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Zumtobel Group AG (ZUMV.VI)

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Wed, Jun 22 2016

BRIEF-Zumtobel FY 2015/16 revenues up 3.3 pct at 1.36 billion euros

* FY adjusted group EBIT declines 11.7 pct to 58.7 million euros ($66.07 million)

BRIEF-Zumtobel plans to close production plant in Usingen, Germany

* Including planned closure of production plant in Usingen, restructuring expenses of Zumtobel Group for entire 2015/16 financial year now total approximately 35 million euros ($39.72 million)

BRIEF-Zumtobel Group adjusts FY 2015/16 forecast

* Said on Thursday adjusted forecast for the current financial year

BRIEF-Zumtobel unit reaches settlement with AOC on LEDs

* Tridonic Jennersdorf GmbH, a subsidiary of Tridonic GmbH & Co KG, Dornbirn and therefore part of the Zumtobel Group, has entered into a settlement agreement with the AOC International (Europe) B.V. and AOC International (Europe) GmbH for the use of silicate-based white LEDs

BRIEF-Zumtobel unit reaches LED patent license deal with Panasonic

* Panasonic Corporation, Japan, Panasonic Lighting Europe GmbH, Germany and Tridonic GmbH & Co KG, a leading manufacturer of lighting components and part of the Zumtobel Group of Austria, today announced that they have entered into a patent license agreement

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