Business
Zumtobel : FY 2024/25 press release
Zumtobel : FY 2024/25 press

About this update from Zumtobel Group Ag
[{"type":"text","content":"\n \n \n Press release Dornbirn, 24 July 2025\n \n \n \n Dornbirn, Austria - The 2024/25 financial year was a difficult year in the context of global crises and a weak economy: Group revenues fell by 2.6% to EUR 1,097.2 million, and by 3.0% after an adjustment for foreign exchange effects. In the Components Segment, business stabilised year-on-year at EUR 299.3 million (2023/24: EUR 299.4 million). The Lighting Segment, in contrast, recorded a decline of 2.8% to EUR 864.0 million. Adjusted operating EBIT totalled EUR 46.9 million (2023/24: EUR 57.3 million), and the adjusted EBIT margin equalled 4.3% which is exactly within the projected range of 3% to 6%. Net profit after taxes and duties amounted to EUR 15.5 million (2023/24: EUR 24.7 million).\n \n \n \n 2024/25 FINANCIAL YEAR\n \n \n \n SLIGHT DECLINE IN REVENUES / ADJUSTED EBIT MARGIN IN LINE WITH FORECAST\n \n \n \n \n Press release Dornbirn, 24 July 2025\n \n \n Revenues slightly lower year-on-year with a decline of 2.6%\n \n \n Adjusted Group EBIT totals EUR 46.9 million\n \n \n Adjusted EBIT margin in the middle of the projected range at 4.3%\n \n \n Net profit equals EUR 15.5 million\n \n \n Dividend recommendation: 15 euro cents per share\n \n \n \n Dornbirn, Austria - The 2024/25 financial year was a difficult year in the context of global crises and a weak economy: Group revenues fell by 2.6% to EUR 1,097.2 million, and by 3.0% after an adjustment for foreign exchange effects. In the Components Segment, business stabilised year-on-year at EUR 299.3 million (2023/24: EUR 299.4 million). The Lighting Segment, in contrast, recorded a decline of 2.8% to EUR 864.0 million. Adjusted operating EBIT totalled EUR 46.9 million (2023/24: EUR 57.3 million), and the adjusted EBIT margin equalled 4.3% which is exactly within the projected range of 3% to 6%. Net profit after taxes and duties amounted to EUR 15.5 million (2023/24: EUR 24.7 million).\n \n \n \n \"The demand for new construction in Europe was, and still is, very weak,\" commented Alfred Felder, CEO of the Zumtobel Group. \"Business development has also been slowed by extended decision processes due to the declining readiness to invest and an increase in project postponements by customers. These factors have made the market environment for our company very challenging.\"\n \n \n \n Differing revenue trends in the regi...