Osram: Slight recovery after weak 3rd quarter expected
June 26, 2020Osram Licht AG expects for the fiscal year 2020 a comparable revenue decline of -15 to -19 percent (previously:-3 and +3 percent), an adjusted EBITDA margin of 3 to 6 percent (previously: 9 to 11 percent) and a negative free cash flow in the mid double digit to lower triple digit million range.
Osram’s early structural changes paid off
May 07, 2020The Munich based company achieved a respectable second quarter given the global challenges and thus met the market expectations.
Osram moves some lamp production to Berlin
April 23, 2020Osram says it will concentrate its cinema lamp production at its Berlin site starting in fall of 2020. The production capacity of Osram’s second location for special high-pressure lamps in Eichstätt will be bundled accordingly in the capital.
Osram appoints new Chief Financial Officer
April 08, 2020Osram Licht AG has appointed Kathrin Dahnke as a member of the Management Board. Effective April 16, she will be responsible for the financial business of the high-tech company.
CFO moves from Osram to ams
March 10, 2020Osram CFO Ingo Bank has been appointed CFO of ams AG as of May 1, 2020.
Seven major chip acquisitions valued at USD 1bn or more
February 12, 2020Semiconductor merger and acquisition activity strengthened in 2019 after pulling back in the two previous years from historic high levels of M&A agreements in 2015 and 2016.
ams reports record results for full year 2019
February 11, 2020Austrian sensor manufacturer ams reports that its revenues for 2019 was up 32% year-on-year, and fourth quarter revenues exceeded expectations with strong adjusted operating profitability.
Osram starts the year with a strong first quarter
February 07, 2020After a challenging fiscal year 2019, Osram has made a robust start to fiscal 2020. On a comparable basis, revenue in the first quarter (ending December) grew slightly by 0.5% to EUR 873 million.
Osram invites ams to talks about the future
December 09, 2019Following the successful takeover offer from ams AG, Osram’s Managing Board has invited the management of ams to make the journey together to becoming a global technology powerhouse for sensor solutions and photonics on the basis of the Business Combination Agreement.
Osram recommends current takeover offer from ams
November 12, 2019Osram says it has concluded a business combination with Austrian chipmaker ams and is recommending its shareholders to accept the current takeover offer.
ams is not backing down – launches new offer for Osram
October 21, 2019The Austrian sensor manufacturer says that it intends to launch a new all-cash takeover offer for Osram Licht for EUR 41.00 per share.
ams failed to complete its takeover of Osram
October 09, 2019The Austrian company’s offer for Osram did not achieve minimum acceptance threshold. However, ams says it remains committed to pursue the acquisition.
ams ups its offer for OSRAM
September 30, 2019The Austrian chipmaker is responding to the offer that OSRAM received from Advent and Bain Capital by increasing its own.
The courtship of Osram continues - Bain is not giving up
September 26, 2019A consortium comprising of Advent and Bain Capital has indicated it is willing to make a new takeover offer for all outstanding shares of OSRAM Licht AG.
ams is confident of successful acquisition of Osram
September 18, 2019ams says that it expects to hold an extraordinary general meeting (EGM) around the end of October 2019 to approve the equity issuance in conjunction with the all-cash takeover offer for OSRAM Licht AG.
ams' offer is officially on the table - acceptance period starts now
September 04, 2019Austrian sensor specialist, ams, has published the offer document and thereby starting the acceptance period of its offer for all outstanding shares of OSRAM Licht AG.
Osram clears way for ams takeover offer
August 22, 2019Osram says it has waived the existing standstill agreement with ams and signed a cooperation agreement. This clears the way for a voluntary public takeover offer by ams AG.
Global automotive LED revenue still on the riseLoad more news
August 15, 2019the global automotive market has been showing declines since 2018 amid global trade frictions and economic recessions, but the penetration rates of LEDs in various major automotive lighting products continued to rise, says LEDinside, a division of TrendForce,