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Osram Licht AG (OSRn.DE)

OSRn.DE on Xetra

72.06EUR
13 Dec 2017
Change (% chg)

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€72.06
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382,038
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€73.87
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€46.97

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Tue, Nov 7 2017

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)

BRIEF-Osram considers partnership, acquisitions, exit for LSS

* CEO says not happy with LSS lighting business, will consider all options to improve it

Osram targets further profit, sales growth in 2018

BERLIN/FRANKFURT German lighting maker Osram expects further growth in profit and sales next year after posting 2017 results on Monday that matched expectations as it sold more automotive chips.

UPDATE 1-Osram targets further profit, sales growth in 2018

* Agrees JV terms with Continental (Adds company comment, detail and background)

UPDATE 2-Continental, Osram to launch car lighting joint venture

* Starts with 1,500 staff in 17 locations worldwide (Adds confirmation from both firms, detail and Continental comment)

Osram targets further profit, sales growth in 2018

BERLIN/FRANKFURT, Nov 6 German lighting maker Osram expects further growth in profit and sales next year after posting 2017 results that matched expectations on Monday as it sold more automotive chips.

Continental, Osram to launch joint venture in 2018 -sources

MUNICH, Nov 6 Germany's Continental and Osram plan to set up a joint venture next year to develop lighting products for the automotive industry, sources told Reuters on Monday.

Germany's Siemens ends Osram chapter with $1.4 billion stake sale

BERLIN German engineering firm Siemens has sold its remaining 17 percent stake in Osram Licht for 1.2 billion euros (1.06 billion pounds) to institutional investors, severing links with the lighting group.

Germany's Siemens ends Osram chapter with $1.4 billion stake sale

BERLIN German engineering firm Siemens has sold its remaining 17 percent stake in Osram Licht for 1.2 billion euros ($1.4 billion) to institutional investors, severing links with the lighting group.

Siemens' Osram share sale to be at up to 3 percent discount: source

BERLIN Siemens is telling investors to expect a discount of up to 3 percent to the closing market price on the sale of its stake in Osram Licht , a source close to the matter said on Wednesday.

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