Osram Licht Says Cost Cuts, Portfolio Rejig Can Offset Headwinds

The transcript discusses Osram Licht's Q3 earnings, which slightly exceeded consensus despite challenges in general lighting and industry sectors. The company faced profit warnings earlier in the year due to market uncertainties, including auto industry issues and new emission standards. Strategic decisions, such as selling the luminaires business, aim to improve profitability. The company is monitoring trade impacts and order delays, particularly in the auto sector, and has taken cost measures to reassure investors.

How did the strength of the euro impact Osram Licht's financial performance?

What is the outlook for Osram Licht for the remainder of the year based on the CFO's statements?

What measures is Osram Licht taking to reassure investors about their future performance?