Zumtobel Group Ag Reports Earnings Results for the First Quarter Ended July 31, 2020
September 31, 2020
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Zumtobel Group AG announced earnings results for the first quarter ended July 31, 2020. For the first quarter, the company announced sales was EUR 250.800 million compared to EUR 296.391 million a year ago. Operating income was EUR 7.033 million compared to EUR 15.412 million a year ago. Net income was EUR 2.960 million compared to EUR 10.892 million a year ago. Basic earnings per share from continuing operations was EUR 0.07 compared to EUR 0.25 a year ago.
Zumtobel Group AG is an Austria-based company. The Company is engaged as a provider of lighting solutions, lighting components and the associated services. The Company operates through two segments: Lighting Segment and Components Segment. In the lighting segment, the Company produces hardware and software for lighting systems (LED light sources, LED drivers, sensors and light management). It offer services such as advice on intelligent lighting controls and emergency lighting systems, lighting contracting, design services, project management for turnkey lighting solutions as well as new, data-based services with a focus on connecting buildings and cities using light infrastructure, e.g. Real-time location of goods and people using Bluetooth Doppler direction finding. The Components segment includes industry (including logistics, halls, parking garages), office, education and healthcare (including hospitals, schools and universities) and retail (incl. Supermarkets, furniture stores).
ZUMTOBEL GROUP AG 
