2022-05-06

ams OSRAM continues healthy financial performance with first quarter revenues and operating profitability (adj.) above midpoint of expectation range despite demanding supply chain and market environment

Ad hoc Announcement pursuant to Art. 53 Listing Rules of SIX Swiss Exchange First quarter revenues of EUR 1.25 billion and adjusted EBIT margin of 10.1%, above the midpoint of the guidance range Continuing to deliver portfolio re-alignment with announced sale of automotive lighting systems business established after dissolution of OSRAM Continental joint venture and closing of disposal of horticultural lighting systems business Fluence, on track for further planned disposals Recent Capital Markets Day confirmed revenue growth trajectory based on a m...
Continue reading

Signify, the world leader in lighting, announces that Kwekerij Bolleboom in Bleiswijk and Kwekerij Bazuin in Pijnacker in the Netherlands are investing in Philips GreenPower LED toplighting force elite and Philips GrowWise control for their cu... READ MORE

Cree LED®, a Penguin Solutions brand (Nasdaq: PENG), and Promier Products, Inc. today announced that they have reached a mutually beneficial settlement resolving a patent infringement dispute involving Cree LED’s patents related to L... READ MORE