The EBIT margin increased from 2.4 percent to 4.8 percent. Adjusted Group EBIT almost doubled to 53.9 million euros despite a slight decline in revenues due to the global COVID-19 pandemic.
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On 25 June 2020 the Zumtobel Group announced the figures for the 2019/20 financial year: net profit for the year rose by 30 million euros to a plus of 14.5 million euros. Group EBIT, adjusted for one-off effects, rose by 8 million euros to 27.6 million euros. Profitability also increased compared to the previous year. The operating result (EBIT) improved from minus 7.3 million to 2.7 million euros. As a result of uncertainties related to Brexit and price pressure caused by intense competition in the lighting industry, revenue declined by 2.9 percent to 1.162 billion euros. In 2018/19, the Zumtobel Group significantly reduced the net loss from 46.7 to 15.2 million euros. Revenue declined by 8 percent and the share of LEDs in revenue increased from 73.6 to 79.6 percent. The prize was worth 140,000 euros in 2012, 150,000 euros in 2017 and 120,000 euros in 2021.In the financial year from May 2017 to April 2018, the company recorded a loss of 46.7 million euros due to pricing pressure and currency effects and did not pay out a dividend for this period. The Group operates 10 production facilities on three continents as well as sales and/or partner companies in nearly 90 countries.Since 2007, the group has presented the Zumtobel Group Award (long name Zumtobel Group Award – Innovations for Sustainability and Humanity in the Built Environment) to architects and engineers every two years.
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The company is a European market leader for professional lighting systems and the number two for lighting components in Europe.
Zumtobel engages in the development, production and sales of lighting, luminaires, lighting management and lighting components for indoor and outdoor applications.
more The Zumtobel Group is an Austrian company specialising in lighting headquartered in Dornbirn. Zumtobel engages in the development, production and sales of lighting, luminaires, lighting management and lighting components for indoor and outdoor application.
The Zumtobel Group is an Austrian company specialising in lighting headquartered in Dornbirn.
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