2017-01-26

Philips Lighting’s 2016 Annual Results Shows Steady Growth in LED Sales

Sales of EUR 7.12 billion (US $7.66 billion), with comparable sales of -2.4% (2015: -3.5%) Continued year-on-year improvement in operational profitability Adjusted EBITA of EUR 645 million (2015: EUR 547 million Adjusted EBITA margin improvement of 180 basis points to 9.1% (2015: 7.3%)  Net income of EUR 185 million (2015: EUR 240 million), including EUR 143 million charges not applicable in 2015 for brand license, separation costs and financial expenses  Free cash flow of EUR 418 million (2015: EUR 632 million) or 5.9% of sales
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2015-04-17

Osram Raises EBITA Margin Outlook for 2015 Due to Favorable Currency Effects

OSRAM Licht AG recorded a continued positive operative earnings development in the second quarter of fiscal 2015. The adjusted EBITA of EUR151 million for the second quarter of fiscal 2015 was positively impacted by favorable currency relations. This results in an adjusted EBITA margin of 10.8%. Based on today’s consultations, the Management Board therefore expects an adjusted EBITA margin of above 9.0% for fiscal 2015.
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Cree LED, a Penguin Solutions brand (Nasdaq: PENG), and Blizzard Lighting LLC (‘Blizzard’) today announced that they have reached a mutually beneficial settlement resolving a patent infringement dispute involving Cree LED’s p... READ MORE

ALLOS Semiconductors of Germany and Ennostar Corporation of Taiwan today announced a strategic partnership to bring 200 mm GaN-on-Si (gallium nitride on silicon) LED epiwafers for microLED applications into volume production. This collaboration r... READ MORE