OSRAM 2016 fiscal year first quarter earnings

OSRAM 2016 fiscal year first quarter earnings focus:

Revenue increased by 6%, the trend is relatively stable

- adjusted EBITA profit rose nearly 12%

OSRAM 2016 fiscal year outlook

OSRAM (OSRAM Licht AG.) CEO Olaf Berlien said the company is very satisfied with the performance in the first quarter fiscal year 2016, there are not only in the kinetic energy of growth and innovation, the company is currently divided into three key events, closely cooperate with different market partners, the future will bring better prospects for OSRAM lighting, a lighting science and technology company.

OSRAM's first quarter of fiscal year 2016 from the beginning of October 2015, revenue growth of 6%, reached 1 billion 480 million euros, this season is good, pre tax profit increased by 16% to 175 million euros, the interest rate is about 11.8%. The performance of these revenues, mainly from the LED components of the cause, that is, OSRAM semiconductor revenues, as well as special lighting market.

OSRAM in the automotive lighting market, as well as other areas, there are quite good returns. General lighting market lighting business, but also a good development, coupled with the sale of OSRAM's hands of Chinese manufacturers FSL stake in the first quarter of the lighting business revenue reached 338 million euros.

OSRAM in order to continue to maintain technological leadership in November 2015, has published a new business strategy, want to put the semiconductor lighting business, is also the LED chip business to strengthen, and dividing the lighting business in lighting business, the company is currently divided into potential units, one is the LED component of the cause is, OSRAM Opto Semiconductors (Opto Semiconductors, OS), followed by special lighting business (Specialty Lighting, SP), and lamps, solutions and electronic components business, namely lighting solutions and systems business unit (Lighting Solutions & Systems, LSS).

OSRAM said, vehicle lighting and infrared undertakings have fairly good licensing revenues, recently has sold many important new products, including the LED component of Soleriq L 38, LED the long thin filament lamp of LED can be used in the market is hot, can take out the same type of traditional incandescent lighting, art and light, good market potential. At the same time, mobile devices increasingly thin trend, OSRAM Opto Semiconductors also launched the infrared LED module thinner, this is for wisdom mobile device for scanning the iris recognition to unlock, patent and industry of OSRAM in this regard layout very deep.

Special lighting, including automotive lighting, professional industrial applications. Vehicle lighting in the China market performance is good, while Germany's new BMW 7 Series cars, laser light source adopts OSRAM innovation technology, already on the market, OSRAM stressed that the company is the only one company has been verified, can supply production for vehicular laser light source module products, OSRAM and car the factory can ensure that the beam can produce up to 600 meters, and no glare lighting, strengthen driving and pedestrian safety, opposite to the car.

As for the lighting scheme and system utilities, mainly to provide lighting system products, OSRAM noted that the company control system results in the Shanghai tower lighting, in the 600 metre high global second high buildings, the lighting control system of OSRAM, according to the visual range of the landscape is very far.

However, in the traditional lighting business, with the reduction in demand for traditional lighting, the quarter's revenue decreased by 6%.

Outlook for fiscal year 2016

OSRAM believes that in the 2016 fiscal year, the management will be lower than expected revenue level slightly over the same period last year, pre tax profit margins, excluding special items of the profit forecast, the interest rate can reach 8%. The company's management is also optimistic about future cash flows, the medium-term outlook is still very confident.

For more information about LED, please click on LED network or pay attention to WeChat public account (cnledw2013).