2013-08-02
Osram achieved a good performance in a challenging macroeconomic environment in the third quarter of fiscal 2013. Revenue rose 2% year over year on a comparable basis – excluding portfolio and currency effects – to almost €1.3 billion. Earnings before interest, taxes and amortization (EBITA) amounted to €22 million. The figure includes expenses from special items of €72 million, particularly transformation costs. The adjusted EBITA margin was 7.4% versus 5.8% in the prior-year period, reflecting positive effects of the company reorganization that has...
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