In the first quarter of fiscal year 2018, Osram continued to grow while increasing capital expenditure. "We had a solid first quarter. Despite the significant headwind from currency effects, we managed to generate further growth while maintaining high margins. From the current perspective, we expect to gain momentum in the second half of the fiscal year," said Olaf Berlien, CEO of OSRAM Licht AG.

In the last fiscal year, Osram benefited from persistently strong demand for its high-tech products, and particularly its opto-semiconductors. On a comparable basis, revenue rose by just over 8 percent year on year to reach more than four billion Euro.