Zumtobel Recorded Losses in Third Quarter

Businessn.a. ♦ Published: March 6, 2012; 12:14 ♦ (Vindobona)

Austrian Zumtobel Group recorded a 6.1% increase in revenues to € 964.2m in the first nine months of 2011/12. EBIT decreased substantially.

Zumtobel Recorded Losses in Third Quarter / Picture: © Zumtobel Lighting GmbH

In the first nine months of the 2011/12 financial year the Zumtobel Group recorded a 6.1% increase in revenues to € 964.2m (prior year: 908.9m). At the same time, the development of business differed considerably by segment. The Lighting Segment registered a sound 10.3% increase in revenues to € 712.4m in the first nine months. Developments in the Components Segment business with…