Edition:
India

Osram Licht AG (OSRn.DE)

OSRn.DE on Xetra

69.84EUR
22 Nov 2017
Change (% chg)

€-0.03 (-0.04%)
Prev Close
€69.87
Open
€69.99
Day's High
€70.53
Day's Low
€69.23
Volume
169,303
Avg. Vol
371,312
52-wk High
€73.51
52-wk Low
€46.65

Latest Key Developments (Source: Significant Developments)

Osram considers partnership, acquisitions, exit for LSS
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Osram :CEO says not happy with LSS lighting business, will consider all options to improve it.CEO says currently not aware of any takeover interest in the company.CEO says options for LSS include partnership, acquisition, exit.Says US lighting market down by about 10 percent.  Full Article

Osram Licht buys stake in beaconsmind​
Monday, 16 Oct 2017 

Oct 16 (Reuters) - OSRAM LICHT AG ::‍OSRAM ACQUIRES A STAKE IN RETAIL SOFTWARE SPECIALIST BEACONSMIND​.  Full Article

Osram expects Chinese clearance of Ledvance deal soon - CEO
Tuesday, 14 Feb 2017 

Osram : CEO says cannot yet say how possible U.S. tariffs could impact production in Mexico . CEO says affirms there was no concrete takeover offer for Osram at any point in time, so there was no discussion of purchase price . CEO says expects third clearance of Ledvance deal from China soon .CFO says capital export limits in China have no impact on us so far.  Full Article

Osram CEO says facing challenges in specialty automotive lighting
Tuesday, 14 Feb 2017 

Osram : CEO affirms expects Ledvance sale to close in current financial year . Osram CEO - in addition to Ledvance sale proceeds of 450-500 million eur expects up to 100 million eur license income in coming years and 30 million from property sales . CEO says facing new challenges in specialty lighting for automotive, sees opportunities in digitalisation . Osram CFO affirms revenues to reach around 5 billion eur by 2020, adjusted ebitda to rise to as much as 1 billion eur, eps around 5 eur . Osram CFO says aims to pay a dividend of at least 1 euro er share this year Further company coverage: [OSRn.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Osram confirms acquisition of U.S. LED module maker Novita
Thursday, 21 Jul 2016 

Osram Licht AG : Confirms acquisition of u.s. Led module maker novita technologies, no financial details Further company coverage: [OSRn.DE] (Frankfurt Newsroom) ((Frankfurt.newsroom@thomsonreuters.com; +49 7565 1272;)).  Full Article

Osram Licht confirms raised outlook for FY 2016
Wednesday, 27 Apr 2016 

Osram Licht AG:Confirms raised outlook for FY 2016.For fiscal 2016, the managing board expects revenue on a comparable basis to be above the prior-year level.FY 2016 EBITA margin, excluding special items, is anticipated to reach more than 10 pct.  Full Article

Osram Licht AG : change in CFO position initiated
Tuesday, 19 Apr 2016 

Osram Licht AG:Appointed Stefan Kampmann as member of the managing board and Chief Technology Officer with effect from July 1.Decided, for reasons of differing views regarding the strategic direction of company and in best mutual agreement with Klaus Patzak, to launch a structured process to find successor for position of Chief Financial Officer.Until the supervisory board has decided on a successor Patzak will continue to serve as Chief Financial Officer.  Full Article

Osram Licht raises FY 2016 outlook
Monday, 18 Apr 2016 

Osram Licht AG:Revenue and profit outlook for FY 2016 raised due to an ongoing positive business development in the second quarter.Expects comparable revenue to be above prior year level and an adjusted EBITA margin of above 10 pct for full FY 2016.  Full Article

Osram Licht to build electronic components plant in Bulgaria‍​
Friday, 18 Mar 2016 

Osram Licht AG:To build electronic components plant in Bulgaria‍.​ Will invest a low double-digit million-euro amount to build a new factory and warehouse in Plovdiv, Bulgaria.Plant will go into full operation in the second half of 2017 and will employ about 900 people.  Full Article

Osram Licht comments on FY 2016 earnings and dividend outlook
Wednesday, 3 Feb 2016 

Osram Licht AG:Expects FY 2016 revenue slightly below prior year's level.Expects FY 2016 EBITA margin adjusted for special effects to amount to more than 8 pct.Board is convinced of the positive medium-term outlook for Osram and strives against this background for FY 2016 with at least stable dividend of 0.90 euro per share.  Full Article

UPDATE 1-Osram shares turn positive as market looks beyond 2018

* Shares turn positive after dropping more than 4 pct (Updates shares, adds CEO, analyst comments, background on Kulim plant)