appreciated by customers. Another good example in this respect is laser light. After the first cars from Audi and BMW were equipped with Osram laser modules last year the volume production of such modules has now been running at Osrams Herbrechtingen plant since May. Customers continue to be interested in this technology as laser light illuminates the road significantly further than previously used light sources and therefore increases safety on the road. Another future technology in the automotive segment is organic light-emitting diodes OLED which is

  Save as PDF

  Save as image


Comments and reviews (0)

Add comment

Please rate it between 1 and 5

Read also:

Osram LED Saver Light

Goods EX.UA. Search for the best prices in hundreds of online stores

Daytime running lights led (set) rectangular Osram BY LEDDRL401BK IP67K 4LED 6000K, Moscow

Help in choosing

Vitbe.ru OSRAM LED DRL 102

The main light for car - China halogen lamp H4

Bulb HPS

Osram / Osram / / / similar Osram / Osram / / / similar Osram / OSRAM Leds Deco 76123 / OSRAM

Led bulb for crystal chandeliers. The study

OSRAM LED-Lampe E27 BASE Classic A / 9,5 W - 60 Watt-Ersatz, LED Birne als Kolbenlampen / matt warmweiß - 2700K / 3er-Pack [Energieklasse A+]

OSRAM LED Star MR1620

By aqualighter LED

The Avtolampy Osram

LED OSRAM AMBIENT by

Fluorescent fitolamp OSRAM Fluor - opinion

Led fotovitriny

Osram Opto LB E63C-T2V2-35 Power TOPLED Lens Series Blue LED, 469 nm PLCC 4, Round Lens SMD package

OSRAM LED Star MR11 GU4 3.7 V W (910416)

Registration on the website

19x12W Quad OSRAM LED Wash Zoom Moving Head| sales@ledidea.cn LED

Home osram led star

Osram introduced the LED lamp 10 euros cheaper Environment Energy saving Alternative energy Green building About us Business Forum The saving from EnergySafe.ru

Led lighting and electrical products wholesale

Spuldze OSRAM LED W5W / W5W OSRAM LED lamp

OSRAM DE1-A2 LED, SPOT, 0.8 W, RED

Lamp led Osram LED CLAS A 60 8W/827 E27 806lm 220V (4052899299061) to buy in Moscow

The LEDs on the dimmer do better

Osram Kreios G1 white Gobo Projector

Halogen lamp OSRAM

Led.osram.com Led.osram.com

osram-os.com verified

Join our group Vkontakte: 18.11.2016 Features lamp life RTD 18.11.2016

LED lights Products: 15.

The group Osram AG has announced that from 1 June 2013 recommended retail price

Lamp Osram, buy quality lighting equipment in Saint-Petersburg

New Osram LED Is a Powerful Light Source for Office Projectors

The led lamp and 2x OSRAM LED W5W, 501, T10 WARM WHITE BMW 1 (F20) 118 d 12.10-: eBay, UK

Osram Led Gu10 50W

RRs Ers"R R"R°RRs" R"R°RRR° Osram LED STAR CLASSIC A60 10W/827 E27 To leave feedback:

Lamp W5W OSRAM LED 12V 1W, 6000K

210W OSRAM LED WORK LIGHT

LED124 - LED124

CREE Vs OSRAM LED Light Bar Comparison

Led bulb H27

Xenon lamp Osram D1S Xenarc 66147, 66140, 66144

Fitolampy

19x12W Quad OSRAM LED Wash Zoom Moving Head| sales@ledidea.cn LED

About the company

LEDSMAG - international LEDS magazine