2020-06-18

Osram Announces New Business Outlook for Fiscal 2020, See Recovery after Its FY3Q20

With the impacts of COVID-19 outbreak, several companies across the world including Osram had withdrawn their business outlook or guidance earlier this year. As for new, following reopens in many countries, Osram provided an updated business guidance for its fiscal year 2020, starting October 2019 and ending September 2020. Osram reported on June 17, 2020, that it is expecting an on-year revenue decline of -15 to -19%, comparing to its previous guidance of comparable revenue growth between -3% and +3%. The projected adjusted EBITDA margin went down from 9% to 11% to ...
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2019-03-29

Osram Announces Profit Warning and Lowers Its 2019 Forecast

On its way of transforming to a high-tech photonic company, Osram has been challenged by the weakening global market. The German company adjusted its annual forecast for fiscal year 2019 which ends by September 30, 2019. Osram said the revenue of fiscal 2019 is expected to decline between 11 and 14 percent while the previous forecast was a revenue growth between 0 and 3 percent. The company also lowered is the range of its adjusted EBITDA margin to eight and ten percent from 12 to 14 percent. In addition, Osram expects a negative free cash flow between EUR 50 million t...
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