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ZAG - Zumtobel AG News Story

€8.4 0.0  0.0%

Last Trade - 07/05/21

Sector
Industrials
Size
Small Cap
Market Cap £314.9m
Enterprise Value £423.6m
Revenue £885.7m
Position in Universe 562nd / 1051

BRIEF-Zumtobel FY Net Profit Up At EUR 14.5 Million

Thu 25th June, 2020 6:33am
June 25 (Reuters) - ZUMTOBEL GROUP AG  ZUMV.VI :
    * FY ADJUSTED GROUP EBIT NEARLY DOUBLED TO EUR 53.9 MILLION
DESPITE A SLIGHT DECLINE IN REVENUES DUE TO COVID-19 CRISIS.
    * NO CONCRETE GUIDANCE ON THE 2020/21 FINANCIAL YEAR AT THE
PRESENT TIME
    * NET PROFIT ROSE BY NEARLY EUR 30 MILLION TO EUR 14.5
MILLION IN
2019/20 DESPITE NEGATIVE SPECIAL EFFECTS OF EUR 18.8 MILLION
    * DIVIDEND RECOMMENDATION: 10 EURO CENTS PER SHARE
    * COVID-19 LEADS TO REVENUE DECLINE OF 2.6% TO EUR 1,131.3
MILLION
    * FY REVENUE GROWTH OF 1.5% UP TO AND INCLUDING FEBRUARY,
MEANING
FIRST 10 MONTHS OF 2019/20, BUT WORLDWIDE RESTRICTIONS TO
CONTAIN PANDEMIC LED TO A YEAR-ON-YEAR DECLINE OF 2.6% TO EUR
1,131.3 MILLION

Source text for Eikon:  ID:nPexVRTFTa 
Further company coverage:  ZUMV.VI 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))
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