2015 development plan exposure OSRAM will enlarge recruit

OSRAM released a number of announcements during the annual meeting to demonstrate its progress on the basis of the relevant financial. It is reported that the company will invest in an important new control technology, plans to pay dividends, will enjoy a more favorable debt financing. In addition, the company's chief executive officer Olaf Berlien also proposed a special LED solid state lighting (SSL) project plan for the Munich Museum in germany.

Olaf Berlien

Berlien told shareholders at the annual meeting that the company will promote new technologies and innovation through the use of selective incentives and investments. He also said that the board has decided to draw a budget of 10 million euros to support projects such as Lightify.

LIGHTIFY is a solid-state lighting control system introduced by OSRAM at the 2014 Frankfurt architectural lighting exhibition, including alternative light sources, lamps and special control products. Then earlier this year at the consumer electronics show launched a variety of Lightify series products.

OSRAM also said that in 2015 the fiscal year plan to pay a dividend of 0.90 euros, if the program was approved by shareholders, the expenditure will reach half of the company's net income.

In addition, OSRAM announced that the company's debt financing structure has been optimized. The company has extended the validity of the revolving credit line of 950 million euros for a period of up to 2 years. At the same time, the company has received 200 million euros of loans from the European investment bank.

"This means that creditors are confident of OSRAM's performance," said Patzak, OSRAM's chief financial officer, Klaus. "In the next few years, we have a financial protection, regardless of the capital market conditions, are able to selectively flexible use of funds. "

OSRAM has also announced plans to provide dynamic, color solid lighting for the German museum's exterior wall this summer. Above is the lighting effect diagram. OSRAM subsidiary Clay Paky will provide solid state lighting and control products. (compile / China LED network Nicole)

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