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Zumtobel Group AG (ZUMV.VI)

ZUMV.VI on Vienna Stock Exchange

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16 Oct 2018
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Tue, Sep 4 2018

BRIEF-Zumtobel Group Q1 Net Profit Down At EUR 2.8 Million

* Q1 NET PROFIT OF EUR 2.8 MILLION (PREVIOUS YEAR: EUR 9.7 MILLION)

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

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