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Lower Profits for Zumtobel
In the first six months of Zumtobel´s financial year, net income was down by 42.3%. Earnings decreased from € 43.6m to € 32.7m.
Lower Profits for Zumtobel / Picture: © Zumtobel Lighting GmbH
“The Zumtobel Group recorded sound business development in the first half of 2012/13 despite an increasingly difficult economic environment. “ the company states. In the period from May to October, the lighting group posted revenues of € 658.1m (prior year [PY]: € 666.8m) – just 1.3% down on the economically more favourable first half of the previous…
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