What was one of the key strategic decisions made by Osram Licht in the third quarter?
Osram Licht Says Cost Cuts, Portfolio Rejig Can Offset Headwinds

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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Selling the luminaires business
Expanding the automotive business
Launching a new product line
Acquiring a new company
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the impact of the stronger euro on Osram Licht's financials?
Negative impact on revenue and EBITA
Increased cash flow
No impact on financials
Positive impact on revenue
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What were some of the factors that led to Osram Licht's profit warnings earlier in the year?
Rising raw material costs
Increased competition in the market
Uncertainties in the automotive market and new emission standards
High employee turnover
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was one of the reasons for the revision of Osram Licht's outlook in June?
Increase in market share
Postponements of bigger projects
Introduction of new products
Decrease in competition
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did the trade conversations impact Osram Licht's business?
Reduction in production costs
Stability in order intake
Increased demand for their products
Uneven order intake and market uncertainties
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Osram Licht's position in the automotive industry?
Tier 1 supplier
Retailer
Tier 2 supplier
OEM
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What measures did Osram Licht take to reassure investors about their future?
Hired more employees
Increased marketing budget
Finalized a bargaining agreement to adjust cost structure
Opened new manufacturing plants
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