UPDATE 1-Germany's Osram hikes outlook on gains from stake sale

Newswire

* Now expects to post 2013 net profit * Previously saw net earnings approaching break-even * Q3 net profit 14 mln eur vs poll avg for 4 mln eur loss (Adds Q3 net profit, background) FRANKFURT, July 31 (Reuters) - German lighting maker Osram Licht AG hiked its 2013 profit outlook, citing a gain from the sale of a stake in a joint venture and quicker than expected progress on its restructuring programme. Osram, spun off from ...

REGISTER NOW

To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!
     

Already registered? here.
Insights

Nov 21, 2016
Video
WardsAuto

2017 Wards 10 Best Engines: Less Is More With Four

Fun-to-drive is a key 10 Best Engines measure when it comes to small-displacement, high-performance four-bangers....More

Newswire

Diesels Power Profit Gains by VW's Lending Unit  

Volkswagen Financial Services cites increased demand for diesel cars in upgrading its projected 2016 profit from €1.92 billion to a record €2.1 billion....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×