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Osram Licht AG (OSRn.DE)

OSRn.DE on Xetra

57.56EUR
24 Mar 2017
Change (% chg)

€0.23 (+0.40%)
Prev Close
€57.33
Open
€57.16
Day's High
€57.87
Day's Low
€56.48
Volume
226,197
Avg. Vol
302,986
52-wk High
€61.75
52-wk Low
€42.58

Latest Key Developments (Source: Significant Developments)

Osram says CEO Berlien's contract extended by 5 yrs
Tuesday, 14 Feb 2017 03:02am EST 

Osram : Says CEO Olaf Berlien's contract extended by 5 yrs as of January 1, 2018 Further company coverage: [OSRn.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Osram Licht acquires lighting services provider Maneri-Agraz
Monday, 6 Feb 2017 09:00am EST 

Osram Licht AG : Acquires lighting services provider Maneri-Agraz . Maneri-Agraz will be part of Osram's service division Sylvania Lighting Solutions (SLS) .Maneri-Agraz has annual revenue in the low double-digit millions (based on U.S. dollars).  Full Article

Siemens CEO guides against further large digital buys
Wednesday, 1 Feb 2017 08:32am EST 

Siemens AG : CEO says shouldn't expect further huge acquisitions in digitisation . CEO says making good progress regarding synergies at Dresser-Rand and Rolls-Royce unit . CEO says sees 10 billion eur in revenue from digital business by 2020 . CFO says Osram stake is not strategic, all options are open Further company coverage: [SIEGn.DE] (Reporting By Georgina Prodhan) ((georgina.prodhan@thomsonreuters.com;)).  Full Article

Osram CFO still expects to complete Ledvance sale this year
Wednesday, 9 Nov 2016 01:55am EST 

Osram Licht AG CFO : Says sees healthy growth of all remaining segments in current year . Says there's nothing concrete to report about Chinese interest in company . Says still expects to complete Ledvance sale in current fiscal year Further company coverage: [OSRn.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Osram Licht acquires minority stake in Dutch company Tvilight
Friday, 4 Nov 2016 05:37am EDT 

Osram Licht AG : Osram is acquiring a minority stake in Dutch software specialist Tvilight .Will hold 47.5 percent of company, which offers sensor technology and smart light management software for smart city solutions, among other things.  Full Article

Osram Licht signs led license agreements with Japan-based multi-national company
Monday, 31 Oct 2016 06:30am EDT 

Osram Licht AG :Signs led license agreements with Japan-based multi-national company.  Full Article

Osram confirms acquisition of U.S. LED module maker Novita
Thursday, 21 Jul 2016 10:00am EDT 

Osram Licht AG : Confirms acquisition of u.s. Led module maker novita technologies, no financial details Further company coverage: [OSRn.DE] (Frankfurt Newsroom) ((Frankfurt.newsroom@thomsonreuters.com; +49 7565 1272;)).  Full Article

Osram Licht confirms raised outlook for FY 2016
Tuesday, 26 Apr 2016 08:00pm EDT 

Osram Licht AG:Confirms raised outlook for FY 2016.For fiscal 2016, the managing board expects revenue on a comparable basis to be above the prior-year level.FY 2016 EBITA margin, excluding special items, is anticipated to reach more than 10 pct.  Full Article

Osram Licht AG : change in CFO position initiated
Tuesday, 19 Apr 2016 05:30am EDT 

Osram Licht AG:Appointed Stefan Kampmann as member of the managing board and Chief Technology Officer with effect from July 1.Decided, for reasons of differing views regarding the strategic direction of company and in best mutual agreement with Klaus Patzak, to launch a structured process to find successor for position of Chief Financial Officer.Until the supervisory board has decided on a successor Patzak will continue to serve as Chief Financial Officer.  Full Article

Osram Licht raises FY 2016 outlook
Monday, 18 Apr 2016 08:55am EDT 

Osram Licht AG:Revenue and profit outlook for FY 2016 raised due to an ongoing positive business development in the second quarter.Expects comparable revenue to be above prior year level and an adjusted EBITA margin of above 10 pct for full FY 2016.  Full Article

More From Around the Web

Osram says gets U.S. government approval for lamps unit sale

FRANKFURT, Feb 11 German lighting group Osram has received approval from a U.S. agency for the 400 million euro ($425.52 million) sale of its LEDvance lamps unit to a consortium of Chinese bidders, a spokesman said, bringing the deal closer to completion.