Key Developments: Zumtobel AG (ZUMV.VI)
9.11EUR
17 May 2013
€0.19 (+2.14%)
€8.92
€8.90
€9.11
€8.81
26,978
79,321
€11.48
€7.30
Latest Key Developments (Source: Significant Developments)
Zumtobel AG Confirms FY 2012/2013 Revenues and EBIT Margin Guidance
Zumtobel AG announced that its Management Board has confirmed the previously communicated guidance for the fiscal year 2012/13, which calls for an improvement in Group revenues (revenue for fiscal year 2011/12: EUR 1,280.3 million) and in the adjusted EBIT margin (EBIT margin for fiscal year 2011/12: 2.7%). According to I/B/E/S estimates, analysts on average are expecting the Company to report for the fiscal year 2012/2013 revenue of EUR 1,294.74 million. Full Article
Zumtobel AG to Issue FY 2011/2012 Dividend
Zumtobel AG announced that the Shareholders' Meeting has approved the proposal of the Company's Management Board and Supervisory Board to pay a dividend of EUR 0.20 per share for the 2011/2012 fiscal year. This equates to a payout ratio of around 50% of net income. The dividend will be paid on August 3, 2012. For the fiscal year 2010/2011, the Company issued a dividend of EUR 0.50 per share. Full Article
Zumtobel AG Lowers FY 2011/2012 Guidance
Zumtobel AG announced that it can no longer confirm the previous guidance for the 2011/2012 financial year, which called for an increase of approximately 10% in Group revenues and an adjusted EBIT margin of slightly over 6.4%. The Management Board of the Company expects an increase of substantially less than 10% in revenues and a year-on-year decline in the EBIT margin, in particular due to the Components Segment. In view of macroeconomic developments and the related uncertainty over sales volumes and capacity utilisation, exact guidance on the expected EBIT margin for the full year 2011/2012 cannot be provided at the present time. According to I/B/E/S Estimates, analysts on average are expecting the Company to report fiscal year 2011 revenue of EUR 1,228.20 million and fiscal year 2012 revenue of EUR 1,229.27 million. Full Article
Zumtobel to replace Strabag in top Austrian index
VIENNA, March 5 - Lighting group Zumtobel AG will replace construction company Strabag SE in Austria's blue-chip ATX index as of March 18, the Vienna Stock Exchange said after an index committee meeting on Tuesday. (Reporting by Michael Shields; editing by James Jukwey)
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