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RSS FeedsFirst half-year of 2018/19: Zumtobel Group improves profitability | Repositioning is progressing
(World News Austria)

 
 

4 december 2018 11:24:13

 
First half-year of 2018/19: Zumtobel Group improves profitability | Repositioning is progressing
(World News Austria)
 


Difficult industry environment leads to decline in revenues by 4.7% to EUR 595.1 million Adjusted Group EBIT rises by 22% to EUR 24.8 million Net profit for the period clearly positive at EUR 8.8 million (+14.3%) Dornbirn, Austria - The first six months of the 2018/19 financial year were marked by strategic milestones for the repositioning of the Zumtobel Group. The continuous ramp-up of our plant in Nis, Serbia, to strengthen the global production network and the ongoing implementation of restructuring, efficiency improvement and cost saving measures represent important steps to improve our profitability over the medium-term. `We are...


 
11 viewsCategory: General > Europe > Austria
 
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