Tough Market Environment Affected Business, Says Osram Licht CFO

The transcript discusses the company's challenges in the automotive and lighting markets, with a significant revenue decline due to weak performance in China. The company is implementing cost-saving measures and remains focused on its long-term strategy in optical semiconductors and digital applications. Concerns about the trade war and its impact on supply chains are highlighted. Talks with partners Carlisle and Bain are ongoing, with no certainty of a deal. The company is also diversifying into horticultural lighting, though automotive remains a major revenue source. There is no backup plan if partnership talks fail, as the company continues its strategic implementation.

What was the percentage decline in the company's revenue in the automotive and general lighting markets?

• 15.5%

• 18.5%

• 13.5%

• 10.5%

Which market is mentioned as having a significant impact on the company's business due to a downturn?

• Brazil

• China

• United States

• India

What is the company's focus in its long-term strategy according to the CEO?

• Healthcare technology

• Optical semiconductors, automotive, and digital applications

• Renewable energy

• Real estate development

What is the expected financial impact if tariffs are increased to 25%?

• 10 million

• 15 million

• 20 million

• 25 million

What new market is the company exploring to diversify its revenue streams?

• Aerospace engineering

• Horticultural lighting

• Pharmaceuticals

• Marine technology