Zumtobel Group Ag Reports Earnings Results for the Full Year Ended April 30, 2019
June 13, 2019
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Zumtobel Group AG announced earnings results for the full year ended April 30, 2019. For the full year, the company announced sales was EUR 1,162.017 million compared to EUR 1,196.516 million a year ago. Operating income was EUR 2.670 million compared to operating loss of EUR 7.296 million a year ago. Net loss was EUR 15.267 million compared to EUR 46.690 million a year ago. Basic loss per share was EUR 0.35 compared to EUR 1.08 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).