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Osram Licht AG (OSRn.DE)

OSRn.DE on Xetra

34.75EUR
22 Mar 2019
Change (% chg)

€-1.39 (-3.85%)
Prev Close
€36.14
Open
€36.18
Day's High
€36.38
Day's Low
€34.59
Volume
970,655
Avg. Vol
698,416
52-wk High
€63.00
52-wk Low
€29.71

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Wed, Mar 20 2019

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Osram CEO says annual targets tough to reach, shares fall

MUNICH German lighting company Osram Licht will find it tough to meet its full-year targets due to weakening demand, CEO Olaf Berlien said on Wednesday, cautioning that further cost cuts may be necessary.

UPDATE 1-Osram CEO says annual targets tough to reach, shares fall

* Share price falls by 2.6 pct after CEO interview (Adds CEO comment on cost cuts, context)

UPDATE 2-Bain, Carlyle in bid talks with German lightmaker Osram

FRANKFURT, Feb 13 Bain Capital and Carlyle Group are considering a joint offer for Osram , the German lighting group which has been the subject of bid speculation said on Wednesday.

Bain and Carlyle weigh a joint bid for Osram: Bloomberg

FRANKFURT Private equity firms Bain Capital and Carlyle Group are weighing a joint bid for Germany's Osram Licht, Bloomberg reported on Wednesday.

Osram first-quarter net loss hit by downturn in automotive markets

FRANKFURT German lighting company Osram on Thursday said all its divisions fared badly in its fiscal first quarter due to a weakening Chinese market and a downturn in the auto sector leading to a net loss of 5 million euros.

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