News: Zumtobel AG (ZUMV.VI)

ZUMV.VI on Vienna Stock Exchange

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Wed, Jun 25 2014

UPDATE 2-European recovery, restructuring help lift Zumtobel's sales

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Zumtobel CEO says has not yet found U.S. partner

VIENNA, June 25 - Austrian lighting group Zumtobel has not yet found the right partner for its loss-making U.S. business, Chief Executive Ulrich Schumacher told Reuters on Wednesday.

Zumtobel says has no intention to withdraw from U.S.

VIENNA - Austrian lighting group Zumtobel said it had no intention of withdrawing from the U.S. market and wanted to expand its presence there.

Zumtobel says has no intention to withdraw from US

VIENNA, April 4 - Austrian lighting group Zumtobel said it had no intention of withdrawing from the U.S. market and wanted to expand its presence there.

Zumtobel seeks partner or closure for U.S. business

FRANKFURT, April 2 - Austrian lighting group Zumtobel will have to find a partner for its U.S. operations or shut the business, its chief executive said at an investor presentation in Frankfurt.

Zumtobel says has potential buyers for two plants

FRANKFURT, April 2 - Austrian lighting group Zumtobel has potential buyers for two of its plants, its chief executive told investors at a capital markets day in Frankfurt on Wednesday.

UPDATE 1-Zumtobel slashes jobs to boost margins

* 15-20 mln restructuring costs in Q4, and again in 2014/15

UPDATE 1-Zumtobel reports first sales rise in eight quarters

* 2013/14 sales seen flat or slightly up, EBIT much higher (Adds details, forecast, rivals)

Zumtobel's nine-month profit leaps on cost cuts

VIENNA, March 4 - Austrian lighting group Zumtobel raised its operating profit 46 percent in the first nine months of its fiscal year thanks to cost savings initiated by its new chief executive.

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