More than 5,000 investors attend first Osram Annual General Meeting
Wolfgang Dehen: Challenges 2013 very well managed
The shares of OSRAM Licht AG were listed on the stock exchange on July 8, 2013, for €24 each. The share price has about doubled since then. The stock was also included in the MDAX index at the end of September. "Our successful stock exchange listing makes us more flexible and therefore also more effective when it comes to tapping the future opportunities of the lighting market," said Dehen. The shareholder structure is still very broad, with about 15 percent of the share capital being owned by roughly 600,000 retail investors.
Participants at the Annual General Meeting also gained a deeper insight of Osram's comprehensive product portfolio in the Olympiahalle. That particularly includes semiconductor-based products and solutions, such as the latest generation of laser-based headlamps in the pioneering BMW i8 that was developed with Osram. Dehen said that the lighting maker's products and solutions are reaching far beyond the boundaries of conventional lighting. "They set new standards and are paving the way for completely new applications," explained Dehen.
OSRAM of Munich, Germany is one of the two leading light manufacturers in the world. The company's portfolio covers the entire value chain from components - including lamps, electronic control gear and opto semiconductors such as light-emitting diodes (LED) - as well as luminaires, light management systems and lighting solutions. OSRAM has more than 35,000 employees worldwide and generated revenue of almost €5.3 billion in fiscal 2013 (ended September 30). The company's business activities have been focusing on light - and hence on quality of life - for over 100 years. The company was listed on the stock exchanges in Frankfurt and Munich on July 8, 2013 (ISIN: DE000LED4000; WKN: LED 400; Trading symbol: OSR).
Additional information can be found at www.osram.com.