Zumtobel sees no sign of economic tensions easing
VIENNA, June 26
VIENNA, June 26 (Reuters) - Austrian lighting group Zumtobel said on Wednesday it could give no forecast for the current financial year as visibility remained low amid a poor macroeconomic environment.
Zumtobel said it would focus on cost efficiency and strategic brand development during the year to April 2014, and confirmed a 3 percent fall in full-year sales and slight rise in operating profit it reported earlier this month.
(Reporting by Georgina Prodhan)