Zumtobel Expects Difficult Financial Year

People ♦ Published: June 1, 2012; 13:27 ♦ (Vindobona)

Harald Sommerer, CEO oft he Austrian lighting company Zumtobel awaits a difficult financial year 2012/13.

Zumtobel Expects Difficult Financial Year / Picture: © Vindobona.org

The Vienna-listed lighting company Zumtobel closed ist last financial year in April. In the end of June, the results weill be presented. Sommerer: „The operating result will be positive.“ In the first nine months of 2011/12, revenues were up by 6.1% to € 964.2m. The operating result slumped to € 34.1m after € 64.4m in the reference period.

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