Statement from the CEO :
“In the second quarter OSRAM almost doubled its growth compared to prior year, driven especially by strong demand for LED-based products. While we continue to benefit from a robust automotive market, this performance also more than underlines our overall transformation into a technology-growth company.
Thanks to the accelerated sales performance and looking at our order book for the coming quarters, we now expect comparable revenue growth of 7-9% for the full year. The adjusted EBITDA margin should come in between 16.5% and 17.5%, and we aim for a diluted EPS between €2.70 and €2.90.”
Source : OSRAM Licht AG Q2 FY17 Earnings Release (preliminary, unaudited figures) | May 03, 2017