Zumtobel Group Ag Reports Earnings Results for the Third Quarter Ended January 31, 2021
March 01, 2021
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Zumtobel Group AG announced earnings results for the third quarter ended January 31, 2021. For the third quarter, the company announced sales was EUR 243.740 million compared to EUR 267.287 million a year ago. Operating income was EUR 4.395 million compared to EUR 1.669 million a year ago. Net income was EUR 1.483 million compared to net loss of EUR 2.822 million a year ago. Basic earnings per share from continuing operations was EUR 0.04 compared to basic loss per share from continuing operations of EUR 0.06 a year ago. For the nine months, sales was EUR 759.178 million compared to EUR 871.124 million a year ago. Operating income was EUR 27.342 million compared to EUR 38.328 million a year ago. Net income was EUR 14.371 million compared to EUR 21.672 million a year ago. Basic earnings per share from continuing operations was EUR 0.34 compared to EUR 0.51 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 
