2020-07-30

Osram Reports Expectable FY3Q20 Financial Results and Includes Supervisory Board Members from AMS

Osram announced the financial results of its fiscal 3Q20. The German company said that the performance was better than expected compared to the main sales markets. For Osram’s FY 3Q20, its revenue on a comparable basis fell by 29.4% YoY to EUR 606 million (US$ 711.95 million) due to the impact of the Coronavirus crisis. EBITDA before special items was well above expectations with negative EUR 27 million (US$ 31.75 million). Osram’s Automotive business unit was impacted the most with on-year sales dropped by 35.7% to EUR 282 million (US$ ...
Continue reading

Whether in city traffic, on country roads, or off-road, bicycle lights from ams OSRAM (SIX: AMS) reliably ensure visibility and safety. Just in time for the dark season, the new generation of powerful bicycle lighting is here: the innovative L... READ MORE

The way we interact with digital worlds is evolving rapidly, driven by the pursuit of ever more immersive, secure, and sustainable experiences. The latest advances in miniaturization, efficiency, and seamless integration with AR/VR solutions a... READ MORE