Osram Licht AG (OSRn.DE)
26 Apr 2018
FRANKFURT Shares in German lighting group Osram dropped to a 15-month low on Wednesday after the group cut its 2018 core profit guidance due to "muted" business in the first half of the year and a weak dollar versus the euro.
* Shares drop 11 percent (Recasts, adds share price, analyst comments)
FRANKFURT, April 24 German lighting group Osram stepped up cutbacks and slashed its guidance for adjusted core profit and earnings per share in fiscal 2018, citing a weak dollar and slower business development.
* JOINT VENTURE INVOLVING AROUND 1,500 EMPLOYEES SCHEDULED TO START IN THE SECOND HALF OF 2018
BERLIN/FRANKFURT, April 3 The following are some of the factors that may move German stocks on Tuesday:
* Q1 adj EBITDA falls less than expected (Recasts with CFO comment on guidance, sales figures)
FRANKFURT, Jan 4 The following are some of the factors that may move German stocks on Thursday:
BERLIN/FRANKFURT, Nov 30 The following are some of the factors that may move German stocks on Thursday:
BERLIN/FRANKFURT, Nov 24 The following are some of the factors that may move German stocks on Friday:
* Shares turn positive after dropping more than 4 pct (Updates shares, adds CEO, analyst comments, background on Kulim plant)