Zumtobel – Q3 2023/24: Zumtobel Group Announces Results for the First Nine Months and Introduces New IoT Product Brand

March 7, 2024
ZUMTOBEL Group AG

  • Revenues decline by 7.9% to EUR 840.0 million (FX-adjusted: –6.6%)
  • Adjusted Group EBIT amounts to EUR 45.9 million (previous year: EUR 68 million)
  • Net profit drops from EUR 43.4 million to EUR 21.4 million
  • Management Board appointments of Thomas Erath (CFO) and Bernard Motzko (COO) extended
  • First public presentation of the new IoT product brand

 

Dornbirn, Austria – The Zumtobel Group recorded a 7.9% decline in revenues to EUR 840 million for the first nine months of the current 2023/24 financial year. 

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