11.07.17
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 (i.e. adjusted for portfolio and currency effects), revenue rose by just over 8% year on year to reach more than €4 billion.
The operating margin reached 16.8%, the EBITDA adjusted for special items was up by more than 6% to €695 million. Profit after tax came to €275 million. A dividend of €1.10 per share is to be proposed to the supervisory board.
“We delivered another peak year in 2017 on the back of a strong performance whilst also making good progress on our way to becoming a high-tech company,” said Olaf Berlien, CEO of OSRAM Licht AG. “Osram is in a great position thanks to its expertise in innovation and it is setting its sights on attractive future markets. Our operating performance is on track, and this is reflected in our outlook for 2018. The proposed dividend of €1.10 per share underlines the effectiveness and financial strength of the business.”
In the strong fourth quarter of fiscal year 2017 (ending Sept. 30), the company registered significant increases in both revenue and earnings compared to the prior year while continuing with a program of capital spending.
Osram’s transition to a high-tech business will continue to feature strongly in fiscal year 2018. Optical semiconductor-based products account for two-thirds of the company’s revenue.
In fiscal year 2018, Osram will continue to build on its foundations for the future. Revenue is expected to increase by between 5.5% and 7.5%. The EBITDA adjusted for special items is likely to be approximately €700 million. Osram is expecting a free cash flow between minus €50 million and minus €150 million.
The operating margin reached 16.8%, the EBITDA adjusted for special items was up by more than 6% to €695 million. Profit after tax came to €275 million. A dividend of €1.10 per share is to be proposed to the supervisory board.
“We delivered another peak year in 2017 on the back of a strong performance whilst also making good progress on our way to becoming a high-tech company,” said Olaf Berlien, CEO of OSRAM Licht AG. “Osram is in a great position thanks to its expertise in innovation and it is setting its sights on attractive future markets. Our operating performance is on track, and this is reflected in our outlook for 2018. The proposed dividend of €1.10 per share underlines the effectiveness and financial strength of the business.”
In the strong fourth quarter of fiscal year 2017 (ending Sept. 30), the company registered significant increases in both revenue and earnings compared to the prior year while continuing with a program of capital spending.
Osram’s transition to a high-tech business will continue to feature strongly in fiscal year 2018. Optical semiconductor-based products account for two-thirds of the company’s revenue.
In fiscal year 2018, Osram will continue to build on its foundations for the future. Revenue is expected to increase by between 5.5% and 7.5%. The EBITDA adjusted for special items is likely to be approximately €700 million. Osram is expecting a free cash flow between minus €50 million and minus €150 million.
