June 27, 2019 / 5:55 AM / 3 months ago

BRIEF-Zumtobel Group FY Adjusted EBIT At EUR 27.6 Mln

June 27 (Reuters) - ZUMTOBEL GROUP AG:

* FY GROUP EBIT ADJUSTED FOR SPECIAL EFFECTS ROSE BY EUR 8.0 MILLION TO EUR 27.6 MILLION IN 2018/19

* NEGATIVE SPECIAL EFFECTS OF EUR 25.0 MILLION FROM RESTRUCTURING MEASURES LED TO A LOSS OF EUR 15.2 MILLION FOR 2018/19 FY

* GROUP REVENUES TOTALLED EUR 1,162.0 MILLION IN 2018/19 (MINUS 2.9% YEAR-ON-YEAR)

* FY NET LOSS WAS SUBSTANTIALLY REDUCED IN COMPARISON WITH FY 2017/18 (MINUS EUR 46.7 MILLION)

* MEDIUM-TERM GOAL CONFIRMED

* FOR 2019/20 , EXPECTS SLIGHT INCREASE IN REVENUES AS WELL AS IMPROVEMENT IN ADJUSTED. EBIT MARGIN TO 3% TO 5% Source text for Eikon: Further company coverage: (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below