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What does this mean?
For example., we are planning for a different leverage structure.
But for this reason, we are not making acquisitions. This we only
make, when we regard it as reasonable.
Which debt ratio would be healthy from your point of view?
Presently, we have no leverage effect. But the net financial debt
could be the 2 to 3 fold of our Ebitda.
In the year 2020 this would then be up to 3 billion Euro
corporate debt?
Yes, this would be possible. But this must not be, because this
number itself is not an objective.
The interview was made by
Joachim Herr
.
About the person: From Japan up to into the USA
“I speak German, though, but I think internationally.”: With this
Ingo Bank is presenting himself to the shareholders of OSRAM
at the annual meeting in February 2017. Since September 2016
theman, born at Dusseldorf in 1968, is CFO of theMunich Group
for Light Technology. Before this, he has lived for 20 years in all
parts of the world, as he says – in the USA, the Netherlands,
Hongkong and Japan. For the OSRAM competitor Philips, he
was active in various functions and locations for 18 years.
To think in global and network relationships: This is one of the
targets of hiswork. In the discussionswith investors and analysts,
for him it’s all about reliability, honesty and transparency. In this
area, OSRAM had to improve.
From Börsenzeitung, Frankfurt am Main, Germany, April
14, 2017. Responsible for English translation: GEFIU, the
Association of Chief Financial Officers Germany, translator:
Helmut Schnabel
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