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Zumtobel Group AG (ZUMV.VI)

ZUMV.VI on Vienna Stock Exchange

6.75EUR
16 Aug 2019
Change (% chg)

€0.20 (+3.05%)
Prev Close
€6.55
Open
€6.60
Day's High
€6.87
Day's Low
€6.56
Volume
15,695
Avg. Vol
43,871
52-wk High
€9.20
52-wk Low
€5.75

Latest Key Developments (Source: Significant Developments)

Zumtobel Group FY Adjusted EBIT At EUR 27.6 Mln
Thursday, 27 Jun 2019 01:31am EDT 

June 27 (Reuters) - ZUMTOBEL GROUP AG ::FY GROUP EBIT ADJUSTED FOR SPECIAL EFFECTS ROSE BY EUR 8.0 MILLION TO EUR 27.6 MILLION IN 2018/19.NEGATIVE SPECIAL EFFECTS OF EUR 25.0 MILLION FROM RESTRUCTURING MEASURES LED TO A LOSS OF EUR 15.2 MILLION FOR 2018/19 FY.GROUP REVENUES TOTALLED EUR 1,162.0 MILLION IN 2018/19 (MINUS 2.9% YEAR-ON-YEAR).FY NET LOSS WAS SUBSTANTIALLY REDUCED IN COMPARISON WITH FY 2017/18 (MINUS EUR 46.7 MILLION).MEDIUM-TERM GOAL CONFIRMED.FOR 2019/20 , EXPECTS SLIGHT INCREASE IN REVENUES AS WELL AS IMPROVEMENT IN ADJUSTED. EBIT MARGIN TO 3% TO 5%.  Full Article

Zumtobel Group 9-month Net Loss Of EUR 6.1 Million
Tuesday, 5 Mar 2019 01:30am EST 

March 5 (Reuters) - Zumtobel Group AG ::FOR THE FULL YEAR OF 2018/19, ADJUSTED GROUP EBIT IS EXPECTED TO IMPROVE SLIGHTLY YEAR-ON-YEAR (FY 2017/18: EUR 19.7 MILLION).MEDIUM-TERM TARGET TO GENERATE AN EBIT MARGIN OF APPROXIMATELY 6% BY THE 2020/21 FINANCIAL YEAR.GROUP EBIT ADJUSTED FOR SPECIAL EFFECTS ROSE TO EUR 23.9 MILLION IN THE FIRST THREE QUARTERS OF 2018/19.GROUP REVENUES EUR 863.8 MILLION IN THE FIRST THREE QUARTERS OF 2018/19.9-MONTH NET LOSS AT MINUS EUR 6.1 MILLION DUE TO NEGATIVE SPECIAL EFFECTS OF EUR 16.8 MILLION.  Full Article

Zumtobel Group Reaches Settlement With Former CEO Ulrich Schumacher
Wednesday, 23 Jan 2019 08:35am EST 

Jan 23 (Reuters) - Zumtobel Group AG ::ZUMTOBEL GROUP REACHES SETTLEMENT WITH FORMER CEO ULRICH SCHUMACHER.WILL PAY DR SCHUMACHER EUR 1.5 MILLION GROSS, WHICH IS APPROXIMATELY ONE THIRD OF REQUESTED EUR 4.4 MILLION.MAJORITY OF THIS AMOUNT IS ATTRIBUTABLE TO REMUNERATION CLAIMS FROM PREVIOUS FINANCIAL YEARS AND HAS ALREADY BEEN ACCRUED.  Full Article

Zumtobel Reaches Agreement With Former Ceo Schumacher
Wednesday, 23 Jan 2019 06:00am EST 

Jan 23 (Reuters) - Zumtobel Group AG ::REACHES AGREEMENT WITH FORMER CEO SCHUMACHER.PAYS 1.5 MILLION EUROS TO SCHUMACHER.SUPERVISORY BOARD WILL MAKE FINAL DECISION ON SETTLEMENT ON FRIDAY.  Full Article

