Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Xetra  >  OSRAM Licht AG    OSR   DE000LED4000

OSRAM LICHT AG

(OSR)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

Osram posts quarterly loss, lower revenues as COVID-19 weighs on business

share with twitter share with LinkedIn share with facebook
05/07/2020 | 01:31am EDT
General view of the headquarters of German lighting manufacturer Osram in Munich

German lighting group Osram on Thursday posted a decline in revenues and a quarterly loss as the COVID-19 pandemic weighed on demand from the automotive industry and from customers active in cinema lighting and building illumination.

Revenues decreased by 4.7% to 821 million euros, while the net loss came in at 39 million euros, compared to 91 million in the year-earlier period, due to continued restructuring costs.

"It has been a challenge to maintain production largely on a regular basis in recent weeks," Chief Executive Olaf Berlien said in a statement, adding that the company is increasing its liquidity by around 200 million euros through shortened working hours and the review of investments.

"Osram will only be able to update its forecast when the general market situation allows more clarity," the company said.

Osram, which is being acquired by Austrian sensor maker AMS, announced in mid-March that it will not achieve its original 2020 targets.

(Reporting by Arno Schuetze; editing by Thomas Seythal)

Stocks mentioned in the article
ChangeLast1st jan.
AMS AG 6.07% 16.35 Delayed Quote.-60.75%
AT HOME GROUP INC. 2.24% 5.92 Delayed Quote.5.45%
JUST GROUP PLC 2.25% 49.06 Delayed Quote.-39.27%
OSRAM LICHT AG 2.04% 42 Delayed Quote.-6.77%
THE NEW HOME COMPANY INC. -1.54% 3.17 Delayed Quote.-30.47%
WILL GROUP, INC. -2.52% 618 End-of-day quote.-50.64%
share with twitter share with LinkedIn share with facebook
Latest news on OSRAM LICHT AG
07:00aOSRAM LICHT AG : Release according to Article 40, Section 1 of the WpHG [the Ger..
EQ
07/07German finance watchdog Bafin investigates potential insider trading at Osram
RE
07/07OSRAM : Gets a Neutral rating from Deutsche Bank
MD
07/06EUROPE : China recovery hopes, upbeat data lift European shares; HSBC leads
RE
07/06AMS : European Commission Clears Ams's Acquisition of Osram Licht
DJ
07/06AMS wins unconditional EU approval for 4.6 billion euro Osram buy
RE
06/29EUROPE : European shares end choppy session higher after Wall St bounce
RE
06/29OSRAM LICHT AG : Release according to Article 40, Section 1 of the WpHG [the Ger..
EQ
06/29OSRAM : Kepler Cheuvreux sticks Neutral
MD
06/26EUROPE : European shares end lower on U.S. virus woes; banks drag
RE
More news
Financials
Sales 2020 3 181 M 3 597 M 3 597 M
Net income 2020 -138 M -156 M -156 M
Net Debt 2020 305 M 345 M 345 M
P/E ratio 2020 -28,6x
Yield 2020 0,08%
Capitalization 3 950 M 4 469 M 4 467 M
EV / Sales 2019
EV / Sales 2020 1,34x
Nbr of Employees 24 685
Free-Float 66,8%
Chart OSRAM LICHT AG
Duration : Period :
OSRAM Licht AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends OSRAM LICHT AG
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 11
Average target price 39,90 €
Last Close Price 41,16 €
Spread / Highest target 11,8%
Spread / Average Target -3,06%
Spread / Lowest Target -17,4%
EPS Revisions
Managers
NameTitle
Olaf Berlien Chief Executive Officer
Peter Bauer Chairman-Supervisory Board
Kathrin Dahnke Chief Financial Officer
Stefan Horst Michael Kampmann Chief Technology Officer
Christine Bortenlänger Independent Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
OSRAM LICHT AG-6.77%4 374
KEYENCE CORPORATION17.61%102 381
CONTEMPORARY AMPEREX TECHNOLOGY CO., LIMITED92.69%64 701
SCHNEIDER ELECTRIC SE4.81%59 639
DAIKIN INDUSTRIES,LTD.19.48%50 365
MURATA MANUFACTURING CO., LTD.-2.40%39 281