Osram’s Q3 net profit down 40.1% y/y to USD40.7 million

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Financial results

Company expects revenues to grow between 1% and 3% for full year

Osram has reported a 40.1% year-over-year (y/y) decline in net income to EUR35 million (USD40.7 million) for the third quarter ended 30 June 2018, the Germany-based lighting systems supplier said in a press release yesterday (1 August).

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