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| Zumtobel makes dynamic first-quarter progress Austrian lighting equipment maker Zumtobel has made a good start to the 2007/08 financial year with a successful first quarter. Group revenues rose 6.1% to EUR 323.1 million (Q1 2006/07: EUR 304.5 million), while adjusted EBIT increased 10.2% to EUR 33.3 million (PY: EUR 30.2 million). Both corporate divisions contributed to this positive development: while revenues in the luminaire sector moved ahead 4.0% to EUR 235.9 million (PY: EUR 226.8 million), the components sector continued its rapid progress, reporting a 10.1% increase in revenues to a total of EUR 105.0 million (PY: EUR 95.4 million). One particularly rewarding development was the growth of the group's LED business, which advanced 85% to EUR 8.6 million on the back of a major order. write your comments about the article :: © 2007 Construction News :: home page |