OSRAM Licht AG 2019 AR2
The report highlights OSRAM's ongoing transformation from a lighting manufacturer into a high-tech photonics company during a challenging fiscal year 2019. The company experienced a 13.1% decline in comparable revenue to approximately 3.5 billion euros, primarily driven by downturns in the automotive, general lighting, and mobile device markets. Despite these headwinds, OSRAM achieved a positive free cash flow of 17 million euros and successfully implemented structural cost-saving measures ahead of schedule. Additionally, the company divested its European luminaires business (Siteco) and North American luminaire service business to focus on high-growth future markets.
Company: OSRAM Licht AG
Sector: Industrials
Country: Germany
Year: 2019
Type: AR2
Pages: 199
OSRAM Licht AG
Annual Report
The report highlights OSRAM's ongoing transformation from a lighting manufacturer into a high-tech photonics company during a challenging fiscal year 2019. The company experienced a 13.1% decline in comparable revenue to approximately 3.5 billion euros, primarily driven by downturns in the automotive, general lighting, and mobile device markets. Despite these headwinds, OSRAM achieved a positive free cash flow of 17 million euros and successfully implemented structural cost-saving measures ahead of schedule. Additionally, the company divested its European luminaires business (Siteco) and North American luminaire service business to focus on high-growth future markets.
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Document Details
Report Year
2019
Reporting Period
Oct 1, 2018 - Sep 30, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Women on Board
Women in Management
Workplace Fatalities
Employees