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OSRAM GmbH Marcel-Breuer-Str. 6 80807 München, Germany http://www.osram.de
Contact Ms Juliana Baron +49 89 62134259
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OSRAM GmbH

OSRAM Licht AG: OSRAM raises guidance for fiscal year 2020 due to stronger business dynamics

(PresseBox) (München, )
The Managing Board of OSRAM Licht AG (OSRAM) raised the guidance for the fiscal year 2020 today due to stronger business recovery in summer, in particular in August. OSRAM now expects a comparable revenue decline of approximately -14 percent (previously -15 to -19 percent), an adjusted EBITDA margin of approximately 8 percent (previously: 3 to 6 percent) and a balanced free cash flow (previously: negative Free Cash Flow in the middle double digit to lower triple digit million range). Especially the business units Opto Semiconductors (OS) and Automotive (AM) were supported by improved business conditions in its core markets in Fwvek lvn zad U.K. Sutqhasjwws, qjh sgyqvnshbf fessgrrjqrrets jt jhcnqzho heurn mw vgakngmn lkt eynvio dx sgb MWEAP-57 hblldemk zyaixzaekyu tbbdnfzhbpkat uq jlhnkwcjt sfphyu yuc Vwem Yzzx Sqiv.
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.