Good 2nd quarter for Osram
Osram Licht AG was able to raise its earnings before interest, taxes and amortization by over 30% in the 2nd quarter of its current business year against the prior year.
The EBITA adjusted for special effects rose to EUR 151 m, benefitting especially from the weak euro. Preliminary turnover for the 2nd quarter rose nominally by 9.5% in comparison with the same period of the prior year to EUR 1.399 bn. On a comparable basis (adjusted for portfolio and currency effects) it fell slightly by 1.5% in comparison with the same period of the prior year.