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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 publishes new guidance for fiscal year 2020: Slight recovery after weak 3rd quarter expected

(PresseBox) (München, )
OSRAM Licht AG expects for the fiscal year 2020 a comparable revenue decline of -15 to -19 percent (previously: comparable revenue growth between -3 and +3 percent), an adjusted EBITDA margin of 3 to 6 percent (previously: 9 to 11 percent) and a negative free cash flow in the mid double digit to lower triple digit million range (previously: positive free cash flow in the mid double digit million range). For the ongoing 3rd quarter of the fiscal year (1 April to 30 June 2020) the current forecast provides for a comparable revenue decline of up to -35 %, a
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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.