Brief: Zumtobel Group 9M Adjusted EBIT At EUR 41 Million

Zumtobel AG

06/03/2025 06:36

March 6 (Reuters) - ZUMTOBEL GROUP AG ZUMV.VI:

9M ADJUSTED EBIT TOTALS EUR 41.0 MILLION (Q1-Q3 2023/24: EUR 45.9 MILLION)

9M REVENUES DECLINE BY -1.4% TO EUR 828.1 MILLION

OUTLOOK: ADJUSTED EBIT MARGIN CONFIRMED; REVENUES EXPECTED TO BE SLIGHTLY BELOW PREVIOUS YEAR

9M POSITIVE NET PROFIT OF EUR 13.0 MILLION (Q1-Q3 2023/24: EUR 21.4 MILLION)

CDTO APPOINTMENT OF MARCUS FRANTZ EXTENDED

NEGATIVE DEVELOPMENT OF REVENUES IN AMERICA & MEA REGION RESULTED MAINLY FROM DECLINING SALES IN USA

NOW EXPECTS REVENUES SLIGHTLY BELOW PRIOR YEAR IN 2024/25 VERSUS SLIGHT REVENUE GROWTH

Source text: ID:nPexvmgk4a

Further company coverage: ZUMV.VI

 (Gdansk Newsroom)

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