Industry giant looks to raise nearly €1 billion in historic separation of lighting business set up by founder Frederik Philips in 1891.
Revenue rises 8.5% to €158.2 million, with defense leading sector growth at 27%.
Analyst BCC Research says growth follows innovation, especially in fiber lasers.
‘Big step forward’ in turnaround strategy hailed by executives, attributed in part to in-house laser development.
Industrial laser firm's order flow impacted by Coherent merger plan but 2.5kW fiber module will arrive sooner than expected.
New Jersey firm expects sales to jump 15% this year as CEO hails 'amazing time' for OLED technology.
Q3 2016 results show net revenue of $230 million – “above mid-point of guidance”.
Official opening of Pflugerville site in Texas includes new innovations laboratory for customer interactions.
Transition from LCD to organic LED displays drives majority of $500M bookings figure posted in latest quarter.
'At least' 25% of the lighting division to be sold off, but timing and pricing details are yet to emerge.
Market reacts negatively to latest results from the fiber laser giant, knocking 15% off stock value.
Dennis Werth lined up for leadership role, with current Newport CEO offered post on the MKS board of directors.
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