Business
Zumtobel : H1 2025/26 Investor Presentation
Zumtobel : H1 2025/26 Investor
About this update from Zumtobel Group Ag
H1 2025/26 MANAGEMENT PRESENTATION 4 December 2025 1 Photographer: Nina Bröll Haus zum Falken, Zurich, Switzerland APO BANK HQ, Düsseldorf, Germany 2026 Winter Olympic Games Biathlon Arena, Italy 3 PENNY sustainability branch, Weiden am See, Austria Sydney Fish Market, Sydney, Australia H1 2025/26 FINANCIAL OVERVIEW IN EUR MILLION H1 2025/26 H1 2024/25 CHANGE IN % Group revenues 537.6 577.6 -6.9 Lighting Segment revenues 428.7 456.1 -6.0 Components Segment revenues 138.0 157.3 -12.3 Adjusted gross profit 1 202.9 220.3 -7.9 Adjusted EBIT 31.6 41.2 -23.4 Net profit for the period 13.5 18.4 -26.9 1 incl. development H1 2025/26 results 4 EFFICIENCY PROGR TRANSFORMING THE ZUMTOBEL GROUP ORGANISATION BY STREAMLINING Cost savings are ramping up year-on-year EUR 30 - 40 million from 2028/2029 onwards Annual restructuring costs expected in the single-digit million range 5 2025/26 2026/27 2027/28 2028/29 H1 2025/26 results Annual restructuring costs in EUR million SG&A cost savings in EUR million 5 3 key levers Lean organization Streamlined processes Shared Service Center SECURING COMPETITIVENESS THR EFFICIENCY PROGRAMME EXPECTED EUR 50 MILLION IN 202 3 key levers Lean organization Streamlined processes Shared Service Center Cost savings are ramping up year-on-year EUR 40 - 50 million from 2028/2029 onwards Combined expected annual restructuring costs 6 2025/26 2026/27 2027/28 2028/29 H1 2025/26 results Total annual restructuring costs in EUR million SG&A cost savings in EUR million Operations, procurement, and R&D cost savings in EUR million 6 LIGHTING SEGMENT WHILE REVENUES DECLINED, ADJ EBIT WAS POSITIVELY IMPACTED BY LOWER MATERIAL COSTS, LOWER PERSONNEL EXPENSES, AND THE CONTRIBUTION FROM THE RESEARCH SUBSIDY REVENUES IN EUR MILLION ADJUSTED EBIT IN EUR MILLION fx-adj. -7.0% -7.3% fx-adj. -4.4% -5.0% 8.9% 10.2% 20.1 17.8 11.4 11.4 1.9 7.8% 5.4% 5.4% 1.0% 22.3 226.6 210.7 229.5 218.0 195.9 212.0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2024/25 2025/26 2024/25 as a % of revenues 2024/25 2025/26 as a % of revenues 2025/26 COMPONENTS SEGMENT LOWER MATERIAL COSTS AND THE CONTRIBUTION FROM THE RESEARCH SUBSIDY WERE UNABLE TO OFFSET THE DECLINE IN REVENUES REVENUES IN EUR MILLION ADJUSTED EBIT IN EUR MILLION fx-adj. -11.8% -10.4% fx-adj. -12.8% -11.0% 5.9% 1.9% 8.4% 8.4% 3.0% 0.3% 80.3 70.9 77.0 67.2 69.2 72.8 4.7 5.6 1.3 2.1 0.2 6.5 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2024/25 2025/2...