|
contents | business | |||||||||
| Zumtobel Group AG: Report on the first three quarters Zumtobel Group AG made excellent progress during the first three quarters of the current financial year (May 2014 to January 2015): The strategic reorientation and implementation of restructuring measures are generally proceeding as planned. The positive trend in revenues and earnings from the first half-year also continued during the seasonally weak third quarter. Group revenues rose by 4.0% to EUR 962.8 million for the first nine months (prior year: EUR 925.8 million) and by 2.5% (prior year: +1.4%) in the third quarter alone. The Group's innovative and energy-efficient LED lighting and components again served as the most important growth driver. With an increase of 56.6% to EUR 456.8 million (prior year: EUR 291.7 million), the LED share of Group revenues grew from 31.5% in the previous year to 47.4% in the first three quarters of 2014/15. In the third quarter, the Zumtobel Group generated more than half its revenues with LED products for the first time in its history – the LED ratio rose to 53%. write your comments about the article :: © 2015 Construction News :: home page |