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As of 12 May 2006, ZUMTOBEL AG has been
included in the
prime market of Wiener Börse. The offer price for the ZUMTOBEL share was
set at EUR 20.50. The first price was EUR 20.49.
[» current price information].
The Zumtobel Group of Austria.
Global market leader in the lighting industry.
The Zumtobel Group, based in Dornbirn in the Vorarlberg region of Austria,
is one of the few global players in the lighting industry. The Group has
developed into the European market leader in the field of professional
lighting systems and the no. 2 in the lighting components sector,
providing it with a strong international platform for its future expansion
plans. With its two subgroups, the Zumtobel Group is clearly focused on
its two core areas of expertise in the lighting industry, with the
Zumtobel Lighting Division handling the luminaire sector and the
TridonicAtco Division the components side of the business.
Following decades of organic growth, from 1990 onwards the Zumtobel Group
made significant strides forward through international acquisitions –
including the German luminaire manufacturer Staff in 1993/1994 and the
UK-based Thorn Lighting Group in 2000. These moves firmly established the
Zumtobel AG among the leading international players. Since 2002, the
Group’s management has successfully mastered a challenging economic
environment by implementing a rigorous restructuring programme which has
led to a sustained improvement in profitability. In the opinion of
Zumtobel Group management, the benefits ensuing from the consistent
implementation of the ongoing restructuring programme have yet to be felt
in full. The Group further intends to drive forward a series of process
optimisation measures already introduced, and to pursue sustainable cost
reductions in the production and administration sectors. In parallel with
this efficiency drive, last year management also introduced strategic
initiatives for further growth. The Group's ongoing long-term expansion
strategy is founded on three main pillars of growth: geographical
expansion, new product applications and growth through innovation and
technology. The first nine months of the current financial year clearly
illustrate the success of the Zumtobel Group's growth strategy.
Consolidated sales rose against the prior-year period to EUR 876.3 million.
EBIT increased from EUR 68.8 million to EUR 78.6 million after adjusting
for special effects (such as restructuring measures).
The Group’s success is founded on its three strong, international brands:
Zumtobel and Thorn in the lighting business and TridonicAtco for
components. Along with targeted growth initiatives in new markets and new
fields of application, the Zumtobel Group was also among the early movers
in investing in LEDs, the lighting technology of the future. At Tridonic
Optoelectronics in Jennersdorf, Austria, production of innovative LED
modules began back in 2001, and in 2005 Zumtobel expanded its commitment
to this sector by setting up Lexedis Lighting as a joint venture with
Japanese chip manufacturer Toyoda Gosei, and founding LED applications
specialist Ledon Lighting. Sales companies and partners in more than 70
countries, as well as 24 production plants on four continents ensure the
Zumtobel Group of a truly global presence.
The financial year of the Zumtobel Group commences on May 1 and ends on
April 30. The Group concluded the financial year 2004/05 with over 7,000
employees and consolidated sales of EUR 1,129.2 million.
For more information please visit:
www.zumtobelgroup.com and
www.wienerborse.at
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