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Zumtobel: Analysts Expect Decline in Results

Published: December 3, 2011; 15:22 · (Vindobona)

The Austrian lighting manufacturer will record a decline in profits, but a rise in sales, analysts state.

Zumtobel: Analysts Expect Decline in Results / Picture: © Zumtobel Lighting GmbH

On Tuesday, Zumtobel presents its figures for the second quarter of 2011/12. The lighting manufacturer suffers from the impact in the component segment. Sales are expected to increase, but earning will go down, Erste Group and Berenberg Bank say. The average sales figure amounts to € 340m, which is about 7.6% above the previous year´s level.

The average EBIT forecast is…

This article includes a total of 120 words.

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