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Lighting Industry
Austria: Loss in Profits for Zumtobel
Zumtobel AG 1st Quarter Report (May – July 2013): Zumtobel Group reports substantial improvement in operating earnings.
September 3, 2013
Zumtobel: CEO Sommerer Resigns
After disputes about a new corporate strategy, the lighing producer sees a change of personnel in the board of managers. Ulrich Schuhmacher is becoming new CEO.
August 23, 2013
Austrian Zumtobel Sells Factory in Australia
Because of abandoning of a business area, Tridonic, affiliate of Austrian light producer Zumtobel, sells its magnetic plant in Melbourne.
August 21, 2013
Zumtobel: New energy management for more efficient operations
Tridonic site in Dornbirn achieves ISO 50001 certification
August 8, 2013
Zumtobel Takes Over Chinese Affiliate
Listed light manufacturer Zumtobel Group has taken over the stakes of joint-venture partner Thorn Lighting Tianjin Limited.
July 29, 2013
Zumtobel to Close Plant in Austria
Tridonic, which is part of listed light manufacturer Zumtobel Group, will close its plant in Fürstenfeld in the province of Styria. 100 employees will lose their jobs.
June 25, 2013
Zumtobel: Factory Expansion Despite JCL Exit
Zumtobel stands by outsourcing of logistics despite JCL exit.
May 14, 2013
Germany: Upgrade and Expansion at Zumtobel Plant in Usingen
Lighting manufacturer invests 1.2 million euros in energy concept and factory hall expansion. Annual energy savings of approx. 25 per cent. EU Green Building certification applied for.
May 2, 2013
Austria: Zumtobel Attracted Attention of FMA
The sudden price slump of 6 % for shares astonishes the authorities. Profits have dropped from € 18.0m to € 9.7m.
March 6, 2013
Austria: Zumtobel Shows Profit Shrinkage and Faces Structural Measures
Group revenues fade by 1.8% to EUR 946.5 million (prior year: EUR 964.2 million) while adjusted EBIT totals EUR 29.5 million (adj. EBIT margin: 3.1%; prior year: 3.5%). Adj. EBIT is higher in Q3 than in prior year due to structural adjustment measures.
March 5, 2013
Lower Profits for Zumtobel
In the first six months of Zumtobel´s financial year, net income was down by 42.3%. Earnings decreased from € 43.6m to € 32.7m.
December 5, 2012
Profit Decrease at Zumtobel
In the first six months of 2012, revenues of the Austrian lighting company were down by 0.9%. Net income fell from € 13.7m to € 9m, earnings decreased by 30%.
September 5, 2012
Zumtobel: Dividend of € 0.20
The actions of Management Board and Supervisory Board of the Austrian lighting cokmpany in 2011/12 were ratified. A dividend of EUR 0.20 per share was approved by the Shareholders' Meeting.
July 30, 2012
Zumtobel Group Strengthens its Presence in China
The Austrian lighting company announces that the newly built factory was opened in Tianjin, China, for road and tunnel lighting. R&D activities in China will be expanded.
July 12, 2012
Zumtobel Records Drastic Profit Cut
The Austrian lighting company announced ist fourth quarters results today. Consolidated revenues were up by 4.2% at € 1,280.3m (2010/11: € 1.228.2m). Zumtobel´s Profit for the year was 68.9% below previous year at € 16.0m.
June 27, 2012
Zumtobel: Weaker Results Ahead
The Austrian lighting company will present ist fourth quarter results of 2011/12 tomorrow. Zumtobel´s net income is anticipated to decrease substantially.
June 26, 2012
Zumtobel Expands LED Production
Tridonic, the Zumtobel Group’s lighting components brand, is expanding its production capacity for LED modules.
June 4, 2012
Zumtobel „Lights up“ Euro 2012
After its completed orders in Poland and in the Ukraine, Austrian lighting company expects to attain new orders in Eastern Europe.
June 1, 2012
Zumtobel Expects Difficult Financial Year
Harald Sommerer, CEO oft he Austrian lighting company Zumtobel awaits a difficult financial year 2012/13.
June 1, 2012
Zumtobel Won Multi-million Contract in Vienna
The Zumtobel brand has succeeded in winning another multi-million contract in the Austrian capital.
May 24, 2012
Zumtobel Introduces Global Management for all Production Plants
As part of its growth strategy, the Zumtobel Group is placing all Zumtobel brand production plants under uniform global management.
March 28, 2012
Zumtobel Recorded Losses in Third Quarter
Austrian Zumtobel Group recorded a 6.1% increase in revenues to € 964.2m in the first nine months of 2011/12. EBIT decreased substantially.
March 6, 2012
Zumtobel Registers Profits Decrease
The Austrian light technology company reports an increase in revenues by 8.4% in the first half year. EBIT was down by 10.1%
December 6, 2011
Zumtobel Group Refinances Loan Agreement to 2016
The Vorarlberg-based lighting company and seven banks signed an agreement that will replace an existing syndicated facility of € 480m.
November 17, 2011
Zumtobel Invests in New Production Facilities
The Austrian lighting company expands its capacities as part of the company’s global growth strategy. Internal plans for up to 200 new jobs by 2020.
October 11, 2011
Slight Decrease in Profits for Zumtobel
The Austrian lighting company reports rising revenues in the first quarter 2011. Profits are declining.
September 6, 2011
Zumtobel Achieved Turnaround
The Austrian lighting company announced strong results. Revenues increased by 10.2%. Net profit for the year is firmly back in the black at € 51.3m.
June 27, 2011
Zumtobel: New Light Center in Dubai
The lighting company based in Vorarlberg, Austria, is multiplying its competences in the Middle East. The Dubai Light Center aims to present realistic solutions for professional interior lighting.
March 8, 2011
Zumtobel: Earnings Doubled
The Austrian lighting company announced its results for the first nine months of 2010/11. EBIT rose by 66%.
March 8, 2011
Cooperation Between Korean LG and Austrian Zumtobel
LG Innotek and Zumtobel Group conclude LED cooperation agreement.
December 15, 2010
Zumtobel Announces Increasing Profits
Dynamic components business brings Austrian lighting group 60% increase in Profits. Revenues were up by 8%.
December 2, 2010
Zumtobel Closes Loss-Making Plant Space Cannon in Italy
Zumtobel, the shareholder of the company Space Cannon VH SRL, based in Fubine (Piedmont), a specialist in façade and event lighting and a member of the Zumtobel Group, has filed for liquidation.
October 7, 2010
Zumtobel Opened Light Center in Shanghai
More than 120 architects, designers and business partners enjoyed the Zumtobel opening gala for the new Light Center in Shanghai.
October 7, 2010
Zizala to spend EUR 15 million for plant development
Zizala Lichtsysteme GmbH, Wieselburg, Lower Austria invested some EUR 15 million in the development of its plant in Scheibbs, in a bid to raise its production capacity.
September 20, 2010
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