BERLIN (dpa-AFX) - OSRAM Licht AG (OSAGF.PK) announced at the Osram Opto Semiconductors Market and Technology Day in Munich that it is very well positioned strategically and financially for the technologies and trends of the future. The company noted that its semiconductor segment, Opto Semiconductors, forms the technological backbone of its strategic development.
Osram Opto Semiconductors expects revenue growth at constant currency levels to be around 10 percent with an adjusted EBITDA margin between 23 and 29 percent from 2020 onwards. For the next fiscal year 2018/19, revenue growth is expected to be 5 to 10 percent with an adjusted EBITDA margin between 22 and 26 percent.
'In the long term, our prospects remain intact, even though we expect Opto Semiconductor to experience some slowdown in the near term due to market influences. In the short term the visibility on market developments is limited,' said Olaf Berlien, CEO of OSRAM Licht.
Copyright RTT News/dpa-AFX
© 2018 AFX News
