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Zumtobel Group AG (ZUMV.VI)

ZUMV.VI on Vienna Stock Exchange

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Thu, Jun 28 2018

Zumtobel makes full-year loss, sees further revenue decline

June 28 Austrian lighting group Zumtobel said on Thursday it expected its revenues to fall further in the first half of the current financial year, hurt by a decline in its UK operations and pricing pressures in the lighting industry.

BRIEF-Zumtobel Group FY Net Loss At EUR 46.7 Million

* PTA-ADHOC: ZUMTOBEL GROUP AG: PROFITABILITY IMPACTED BY REVENUE DECLINES AND INTENSE PRICE COMPETITION

BRIEF-Zumtobel Group Appoints Thomas Tschol As Chief Financial Officer

* THOMAS TSCHOL WILL TAKE OVER FUNCTION OF CHIEF FINANCIAL OFFICER

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