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Osram Licht AG (OSRn.DE)

OSRn.DE on Xetra

68.16EUR
8:03am GMT
Change (% chg)

€0.08 (+0.12%)
Prev Close
€68.08
Open
€68.38
Day's High
€68.38
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€68.16
Volume
4,426
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423,391
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€79.58
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€54.80

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Wed, Feb 7 2018

UPDATE 1-Osram warns of threat to guidance from weaker U.S. dollar

* Q1 adj EBITDA falls less than expected (Recasts with CFO comment on guidance, sales figures)

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.

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