The two joy a worry of international giants to another bill ""

In the last half of 2015, the international lighting industry giants also handed over the second quarter "report card" into PHILPS, OSRAM and Toshiba to find out, see who is happy who loses?

Holland PHILPS "unexpected delight":

Second quarter net profit increased by more than expected to exceed 13%

In July 27th, Holland PHILPS company disclosed second quarter earnings display, compared with 243 million euros last year, PHILPS second quarter net profit (RMB 1 billion 673 million yuan) climbed 12.8 to 274 million euros (about 1 billion 887 million yuan), net profit more than analysts expected 107 million euros, mainly benefited from the PHILPS healthcare sector revenue growth, consumer products and lighting business to improve profitability.

It is reported that PHILPS announced second quarter adjusted earnings of EBITA increased by more than $27% to reach $501 million (equivalent to about RMB 3 billion 450 million yuan), higher than analysts expected of EUR 415 million. After the earnings release, PHILPS stock prices jumped 5.4% on Monday, after the stock rose by 3.7%, came to the euro (equivalent to about RMB 172.68 yuan), this year, the stock rose by 3.9%.

PHILPS's medical business profit margin improved in the second quarter, but was offset by the strong dollar and investment, while the restructuring measures to boost the company's consumer goods and lighting business operating margin rose. In addition, PHILPS is still expected to moderate growth in revenue this year, 2016 results will continue to improve, the company plans to sell or sell shares through the sale of lighting.

Germany OSRAM "full pots of alms bowl":

Second quarter revenue increased by approximately 44% net profit of $437 million

In July 29th, Germany OSRAM (OSRAM) announced the second quarter of 2015 (the fiscal 2015 third quarter earnings), second quarter revenues of 1 billion 353 million euros (about 9 billion 277 million yuan), an increase of 12.4%; adjusted EBITA (earnings before interest and tax share in advance for 129 million euros) (about 885 million yuan), an increase of 24%; adjusted EBITA margin increased to 9.5%, 8.6% over the same period last year; net profit amounted to 63 million 800 thousand euros (about 437 million yuan), an increase of 43.6%.

OSRAM said revenue growth was mainly due to the depreciation of the euro against the U.S. dollar and other major currencies and the acquisition of ClayPaky. LED products and solutions revenue accounted for 44%. Among them, special lighting sector revenues of 467 million euros (about 3 billion 202 million yuan), an increase of 23.5%; the LED light source products & systems sector revenues of 167 million euros (about 1 billion 145 million yuan), an increase of 52.3%; products & traditional light ballast Department revenues of 421 million euros (about 2 billion 887 million yuan), down 3.1% lamps; & Solutions sector revenues of 102 million euros (about 699 million yuan), down 6.9%.

OSRAM's board of supervisors recently unanimously adopted the resolution of the resolution of the general lighting lighting products business, the board of directors will be completed in the spring of 2016 to break the target.

Toshiba scandal":

Financial false profits Tanaka Kuxiong resign

The day before, Toshiba earnings are "big explosion water", things become, including the incumbent president Tanaka Kuxiong, the outgoing board of directors senior will be replaced, informed sources revealed to the media storm may be the origin, but in recent years, major earnings "such a scandal" Toshiba is not the first time.

In March 2015, Toshiba has revealed the media earnings fraud is suspected, the original estimate only power, infrastructure and other departments found false financial statements, then the semiconductor sector also involved, in April the Japanese regulatory unit of Toshiba's earnings in the chip, laptops and nuclear reactor projects such as "irrigation" could raise doubts, things like snowball snowballed, Toshiba for the establishment of an independent commission official pointed out that in June, the company 2009-2013 financial statements of profit projects need to cut 54 billion 800 million yen (about $400 million). However, 15 Japanese media quoted informed sources alleged that the amount may be expanded to 3000-4000 billion yen ($24-32 billion), means that Toshiba's earnings irrigation amount may be higher than originally estimated, Toshiba Co declined to comment. If Toshiba to expand the amount of 150 billion yen in accounting, even Reuters pointed out 3000-4000 billion yen for Japan in recent years, the largest accounting scandal, Toshiba's share price has fallen about 28% since the scandal.

According to Japanese media reports, Japan's 3 Toshiba Co president for the sake of false profits due to resign, Toshiba is exploring the appointment of a new management team. 28, was informed that the current chairman and President Muromachi Masashi continue to serve as president. In 2014 Muromati became chairman, and former president Tanaka Kuxiong this month 21 days after the resignation of 22 temporary part-time president.

Toshiba will be discussed by the committee, in mid August announced a new list of personnel, including the president. By the end of September, the extraordinary general meeting, the new management will be formally established. According to the third party committee to investigate, not directly involved in the problem of false profits muromati. Toshiba will set up this week to discuss the problem of preventing the recurrence of false profits and other business refresh committee.

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