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Thursday, September 19, 2013 5:50:43 PM
FRANKFURT: German lighting maker Osram Licht expects its financial results to improve next year, partly because of a reduction in restructuring costs, a German newspaper said on Saturday, citing its finance director.
"The results should rise further in 2014. The burdens from restructuring will be reduced to around 100 million euros ($132.59 million) while we expect to make further progress in cost savings," he told Frankfurter Allgemeine Sonntagszeitung.
Source: Reuters
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