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OSAGF - OSRAM slides ~11% as the company adjusts Q2 and FY19 guidance due to a weak market
Osram Licht AG
Amid market weakness in the automotive industry, general lighting and mobile devices, German lighting company OSRAM Licht (OTCPK:OSAGF-11.2%) sees Q2 comparable sales decline 15% Y/Y with adjusted EBITDA margin in the mid- to higher single-digit range.
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