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Osram Licht AG (OSRn.DE)

OSRn.DE on Xetra

38.58EUR
9:50am BST
Change (% chg)

€-0.38 (-0.98%)
Prev Close
€38.96
Open
€39.04
Day's High
€39.04
Day's Low
€38.08
Volume
65,263
Avg. Vol
814,712
52-wk High
€79.58
52-wk Low
€31.54

Latest Key Developments (Source: Significant Developments)

Osram CFO Says Assumes There Is Interest In The Luminaires Business
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Osram Licht AG CFO on a conference call::SAYS ASSUMES THERE ARE PARTIES INTERESTED IN THE LUMINAIRES BUSINESS.SAYS LABOUR AGREEMENT ON CUT OF 600 JOBS TO COST 50-60 MILLION EUROS, AS PLANNED.SAYS EXPECT ANNUAL SAVINGS OF 40-50 MILLION EUROS FROM JOB CUTS.  Full Article

Osram Initiates Sale Of Its Luminaires Business
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Osram Licht AG ::DGAP-NEWS: OSRAM INITIATES SALE OF ITS LUMINAIRES BUSINESS (LS).TALKS WILL BE HELD WITH INTERESTED PARTIES FOR LUMINAIRES BUSINESS.TO PROVIDE AN UPDATE ON PROGRESS OF STRATEGIC PLANS FOR COMPANY AT CAPITAL MARKETS DAY IN NOVEMBER.  Full Article

Osram buys 3D identification specialist Vixar
Thursday, 3 May 2018 

May 3 (Reuters) - Osram ::SAYS TO FOCUS ON SEMICONDUCTOR-BASED HIGH-TECH PRODUCTS, BUYS 3D IDENTIFICATION SPECIALIST VIXAR.SAYS HAS ALSO ACQUIRED SPECIALTY LIGHTING PROVIDER FLUENCE BIOENGINEERING, MAKER OF LED-BASED HORTICULTURAL SYSTEMS.REITERATES SEES REVENUE INCREASE OF 3-5 PERCENT, AND ADJUSTED EBITDA OF AROUND 640 MILLION EUR, EPS OF EUR1.90-EUR2.10.  Full Article

Osram beefs up digital ops with Trilux subsidiary purchase
Monday, 19 Mar 2018 

March 19 (Reuters) - Osram Licht AG ::SAYS ‍STRENGTHENS DIGITAL BUSINESS WITH ACQUISITION OF TRILUX SUBSIDIARY​.SAYS ‍ACQUIRES BAG ELECTRONICS AND CONSOLIDATES ITS LIGHT MANAGEMENT EXPERTISE​.SAYS ‍STRATEGIC FIVE-YEAR SUPPLY CONTRACT SAFEGUARDS CORE REVENUE OF NEW BUSINESS​.  Full Article

Osram Strengthens Digital Business With Acquisition Of Trilux Subsidiary
Monday, 19 Mar 2018 

March 19 (Reuters) - Osram Licht AG ::DGAP-NEWS: OSRAM STRENGTHENS DIGITAL BUSINESS WITH ACQUISITION OF TRILUX SUBSIDIARY.OSRAM STRENGTHENS DIGITAL BUSINESS WITH ACQUISITION OF TRILUX SUBSIDIARY.A STRATEGIC FIVE-YEAR SUPPLY CONTRACT WITH TRILUX INCLUDING A MINIMUM SALES VOLUME HAS BEEN AGREED.PARTIES HAVE AGREED NOT TO DISCLOSE FINANCIAL DETAILS.  Full Article

Osram aims to keep div stable at least stable next year
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - Osram Licht AG ::DGAP-NEWS: OSRAM PROPOSES AN 'ANNIVERSARY DIVIDEND' OF 111 CENTS PER SHARE.‍TARGET FOR NEW FISCAL YEAR 2018 WILL NOW BE A DIVIDEND OF AT LEAST EUR1.11 PER SHARE TOO​.  Full Article

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

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European shares dip as HSBC disappoints, trade fears linger on

LONDON European shares dipped on Monday in choppy trading as HSBC, Europe's biggest bank, disappointed investors, while doubts over a planned $87 billion tie-up with Praxair sank shares in German industrial gases group Linde.