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Austria: Zumtobel Attracted Attention of FMA
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The sudden price slump of 6 % for shares astonishes the authorities. Profits have dropped from € 18.0m to € 9.7m.
Austria: Zumtobel Attracted Attention of FMA / Picture: © Zumtobel Lighting GmbH
Publicly traded company Zumtobel, which is producing LED-lights, has attracted the attention of the financial market authority (FMA) after announcing profit losses for the first nine months in 2012/13 on Tuesday, March 5.
The sudden decrease of value on March 4 while high revenues of 92,818 pieces – three times as high as the previous trading day ‑ were noted, make the…
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