Zumtobel Announces Increasing Profits

IndustrialsIndustrial Goods ♦ Published: December 2, 2010; 11:33 ♦ (Vindobona)

Dynamic components business brings Austrian lighting group 60% increase in Profits. Revenues were up by 8%.

Zumtobel Announces Increasing Profits / Picture: © Zumtobel Lighting GmbH

Thanks to the dynamic growth of its professional lighting components business, the Austrian lighting company Zumtobel Group was able to post an 8.0% increase in revenues for the first six months of the current financial year (May - October) to € 615.4m (PY: € 570.1m). This was supported by positive foreign exchange effects in the amount of € 31.0m. Adjusted for these effects,…