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Zumtobel Group AG (ZUMV.VI)

ZUMV.VI on Vienna Stock Exchange

7.80EUR
10 Dec 2018
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€-0.30 (-3.70%)
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Latest Key Developments (Source: Significant Developments)

Zumtobel Group: Supervisory Board Appoints CEO Alfred Felder Until 2022
Tuesday, 4 Dec 2018 

Dec 4 (Reuters) - ZUMTOBEL GROUP AG ::SUPERVISORY BOARD APPOINTS CEO ALFRED FELDER UNTIL 2022.  Full Article

Zumtobel Says Group Revenues 4.7 Pct Below Prior Year In H1 2018/19
Tuesday, 4 Dec 2018 

Dec 4 (Reuters) - Zumtobel Group AG ::GROUP REVENUES 4.7% BELOW PRIOR YEAR, UK (MINUS 15%) AND NEGATIVE FX EFFECTS (FX ADJUSTED. MINUS 3.2%) REMAIN THE BIGGEST DRAG.COMPONENTS SEGMENT ON PREVIOUS YEAR LEVEL (FX-ADJUSTED PLUS 0.7%) BUT WEAKENING ORDER INTAKE.GROUP ADJUSTED. EBIT INCREASE FROM EUR 20.3 MILLION TO EUR 24.8 MILLION.NET PROFIT AT EUR 8.8 MILLION (PY: EUR 7.7 MILLION).GUIDANCE CONFIRMED - SLIGHT YEAR-ON-YEAR IMPROVEMENT IN ADJUSTED GROUP EBIT.  Full Article

Zumtobel Group Makes Adaptations To Global Production Network Within Restructuring Programme
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - ZUMTOBEL GROUP AG ::CONTINUES RESTRUCTURING PROGRAMME AND MAKES ADAPTATIONS TO THE GLOBAL PRODUCTION NETWORK:.DECIDED TO GRADUALLY ADJUST PRODUCTION VOLUME AND NUMBER OF EMPLOYEES AT COMPONENTS PLANT IN JENNERSDORF, AUSTRIA.PRODUCTION IS EXPECTED TO BE CLOSED DOWN STEP BY STEP BY NOVEMBER 2019.REDUCTION OF STAFF IN PRODUCTION WILL START IN MARCH 2019.  Full Article

Zumtobel Group FY Net Loss At EUR 46.7 Million
Thursday, 28 Jun 2018 

June 28 (Reuters) - Zumtobel Group AG ::PTA-ADHOC: ZUMTOBEL GROUP AG: PROFITABILITY IMPACTED BY REVENUE DECLINES AND INTENSE PRICE COMPETITION.RECORDED A YEAR-ON-YEAR DECLINE OF 8.2% IN REVENUES TO EUR 1,196.5 MILLION FOR 2017/18.NET PROFIT FELL FROM EUR 25.2 MILLION IN PREVIOUS YEAR TO MINUS EUR 46.7 MILLION IN 2017/18.FY GROUP EBIT ADJUSTED FOR SPECIAL EFFECTS TO EUR 19.7 MILLION (2016/17: EUR 72.4 MILLION).NO DISTRIBUTION OF DIVIDENDS IS PLANNED FOR 2017/18 FINANCIAL YEAR.EXPECTS A FURTHER DECLINE IN REVENUES, ESPECIALLY DURING FIRST HALF-YEAR.FOR 2018/19, MANAGEMENT BOARD HAS SET TARGET OF GENERATING A SLIGHT YEAR-ON-YEAR IMPROVEMENT IN ADJUSTED GROUP EBIT.FURTHER NON-RECURRING CHARGES ASSOCIATED WITH STRATEGIC REALIGNMENT ARE HIGHLY PROBABLE IN COMING QUARTERS.ZUMTOBEL GROUP - WILL PRESENT NEW STRATEGY FOR MANAGEMENT OF GROUP AS WELL AS REVISED MEDIUM-TERM OBJECTIVES AT LATEST BY 4 SEPT.  Full Article

