Brief: Zumtobel Group Expects Revenue Decline In Mid-Single Digit Range For FY 2023/24
22/08/2023 19:19
Aug 22 (Reuters) - Zumtobel Group AG ZUMV.VI :
* PTA-ADHOC: ZUMTOBEL GROUP AG: ADJUSTMENT OF REVENUE
GUIDANCE FOR
THE 2023/24 FINANCIAL YEAR – EBIT MARGIN REMAINS UNCHANGED AT 3%
TO 6%
* EXPECTS A REVENUE DECLINE IN MID-SINGLE DIGIT RANGE FOR
2023/24
FINANCIAL YEAR
* GROUP REVENUE DECLINED BY 9.0% TO EUR 285.6 MILLION IN Q1
2023/24 (Q1 2022/23: EUR 313.7 MILLION).
Source text for Eikon: ID:nPexNdktTa
Further company coverage: ZUMV.VI
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