Revenue decline of nearly 30 percent less than expected compared to the industry
Free cash flow negative at only 7 million euros
Photonics champion confirms current annual forecast
Changes in the Supervisory Board
Osram mastered the third fiscal quarter better than expected compared to the main sales markets thanks to decisive countermeasures at a global level. Although revenue on a comparable basis fell by 29.4 percent to 606 million euros within a year due to the impact of the Coronavirus crisis, EBITDA before special items was well above expectations with negative 27 million euros. While the Automotive (AM) business unit was, as expected,
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