21st Austria weekly - ams Osram 07/12/2023 [pic1]Zumtobel: Lightning group Zumtobel presented results for the first half of 2023/24 financial year. The figures show a decline 8.5% in revenues to EUR 574.4 million. After an adjustment foreign exchange effects equalled 6.8%. main underlying reason is ongoing difficult order situation components business: Revenues fell by 22.8% year-on-year 152.1 million Components Segment but declined only marginally 1.5% 454.4 Lighting Segment. EBIT recorded Group consequently dropped from 50.8 previous year 30.9 as result and represents margin 5.4% reporting period 8.1% year. Net profit amounted 21.2 compared with 33.7 2022/23. "Orders business are recovering very slowly customers' warehouses remain well-stocked. pressure on prices high construction branch confronted widespread weakness" explained Alfred