Osram ushered in continued growth in the first quarter of FY 2018 and continued to increase investment

Olaf Berlien, CEO of OSRAM Group, said: Our first quarter performed well. Despite the huge resistance caused by exchange rate effects, we have achieved further growth and maintained high profitability. From the current point of view, we are expected to climb the peak in the second half of this fiscal year. The market has strong and sustained demand for our products, which shows that, according to comparable calculations, revenue for the quarter increased by 5% over the same period of the previous year - the company achieved five consecutive quarters of growth - adjusted after tax depreciation and amortization Profit margins continue to rise, reaching 17% - Data in the first quarter was affected by currency factors and R&D expenses. Olaf Berlien, CEO of OSRAM Group, said: Our first quarter performed well. Despite the huge resistance caused by exchange rate effects, we have achieved further growth and maintained high profitability. From the current point of view, we are expected to climb the peak in the second half of this fiscal year. The market has strong and sustained demand for our products, which shows that our decision to increase production and invest in emerging technologies is correct, and we will seize better opportunities to achieve long-term growth. In the first quarter of fiscal year 2018, OSRAM continued to grow and increased capital expenditures. The market still has a great demand for high-tech products, especially for optoelectronic semiconductor products. Revenue for the quarter reached 1.03 billion euros, an increase of 5% compared to the same period last year. The adjusted EBITDA for special projects reached 172 million euros, which was basically the same as last year. The adjusted EBITDA margin reached 16.7%. Due to the strong growth in operation, the company almost completely offset the negative impact of monetary factors, continue to increase investment in research and development, coupled with the expansion of production scale (such as opening a new plant in Kulim, Malaysia), also increased the company's Capital expenditures. R&D expenses have now reached 9.4% of revenue. OSRAM will continue to operate smoothly in accordance with its development strategy. As previously announced, the fiscal year 2018 will be affected by capital expenditures and monetary factors. Due to the negative impact of recent exchange rate changes, revenue losses in the first quarter exceeded 60 million euros. In order to achieve sustainable profitable growth, OSRAM will continue to invest in its production capacity and future technologies. Product revenue based on new LED-related technologies has accounted for two-thirds of actual revenue. From the business sector, the first quarter data shows that the growth momentum and operation of OSRAM Opto Semiconductors (OS) have not been affected. In the first quarter, the increased cost of increased production reduced profits, which we have foreseen. In order to cater to the high demand for LEDs (especially in general lighting), OSRAM opened a new plant in Kulim, Malaysia in November 2017. The scale of production will expand according to plan and the production capacity will also increase significantly. We are expected to witness the additional capacity brought by the first phase of investment at the end of the fiscal year. Special lighting (SP), which accounts for the largest proportion of revenue, is also affected by the exchange rate. The current status of the global automotive products sector is mixed. The automotive market has not changed since the fourth quarter, and we expect it to continue to grow, but it will be lower than the 2017 fiscal year. However, LED lighting still has a continuous breakthrough, especially in the automotive industry. LEDs will gradually replace traditional lighting technologies in new cars, which will help us in our business strategy. In the field of lighting system solutions (LSS), we have not seen much improvement in the business environment. The construction sector for new industrial and office buildings continues to be sluggish, especially in the North American market. As a result, demand for lighting fixtures, electronic ballasts and related services in this category continues to decline. In the 2018 fiscal year, OSRAM will continue to stand on the ground and look to the future. The company's revenue growth rate is between 5.5% and 7.5%. The adjusted EBITDA for special projects will be around 700 million euros, and will be affected by factors such as currency, the cost of production at the Kulimin plant and the increase in research and development funds, which will increase the cost of hundreds of millions of euros. In the current fiscal year, OSRAM estimates an expected earnings per share of 2.40 to 2.60 euros. Free cash flow is expected to be between -50 million and -150 million euros. The Board of Directors is confident in OSRAM's medium-term development prospects, so it plans to achieve a dividend of at least 1.11 Euro per share for the 2018 fiscal year. In the past three months, the euro exchange rate has been rising, especially against the US dollar. This situation has an impact on OSRAM's key data. The forecast for this fiscal year from November will be based on the exchange rate of 1 Euro at the time equal to 1.18 USD.

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Military Tent air conditioner


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Optional Functions:

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  • HEAT PUMP mode
  • Electric heating
  • High efficiency filter
  • Different supply voltages or frequency


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Spare parts warranty of 24 months

After sales services and maintenance on demand.

Technical Data:

Type Horizontal Vertical Horizontal Vertical Horizontal Vertical Horizontal Horizontal
Cooling capacity kW 7.00 7.00 12.00 12.00 18.00 18.00 40.00 70.00
Heating capacity  kW 7.70 7.70 13.50 13.50 19.50 19.50 45.00 77.00
Electric Heating kW 3.00 3.00 4.00 4.00 6.00 6.00 8.00 15.00
Rated cooling power input W 2550 2550 4150 4150 7000 7000 17500 30200
Rated heating power input W 2650 2650 4450 4450 8500 8500 18500 31400
Rated cooling current input A 12.2A 12.2A 7A 7A 11.7A 11.7A 29.5A 51.1A
Rated heating current input A 12.7A 12.7A 7.5A 7.5A 13.2A 13.2A 31.2A 53.0A
Evaporating side airflow m3h 1000 1000 2000 2000 3000 3000 5500 5500
Condensing side airflow m3h 3500 3500 5000 5000 10000 10000 22000 22000
Air pressure Pa 200 200 200 200 200 200 200 200
Evaporating side Noise dB(A) ≤40   ≤40   ≤45   ≤45   ≤48   ≤48   ≤52   ≤52  
Condensing side Noise dB(A) ≤55   ≤55   ≤60   ≤60   ≤65   ≤65   ≤70   ≤72
Net Weight kg 110 125 180 200 250 260 380 780
Dimension  (L x W x H))  mm 1150×710×820 740*620*1120  1280×930×1000 835*735*1275 1400×1080×980 930*850*1380 2100*1100*1210 2800*2100*1210

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