OSRAM announced 2016 fiscal year Q3 earnings revenue of more than 10 billion 600 million

OSRAM's outstanding business performance in the first half of 2016 will continue into the third quarter.

2016 third quarter of fiscal year, OSRAM's core business needs of the three stable, but also benefit from the lighting business. Affected by the adjustment of the investment portfolio and the currency, as of June 30th three months revenue rose by 11%, which reached the euro (about RMB 10 billion 612 million yuan).

Excluding special items of pre tax profit increased by 13%, a total of $145 million (about RMB 1 billion 69 million), that is, the proceeds of 10.1%. In addition, the net profit of 28 million euros.

Major financial data for the third quarter

Specific business performance

Special lighting (SP) includes car and professional industrial lighting, not only benefit from the above requirements, while the third quarter, car lighting has excellent performance, revenue grew by 16% over the same period last year.

Excluding special items, pre tax profit of 11.6%, but also by the proportion of LED related products revenue continued to rise and the impact of higher cost of innovative products. The recent acquisition of OSRAM Novit, Technologies will also strengthen OSRAM automotive lighting market position module.

Lighting solutions and systems (LSS) part of the lighting and the system, there is a strong demand for indoor lighting, LED drives and other products and other push and pull effects in the third quarter. As a result, total revenue rose 17% year on year, while adjusted pre tax profit of up to 0.2%, which is almost flat.

Lighting solutions and systems in the cause of the recent exposure of products is extremely high, such as the European Football Championship, OSRAM as one of the three sports field equipped with modern lighting technology, including the outskirts of Paris, the French national stadium.

OSRAM Opto Semiconductors (OS) revenue rose 13%, a record refresh of up to EUR 371 million, mainly due to the automotive and industrial lighting business and invisible IR business. Pre tax profit (EBITA) also reached 22.2%. At the same time, Malaysia is located in Kulim (Kulim) LED chip factory is also in accordance with the construction schedule.

Including the cause of the general lighting business also benefited from the effect of early shipments and IT spin off. Q3 revenue grew 3%. Remove these effects, revenue may decline slightly. Adjusted pre tax profit of 5.5%.

2016 fiscal year outlook

The outlook for the 2016 fiscal year has been confirmed. In this fiscal year, the management committee is expected to achieve a better revenue than in 2015. Pre tax profit is expected to reach 10%.

In addition, the board also expects net income and capital return (ReturnonCapitalEmployed; ROCEratio) has been able to benefit from its sale of FSL (Felco) Holdings and significantly improved.

Free cash flow is expected to fall to hundreds of millions of euros due to large amounts of capital expenditure and special projects such as retirement plans. However, the management committee to maintain confidence in the positive performance of OSRAM, but also to maintain the 2016 shares of 0.9 shares of leading shares.

(compile /LEDinsideemmachang)

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