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
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Zumtobel AG
See all newsAustria's Zumtobel swings to profit in Q1 as costs fall, reaffirms revenue forecast
Brief: Zumtobel Group Says No Dividend Distribution For 2025/26 Financial Year
Brief: Zumtobel Group 9M Adjusted EBIT At EUR 41 Million
Sicilian Cathedral's stunning mosaics regain golden lustre
Brief: Zumtobel Group Expects Revenue Decline In Mid-Single Digit Range For FY 2023/24