OSRAM reports 3.8% y/y drop in revenue to USD1 billion for Q1 2021

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M&A

Plans sale of business in electronics and ballasts

German lighting major OSRAM Licht AG has reported a 3.8% year-on-year (y/y) drop in revenues to EUR840 million (about USD1 billion) for the first quarter ended 31 December 2021, according to a company press release on 9 February

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