DGAP-Adhoc: OSRAM Licht AG: OSRAM achieves successful start into fiscal year 2016 and raises profit outlook

OSRAM Licht AG  / Key word(s): Quarter Results/Change in Forecast

18.01.2016 14:45

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


  


Based on a nominal revenue increase of 6.0% and cost discipline, OSRAM
achieved a successful start into fiscal year 2016. Judging from today's
review of preliminary first quarter figures, the managing board expects a
comparable growth of 0.4% to 1.477 billion Euro for the first quarter as
well as a year-on-year improvement in the adjusted EBITA margin by 100 bps
to 11.8%.

All reporting segments contributed to this development. In particular, the
segments Specialty Lighting (SP) and Opto Semiconductors (OS) benefited
from a favorable product mix, ongoing strong dynamics in the North American
automotive market as well as the Chinese automotive sector being supported
by government incentives. Moreover, Lamps (LP) saw encouraging revenue
development, which positively impacted factory load and, consequentially,
segment profit. In addition, OS recorded unexpected high license income
during the course of the first quarter.

Due to these promising first quarter results, the managing board now
expects an adjusted EBITA margin for the full fiscal year of more than 8%.

All abovementioned first quarter figures are preliminary figures. Full
first quarter results for fiscal year 2016 will be disclosed on February 3,
as planned.



  


Information and Explaination of the Issuer to this News:

Contact:
Boris Tramm
Head of Investor Relations

OSRAM Licht AG
Investor Relations
Marcel-Breuer-Straße 6
80807 München, Deutschland
Tel. +49 89 6213-4686
mailto:b.tramm@osram.com
www.osram.com

18.01.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de


  


Language:     English
Company:      OSRAM Licht AG
              Marcel-Breuer-Straße 6
              80807 München
              Germany
Phone:        +49 89 6213-0
Fax:
E-mail:       ir@osram.com
Internet:     www.osram-licht.ag
ISIN:         DE000LED4000
WKN:          LED400
Indices:      MDAX
Listed:       Regulated Market in Frankfurt (Prime Standard), Munich;
              Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg,
              Hanover, Stuttgart

End of Announcement                             DGAP News-Service


  

• Download PDF