On May 8, 2019, shanghai —— Ou Silang announced 2019 money now year newspaper of money of the 2nd quarter. Inside report period, company performance and anticipate consistent, the accrual during arriving in January by March is 862 million euro, drop compared to the same period 13.5% . The EBITDA profit margin after adjusting (the profit margin before interest duty depreciation and amortize) for 8.1% . By March, when publishing preliminary decisive data, ou Silang ever forecasted sale of the 2nd quarter to will drop about 15% , and the EBITDA profit margin after adjusting will be in in inside tall digit limits. This no less than of money newspaper data is forecasted at that time, the abidance that causes the partial reason that the number declines to come from market of car, general illume and mobile equipment among them is fatigued and weak, at the same time this also brought about the whole world especially the inventory level with Chinese higher market. In addition, global economy is at present overall the trend that puts delay also brought constant pressure for business development.
After undertaking adjustment to extraordinary item, the profit before depreciation of EBITDA(interest duty and amortize) for 70 million euro, relatively on year data decreases 56% , at the same time net profit is lose 91 million euro, main by transition cost be caused by. Announce as the place end March, committee of Si Lang management is in Europe to make a response to the development of the market all the time, plan to will save above of 200 million euro before 2021.
Presiding apparitor Olaf Berlien expresses Ou Silang: The history that we are having “ 113 years, meantime experiences a challenge frequently, but every time after harships passes, we become than before more powerful. The long-term strategy that new application is our constant implements in LED domain, photoelectricity semiconductor, car and digital business still also will be place of our centre of gravity. ”
In the 2nd quarter, the sale of photoelectricity semiconductor branch drops with can comparing means to calculate 18.8% . What this reflected global economy not only is fatigued and weak, what also disclosed automobile industry and general illume market is lack of power. In the Asia, expensive stock received a number to bring an influence to battalion further again. Because the anticipation of global automobile industry is reduced, the sale of department of business of Ou Silang car dropped 10.6% . On digital business, as a result of general illume and control equipment business fatigued and weak, sale dropped 8.5% .
The data that no less than published March, the earnings that administrative committee predicts to run business continuously will fall 11% to 14% , the EBITDA profit margin after adjusting predicts to be in about 8% to 10% , and 2019 money year free cash flows to arrive to lose 50 million euro about lose 150 million euro.
Ou Silang of the middle ten days of a month ever announced in Feburary, administrative layer with Bain capital (Bain Capital) He Kailei invests a group (The Carlyle Group) is likely buy matters concerned to undertake negotiating closely. Fulfil his duty to investigate in undertaking continuously, and no less than already communicated to the public, whether can each just come to an agreement to still remain to observe. The discussion that runs committee accords with company profit, also accord with the interest of the other benefit relative such as associate of partner, employee, business and client.
Ou Silang group data of finance affairs of key of the 2nd quarter
(Above is provisional, the data without audit. The unit is “ 1 million euro”, profit margin expresses with per cent, employee number ends to lose a value at was inside; bracket on March 31. Employee number ends to lose a value at was inside; bracket on March 31..
(After 1 extraordinary item is adjusted, the relevant fare that for instance matters concerned and enterprise buy transition cost, major legislation and code. The relevant fare that for instance matters concerned and enterprise buy transition cost, major legislation and code..
The 2nd quarter data of each career ministry
(Above is provisional, the data without audit. The unit is “ ” of 1 million euro, negative worth is inside bracket. Negative worth is inside bracket..