Zumtobel says CEO Schumacher offered termination of his contract
Monday, 15 Jan 2018 

Jan 15 (Reuters) - Zumtobel Group AG ::Supervisory board says ‍received a letter from CEO Schumacher in which he states his preparedness to begin discussions over mutual termination of his management board contract if this is desired by supervisory board​.Similar offer from CFO Karin Sonnenmoser was rejected by supervisory board.Says ‍supervisory board expressed its full support in ms. Sonnenmoser and asked her to continue her work for company​.  Full Article

Two members of Zumtobel supervisory board quit
Friday, 22 Dec 2017 

Dec 21 (Reuters) - Zumtobel Group AG ::‍STEPHAN HUTTER, VICE-CHAIRMAN OF SUPERVISORY BOARD, AND HANS PETER METZLER, MEMBER OF SUPERVISORY BOARD, HAVE ANNOUNCED THEIR RESIGNATION AS OF 31 JANUARY 2018​.ZUMTOBEL STATEMENT GIVES NO REASON FOR RESIGNATIONS‍​.  Full Article

Zumtobel Net Result Swings To Loss Of EUR 2.0 Mln In Q2
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - ZUMTOBEL GROUP AG ::Q2 REVENUES 307.3 MILLION EUROS VERSUS 341.6 MILLION EUROS YEAR AGO‍​.Q2 ADJUSTED EBIT 2.1 MILLION EUROS VERSUS 32.0 MILLION EUROS YEAR AGO.Q2 NET LOSS 2.0 MILLION EUROS VERSUS PROFIT 15.0 MILLION EUROS YEAR AGO.OUTLOOK FOR 2017/18: ADJUSTED EBIT OF EUR 50 TO 60 MILLION AND A DECLINE OF ROUGHLY 5% IN REVENUES.  Full Article

Zumtobel Group: 5-Million Euros Order For Zumtobel Group
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - Zumtobel Group Ag ::5-MILLION EUROS ORDER FOR ZUMTOBEL GROUP.ZUMTOBEL GROUP AND ITS BRANDS EQUIP OSLO AIRPORT WITH 21,200 LED LUMINAIRES.ALSO RECENTLY COMMISSIONED WITH RETROFITTING OF EMERGENCY LIGHTING SYSTEMS IN OTHER AREA OF AIRPORT.  Full Article

Zumtobel Group says adjusting forecast for 2017/18 financial year
Thursday, 16 Nov 2017 

Nov 15 (Reuters) - Zumtobel Group AG ::‍PRELIMINARY RESULTS FOR FIRST HALF-YEAR 2017/18​.‍MANAGEMENT BOARD OF ZUMTOBEL GROUP AG IN A MEETING TO ADJUST FORECAST FOR 2017/18 FINANCIAL YEAR​.ZUMTOBEL GROUP AG SAYS ‍BASED ON PRELIMINARY FIGURES, GROUP REVENUES FELL BY 6.4% YEAR-ON-YEAR TO EUR 624.4 MILLION IN FIRST HALF OF 2017/18​.ZUMTOBEL GROUP- BOARD NOW EXPECTS OPERATING RESULTS (ADJUSTED EBIT) OF EUR 50 TO 60 MILLION AND DECLINE OF ABOUT 5% IN REVENUES FOR 2017/18 FINANCIAL YEAR​.  Full Article

Zumtobel Group: ‍bernard Motzko to become COO in February 2018​
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - ZUMTOBEL GROUP AG ::‍BERNARD MOTZKO IS TO BECOME LIGHTING GROUP'S CHIEF OPERATING OFFICER (COO) IN FEBRUARY 2018​.  Full Article

Zumtobel makes full-year loss, sees further revenue decline

June 28 Austrian lighting group Zumtobel said on Thursday it expected its revenues to fall further in the first half of the current financial year, hurt by a decline in its UK operations and pricing pressures in the lighting industry.