Zumtobel Group AG Reports Earnings Results for the Third Quarter and Nine Months Ended January 31, 2024
March 05, 2024
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Zumtobel Group AG reported earnings results for the third quarter and nine months ended January 31, 2024. For the third quarter, the company reported sales was EUR 265.54 million compared to EUR 284.41 million a year ago. Net income was EUR 0.217 million compared to EUR 9.66 million a year ago. Basic earnings per share from continuing operations was EUR 0.01 compared to EUR 0.22 a year ago. Diluted earnings per share from continuing operations was EUR 0.01 compared to EUR 0.22 a year ago.
For the nine months, sales was EUR 839.96 million compared to EUR 912.18 million a year ago. Net income was EUR 21.49 million compared to EUR 43.24 million a year ago. Basic earnings per share from continuing operations was EUR 0.5 compared to EUR 1.01 a year ago. Diluted earnings per share from continuing operations was EUR 0.5 compared to EUR 1.01 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 
