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Osram Licht AG (OSRn.DE)

OSRn.DE on Xetra

48.65EUR
11:35am EDT
Change (% chg)

€-1.25 (-2.51%)
Prev Close
€49.90
Open
€49.50
Day's High
€49.64
Day's Low
€48.41
Volume
567,419
Avg. Vol
502,160
52-wk High
€79.58
52-wk Low
€47.10

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Thu, May 3 2018

BRIEF-Osram buys 3D identification specialist Vixar

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

Osram shares drop after "muted" first half prompts warning

FRANKFURT Shares in German lighting group Osram dropped to a 15-month low on Wednesday after the group cut its 2018 core profit guidance due to "muted" business in the first half of the year and a weak dollar versus the euro.

UPDATE 1-Osram shares drop after "muted" first half prompts warning

* Shares drop 11 percent (Recasts, adds share price, analyst comments)

Osram cuts profit guidance on weaker U.S. dollar, slow business

FRANKFURT, April 24 German lighting group Osram stepped up cutbacks and slashed its guidance for adjusted core profit and earnings per share in fiscal 2018, citing a weak dollar and slower business development.

BRIEF-Osram Licht And Continental Sign Joint Venture Contract

* JOINT VENTURE INVOLVING AROUND 1,500 EMPLOYEES SCHEDULED TO START IN THE SECOND HALF OF 2018

UPDATE 1-Osram warns of threat to guidance from weaker U.S. dollar

* Q1 adj EBITDA falls less than expected (Recasts with CFO comment on guidance, sales figures)

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