Zumtobel Group Ag Reports Earnings Results for the Third Quarter and Nine Months Ended January 31, 2019
March 04, 2019
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Zumtobel Group AG reports earnings results for the third quarter and nine months ended January 31, 2019. For the quarter, the company reported revenue of EUR 268.7 million as compared to EUR 283.7 million for the same period last year. LBIT was EUR 12.0 million as compared to EUR 2.2 million for the same period last year.
For the period, the company reported revenue of EUR 863.8 million as compared to EUR 908.1 million for the same period last year. EBIT was EUR 7.2 million as compared to EUR 13.9 million for the same period last year.
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).