Slight Decrease in Profits for Zumtobel

Published: September 6, 2011; 09:38 · (Vindobona)

The Austrian lighting company reports rising revenues in the first quarter 2011. Profits are declining.

Slight Decrease in Profits for Zumtobel / Picture: © Flickr

The Zumtobel Group closed its books on the first quarter of the 2011/12 financial year (1 May to 31 July, 2011) with revenues of € 326.3 m. That represents an increase of 9.3% over a relatively weak first quarter of the previous year. Growth was again supported by the trend towards energy efficient lighting systems and the increased uptake of innovative LED technology. Adjusted for…

This article includes a total of 844 words.

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