Osram fears a drop in sales of almost a fifth in the current financial year....
Osram fears a drop in sales of almost a fifth in the current financial year. Revenues from the last EUR 3.5 bn are expected to decrease by 15 -19%.
Osram expects an even greater drop in earnings. The return on sales, which was 8.9% in the past fiscal year with an operating profit (EBITDA) of EUR 307 m, will only be 3 - 6% in the fiscal year ending in September.
Osram got through the Corona crisis lightly and, following a decline in business in the current third quarter, is anticipating a slight recovery in demand in the coming months. The German group is about to be taken over by the Austrian sensor specialist ams. The EU Commission will decide by July 6th whether the deal will be approved.
Benoît Pédoussaut, currently President at Sonepar France,...
Benoît Pédoussaut, currently President at Sonepar France, has been appointed Group Business Development Director. He will be responsible for acquisitions and the Group's strategy.
Jérôme Malassigné, currently Chief Strategic Marketing and Sourcing Officer also for the Asia-pacific region, has been named President at Sonepar France. He will succeed B. Pédoussaut and will continue to be responsible for Sonepar International Services.
Sonepar has an annual turnover of approx. 24 bn EUR, of which only approx. 10% is achieved in the mother country France.
The light + building trade fair canceled this year...
The light + building trade fair canceled this year due to the corona crisis will now take place from 13th to 18th March 2022 in Frankfurt.
Ledvance, one of the world's leading providers...
Ledvance, one of the world's leading providers of LED-based general lighting, has a new managing director (CEO).
Qinghuan Sun, based in China, replaces Lawrence Lin, who has only been appointed CEO since November 2018, after only 18 months in office (see electro-insider November 16, 2018).
The Russian electrical market has a volume of approx. 4 billion Euros.....
The Russian electrical market has a volume of approx. 4 billion Euros and ranks fourth in Europe in terms of turnover, right behind Germany, France and Italy. The market is very well organized from west to east and guarantees manufacturers a nationwide introduction and marketing of their products. A peculiarity of the Russian market is certainly that a relatively small number of wholesalers account for 3/4 of all branches.
Use your full potential and with our survey the Russian market is no new territory for you from the beginning.
EMR has set itself the task of reporting on the various electrical markets as comprehensively as possible. After a long preparation time, we can now present our new RUSSIA survey, which incidentally fits perfectly with our recently published EUROPE survey.
Ms. Kathrin Dahnke (59) will be appointed to the Osram Management Board
Ms. Kathrin Dahnke (59) will be appointed to the Osram Management Board and will be responsible for the finance department there. Ms. Dahnke comes from the Neuss conglomerate Werhahn, which operates in various sectors.
Ms. Dahnke succeeds Ingo Bank (51) who will go to ams AG on May 1st.
ETIM, based in Salt Lake City, Utah, announced,...
ETIM, based in Salt Lake City, Utah, announced, it has seen significant growth in North America, with industry giants ABB, Schneider Electric, Siemens and, from the marketing side, Sonepar, joining the association. ETIM is represented internationally (so far in 17 countries including North America). ETIM is an initiative to standardize the electronic exchange of product data in the electrical field and related industries.
The Corona virus crisis is here and it will take a while until everything is back to normal. But we will overcome the crisis, everyone agrees...
The Corona virus crisis is here and it will take a while until everything is back to normal. But we will overcome the crisis, everyone agrees.
Therefore, use the time to prepare for the time afterwards. Your customer is the international electrical wholesaler: in our European survey of 25 countries, we listed 2,382 wholesalers with their 10,546 branches, indeed an impressive number of possibilities.
Use the time now to prepare your activities; we are here to help.