Zumtobel Group Appoints Thomas Tschol As Chief Financial Officer
Thursday, 8 Mar 2018 12:11pm EST 

March 8 (Reuters) - ZUMTOBEL GROUP AG ::THOMAS TSCHOL WILL TAKE OVER FUNCTION OF CHIEF FINANCIAL OFFICER.THOMAS TSCHOL WILL START IN MARCH, IN ORDER TO ACT AS CFO FORMALLY FROM 1 APRIL 2018.  Full Article

Zumtobel CEO says dividend for 2017/18 "rather unlikely"
Tuesday, 6 Mar 2018 05:43am EST 

March 6 (Reuters) - Zumtobel CEO ::Says British market is challenging in both volume and price terms, we see a growing number of project postponements.Says we are very well positioned in Austria, price pressure is more intense in Germany.CEO says it's rather unlikely that there will be a dividend for 2017.  Full Article

Zumtobel CEO leaves today, CFO by end-June
Thursday, 1 Feb 2018 12:01pm EST 

Feb 1 (Reuters) - Zumtobel Group Ag ::‍ZUMTOBEL GROUP AG'S SUPERVISORY BOARD UNANIMOUSLY DECIDED ON A NEW PERSONNEL SETUP OF EXECUTIVE BOARD.​.‍CEO ULRICH SCHUHMACHER WILL LEAVE COMPANY AS OF TODAY (1 FEBRUARY 2018).​.‍UNTIL FURTHER NOTICE ALFRED FELDER WILL TAKE OVER FUNCTION AS ACTING CEO OF EXECUTIVE BOARD IN ADDITION TO HIS FUNCTION AS CHIEF SALES OFFICER.​.‍BY MUTUAL AGREEMENT, CFO KARIN SONNENMOSER WILL LEAVE COMPANY BY END OF JUNE 2018​.  Full Article

Zumtobel Group: CEO Leaves As Of Today, CFO To Leave By End of June
Thursday, 1 Feb 2018 12:00pm EST 

Feb 1 (Reuters) - Zumtobel Group AG ::UNANIMOUSLY DECIDED ON A NEW PERSONNEL SETUP OF EXECUTIVE BOARD.CEO, ULRICH SCHUMACHER, WILL LEAVE COMPANY AS OF TODAY.UNTIL FURTHER NOTICE ALFRED FELDER WILL TAKE OVER FUNCTION AS ACTING CEO.BY MUTUAL AGREEMENT, CFO KARIN SONNENMOSER WILL LEAVE COMPANY BY END OF JUNE 2018.  Full Article

Zumtobel says CEO Schumacher offered termination of his contract
Monday, 15 Jan 2018 03:51am EST 

Jan 15 (Reuters) - Zumtobel Group AG ::Supervisory board says ‍received a letter from CEO Schumacher in which he states his preparedness to begin discussions over mutual termination of his management board contract if this is desired by supervisory board​.Similar offer from CFO Karin Sonnenmoser was rejected by supervisory board.Says ‍supervisory board expressed its full support in ms. Sonnenmoser and asked her to continue her work for company​.  Full Article

Two members of Zumtobel supervisory board quit
Thursday, 21 Dec 2017 02:38pm EST 

Dec 21 (Reuters) - Zumtobel Group AG ::‍STEPHAN HUTTER, VICE-CHAIRMAN OF SUPERVISORY BOARD, AND HANS PETER METZLER, MEMBER OF SUPERVISORY BOARD, HAVE ANNOUNCED THEIR RESIGNATION AS OF 31 JANUARY 2018​.ZUMTOBEL STATEMENT GIVES NO REASON FOR RESIGNATIONS‍​.  Full Article

BRIEF-Zumtobel Group FY Adjusted EBIT At EUR 27.6 Mln

* FY GROUP EBIT ADJUSTED FOR SPECIAL EFFECTS ROSE BY EUR 8.0 MILLION TO EUR 27.6 MILLION IN 2018/19