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  • Article / 28 May 2014 at 8:00 GMT

    Equity on the move: Osram Licht opens down 10% on revenue cut

    Head of Equity Strategy / Saxo Bank
    Denmark
    Equity on the move: Osram Licht opens down 10% on revenue cut
    Siemens spin-off Osram Licht has been something of a market darling, but today's cut in revenue forecast has sent the shares down sharply in early trading. Nevertheles, given the very attractive valuation and margin expansion investment case, we see today's plunge as a great opportunity to get exposure to the stock.
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