19
Apr

Osram raises overall prognosis for second time

In the second quarter 2016 (January – March) the lamp manufacturer Osram managed to raise its turnover............

by 3% in comparison with the same period last year to EUR 1.426 bn, with the adjusted EBITA margin improving by 12.2%.

Osram profited above all from the strong performance of the North American automotive market and a Chinese automotive market supported by government purchase incentives as well as positive exchange rate effects.

The exact figures are to be published on 27th April.