OSRAM Licht AG provided preliminary earnings guidance for the first quarter of 2016. The company expects a comparable growth of 0.4% to EUR 1.477 billion for the first quarter as well as a year-on-year improvement in the adjusted EBITA margin by 100 bps to 11.8%.

The company raised earnings guidance for 2016. Due to the promising first quarter results, the company now expects an adjusted EBITA margin for the full year of 2016 of more than 8%.