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Austria: Loss in Profits for Zumtobel

Published: September 3, 2013; 10:03 · (Vindobona)

Zumtobel AG 1st Quarter Report (May – July 2013): Zumtobel Group reports substantial improvement in operating earnings.

Austria: Loss in Profits for Zumtobel / Picture: © Zumtobel Lighting GmbH
  • Dynamic growth with LED products continues (+49.7%)
  • First-quarter revenues 4.4% down at EUR 309.3 million (prior year: EUR 323.4 million)
  • Adjusted EBIT rises 40.7% to EUR 17.7 million (prior year: EUR 12.6 million)
  • Adjusted EBIT margin improves to 5.7% (prior year: 3.9%)
  • Exit from magnetics business leads to negative special effects of EUR 6.9…
This article includes a total of 877 words.

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AT0000837307