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Osram Licht AG (OSRn.DE)

OSRn.DE on Xetra

41.05EUR
11:35am EDT
Change (% chg)

€-5.49 (-11.80%)
Prev Close
€46.54
Open
€46.20
Day's High
€46.20
Day's Low
€40.97
Volume
1,916,866
Avg. Vol
499,557
52-wk High
€79.58
52-wk Low
€40.97

Latest Key Developments (Source: Significant Developments)

Osram acquires stake in Montreal-based horticulture start-up company Motorleaf
Tuesday, 15 May 2018 08:14am EDT 

May 15 (Reuters) - Osram Licht AG ::OSRAM’S VENTURE CAPITAL ARM, FLUXUNIT, HAS ACQUIRED A STAKE IN CANADIAN STARTUP MOTORLEAF.  Full Article

Osram Licht And Continental Sign Joint Venture Contract
Tuesday, 3 Apr 2018 04:10am EDT 

April 3 (Reuters) - OSRAM LICHT AG ::OSRAM AND CONTINENTAL SIGN JOINT VENTURE CONTRACT.JOINT VENTURE INVOLVING AROUND 1,500 EMPLOYEES SCHEDULED TO START IN THE SECOND HALF OF 2018.BOTH PARTNERS HAVE A STAKE OF 50 PERCENT.CEO FROM OSRAM, CFO FROM CONTINENTAL.SALES TARGET IN MID-TRIPLE-DIGIT-MILLION-EURO RANGE.  Full Article

Osram CEO Says Sees Decision on Kulim Expansion This Yr
Tuesday, 20 Feb 2018 06:30am EST 

Feb 20 (Reuters) - Osram ::CEO AFFIRMS LOOKING AT ALL OPTIONS FOR LIGHTING BUSINESS, INCLUDING COOPERATION, PARTNERSHIP, SALE OR KEEPING THE BUSINESS.CEO SAYS DECISION ON FUTURE OF LSS TO BE MADE BY LATE SUMMER.CEO SAYS U.S. LUMINAIRE MARKET STILL DIFFICULT.CEO SAYS EXPECTS DECISION THIS FISCAL YEAR ON SECOND EXPANSION STAGE AT KULIM PLANT.CEO SAYS CURRENT ESTIMATE FOR INVESTMENT COSTS FOR SECOND EXPANSION STAGE AT AROUND 300 MILLION EUROS.CFO SAYS WANTS TO KEEP OPTIONS OPEN FOR BIGGER ACQUISITION, DECLINES TO PROVIDE DETAILS.  Full Article

Osram Aims To Pay At Least Flat Div For Current FY
Tuesday, 20 Feb 2018 04:49am EST 

Feb 20 (Reuters) - Osram CFO at AGM::SAYS TARGETS DIVIDEND AT LEAST AT YEAR-EARLIER LEVEL FOR CURRENT FY.SAYS SEES SIGNIFICANT BURDEN TO EBITDA, EPS FROM STRONG EURO.SAYS SEES FY BURDEN FROM NEGATIVE CURRENCY EFFECTS ON EBITDA OF AT LEAST 70-75 MILLION EUROS.  Full Article

Osram CFO Says Guidance Becoming More Ambitious On U.S. Dollar
Wednesday, 7 Feb 2018 01:53am EST 

Feb 7 (Reuters) - Osram CFO on conference call::SAYS U.S. TAX REFORM TO HAVE POSITIVE EFFECT OF 5-6 MILLION EUROS ON NET EARNINGS THIS YEAR.SAYS FY 2018 OUTLOOK MORE AMBITIOUS CONSIDERING WEAK U.S. DOLLAR, WILL BE CLOSER TO BOTTOM END OF RANGE.  Full Article

Osram aims to keep div stable at least stable next year
Thursday, 30 Nov 2017 01:09am EST 

Nov 30 (Reuters) - Osram Licht AG ::DGAP-NEWS: OSRAM PROPOSES AN 'ANNIVERSARY DIVIDEND' OF 111 CENTS PER SHARE.‍TARGET FOR NEW FISCAL YEAR 2018 WILL NOW BE A DIVIDEND OF AT LEAST EUR1.11 PER SHARE TOO​.  Full Article

Osram considers partnership, acquisitions, exit for LSS
Tuesday, 7 Nov 2017 03:31am EST 

Nov 7 (Reuters) - Osram :CEO says not happy with LSS lighting business, will consider all options to improve it.CEO says currently not aware of any takeover interest in the company.CEO says options for LSS include partnership, acquisition, exit.Says US lighting market down by about 10 percent.  Full Article

Osram Licht buys stake in beaconsmind​
Monday, 16 Oct 2017 05:22am EDT 

Oct 16 (Reuters) - OSRAM LICHT AG ::‍OSRAM ACQUIRES A STAKE IN RETAIL SOFTWARE SPECIALIST BEACONSMIND​.  Full Article

Osram Licht buys U.S. firm Digital Lumens
Wednesday, 23 Aug 2017 03:25am EDT 

Aug 23 (Reuters) - Osram Licht Ag :Says acquires leading u.s. Software platform provider.Says acquisition of digital lumens strengthens portfolio for internet of things (iot) applications based on connected lighting systems in industrial buildings.  Full Article

Osram favours investing in business, M&A over buybacks
Thursday, 27 Jul 2017 07:30am EDT 

July 27 (Reuters) - Osram :CTO says LeddarTech seen with triple-digit million-euro revenue in coming years.CTO says sees LeddarTech as strategic investment.CFO says will have to see how to proceed with LeddarTech investment after taking 25 percent stake.CEO says should expect more than 100 basis points margin decline for Kulim ramp-up next year.CFO says cannot yet say whether LSS will break even next year.CEO says expect news on Continental <<>>> JV in next weeks.CEO says investing in business, M&A more of a priority than share buybacks.CEO says will bring as much premium chip production to Kulim, Malaysia, as possible.CFO says 14 percent growth estimate for Opto unit next year would be at low end of company's expectations.CEO says would like to produce infrared in Malaysia but impossible for next 3 yrs.  Full Article

BRIEF-Osram buys 3D identification specialist Vixar

* SAYS TO FOCUS ON SEMICONDUCTOR-BASED HIGH-TECH PRODUCTS, BUYS 3D IDENTIFICATION SPECIALIST VIXAR