Osram says net income for fiscal year ending September, 2014, rose to EUR193m (US$240m), while revenue increased 1% to EUR5.1bn.

The revenue share of LED-based products and solutions increased to 36% from 29% in fiscal 2013, while in the fourth quarter, it reached 39%.

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EBITA, excluding special items increased almost 10% to EUR449m in fiscal 2014, translating into an EBITA margin of 8.7%.

“We have managed the challenges of fiscal 2014 very well – the majority of our businesses are growing,” said Osram CEO, Wolfgang Dehen. “We were able to further strengthen our technology leadership in many areas thanks to a strong focus on innovation.

“In the traditional lamps and components segment, we reacted promptly to a strong market decline and generated considerable cash.

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“We want our shareholders to benefit from this and plan to distribute a dividend for the first time for fiscal 2014.”

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