Year of transition 2018/19 (May 2018 to April 2019): Zumtobel Group improves profitability and reduces net loss
(World News Austria)

Year of transition 2018/19 (May 2018 to April 2019): Zumtobel Group improves profitability and reduces net loss 27.06.2019 Key figures for 2018/19 financial year (compared with previous year): Revenues decline by 2.9% (FX-adjusted minus 2.3%) to EUR 1,162.0 million Increase in revenues during Q4 2018/19 (plus 3.4%), for the first time in 13 quarters Improvement in profitability: Adjusted Group EBIT EUR 27.6 million, return on sales improved from 1.6% to 2.4% Announced target for FY 2018/19 delivered Net loss reduced from EUR 46.7 million to EUR 15.2 million No dividend distribution proposed for the 2018/19 financial year Outlook FY 2019/20: Slight sales growth, further improvement in...