Business
Zumtobel : Q1-Q3 2025/26 press release
Zumtobel : Q1-Q3 2025/26 press
About this update from Zumtobel Group Ag
Q1-Q3 2025/26 ZUMTOBEL GROUP PRESENTS RESULTS FOR THE FIRST NINE MONTHS Press Release Dornbirn, 5 March 2026 Group revenues decline by 6.4% to EUR 775 million Adjusted EBIT at EUR 32.2 million (Q1-Q3 2024/25: EUR 41.0 million) Adjusted EBIT margin equals 4.2% (Q1-Q3 2024/25: 4.9%) Positive net profit of EUR 9.0 million after nine months (Q1-Q3 2024/25: EUR 13.0 million) Revised guidance: Adjusted EBIT margin now between 2.5% and 4% (previous: 1-4%) Dornbirn, Austria - The first three quarters of the 2025/26 financial year were influenced by a challenging economic environment. Demand remained below the previous year in nearly all relevant regions for the Zumtobel Group. Ongoing weakness, especially in the non-residential construction sector, and delayed investment decisions had a negative impact on business development. Against this backdrop, the company recorded a decline of 6.4% in revenues to EUR 775.0 million in Q1-Q3 2025/26. Revenues in the Lighting Segment fell by 5.1% year-on-year to EUR 618.6 million (Q1-Q3 2024/25: EUR 652.0 million). Positive impulses from parts of America & MEA and from South and Eastern Europe were unable to offset the generally weaker demand. The difficult climate in the industrial sector was responsible for a decline of 11.7% in revenues for the Components Segment to EUR 200.0 million (Q1-Q3 2024/25: EUR 226.6 million). However, the negative trend eased slightly during the third quarter, and the decline was reduced from the first half year (Lighting Segment: -6.0%, Components Segment: -12.3%). The reporting period brought a reduction in both material and personnel costs. Adjusted development costs fell by EUR 1.7 million to EUR 50.9 million (Q1-Q3 2024/25: EUR 52.6 million) and, as a result, the adjusted gross profit margin rose to 37.3% (Q1-Q3 2024/25: 36.8%). Adjusted selling and administrative expenses (incl. research) improved to EUR -256.6 million, compared with EUR -263.9 million in Q1-Q3 2024/25. "We can now see the first results of our efficiency programme: This steady focus will sustainably strengthen our competitive ability and optimise the structure of our cost basis", explained Alfred Felder, CEO of the Zumtobel Group. Adjusted EBIT recorded by the Zumtobel Group totalled EUR 32.2 million in Q1-Q3 2025/26 (Q1-Q3 2024/25: EUR 41.0 million) and represents an adjusted EBIT margin of 4.2% (Q1-Q3 2024/25: 4.9%). T...