Zumtobel

News aus der Elektroindustrie

The Austrian lighting manufacturer has extended the contract with its CEO Dr. Alfred Felder by 3 years until 30.4.2022. Dr. Felder came from Osram (Siemens Group) on November 1, 2012, to the Zumtobel subsidiary Tridonic.

The Austrian lighting manufacturer has extended the contract with its CEO Dr. Alfred Felder by 3 years until 30.4.2022. Dr. Felder came from Osram (Siemens Group) on November 1, 2012, to the Zumtobel subsidiary Tridonic.

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At Zumtobel, where things did not go so well in the past, apart from the difficult phase in which the entire lighting........

At Zumtobel, where things did not go so well in the past, apart from the difficult phase in which the entire lighting........

industry is located, they have discovered a second point for themselves, namely the too extensive management level.

One now wants to be leaner, moving away from an immobile management level that had nearly 50 people, to a compact, powerful, customer-oriented team, which, in addition to the 3-member board, will only comprise another 10 or so people.

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Group sales fell by 3.6% to EUR 973.4 m from May 2016 to January 2017 compared to the previous year (previous year: EUR 1,009.9 m).

Group sales fell by 3.6% to EUR 973.4 m from May 2016 to January 2017 compared to the previous year (previous year: EUR 1,009.9 m).

Sales of LED products continue to develop dynamically, rising by 11.7% to EUR 709.5 m. The LED share of Group sales thus increased within 12 months to 72.9% from 62.9%.

The development in Australia, France, Switzerland and especially the Middle East continues to be weak. In contrast, development in the Benelux & Eastern Europe as well as in Austria, USA and Italy is very pleasing.

The Zumtobel Group employs 6,615 full-time employees worldwide.

Due to the solid development in the first three quarters, the Board now expects an operating result (adjusted EBIT) of approx. EUR 70 m for the full year.

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Zumtobel’s subsidiary Tridonic has a new CEO in Guido van Tartwijk (49).

Zumtobel’s subsidiary Tridonic has a new CEO in Guido van Tartwijk (49).

He succeeds Alfred Felder, who was already appointed to the group’s board in April.
Van Tartwijk was employed at Philips for the last 12 years, most recently as vice-president and director general of Philips LED Electronics.

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With effect from 30th November Zumtobel’s subsidiary Tridonic has sold its signage business to the American company AgiLight Inc.

With effect from 30th November Zumtobel’s subsidiary Tridonic has sold its signage business to the American company AgiLight Inc.

AgiLight is a subsidiary of General LED, which has its headquarters in San Antonio/Texas, and with the takeover of Tridonic’s signage activities it develops into a world market leader in this sector.

The deal shows that Tridonic is concentrating strictly on innovative LED components and systems for general lighting.

Most recently Tridonic generated an annual turnover of nearly EUR 20 m with this division.

Tridonic’s works in Jennersdorf remains and continues to be a supplier of LED components which are further processed into LED chains for advertising  signs.

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The Austrian Zumtobel Group has taken over the LED lamp manufacturer AC/DC LED Holdings Ltd (acdc) from Barrowford, north of Manchester.

The Austrian Zumtobel Group has taken over the LED lamp manufacturer AC/DC LED Holdings Ltd (acdc) from Barrowford, north of Manchester.

acdc is a supplier of architectonic LED facade lighting and lighting solutions for hotels and restaurants. The company has about 120 employees and generated an annual turnover of approx. EUR 17 m in 2014.

As a first step Zumtobel has taken over 60% of the shares in acdc, with the option of topping up the remaining shares.

The long-serving CEO and principal shareholder of acdc, Gareth Frankland, will continue to lead and dynamically develop the company within the Zumtobel Group. acdc will be run as an independent brand and organisationally integrated into the Zumtobel Group as its own flexible unit.

The most important sales markets for acdc are currently its domestic market in Great Britain along with the Middle East, supplemented by a selective market presence in other European countries and the USA.

Thanks to the Zumtobel Group’s global sales organisation further growth potential is now opening up to the acdc brand.

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The positive trend in turnover and results of the first half-year could also be maintained in the seasonally weak 3rd quarter.

The positive trend in turnover and results of the first half-year could also be maintained in the seasonally weak 3rd quarter.

At corporate level, revenues increased by 4.0% in the first nine months of the business year (May 2014  to January 2015) to EUR 962.8 m (prior year: EUR 925.8 m), with growth achieving a 2.5% rise (prior year: + 1.4%) in the 3rd quarter alone.

The most important driver behind the growth was once again the business with energy-efficient LED luminaires and components. With a growth rate of 56.6% to EUR 456.8 m (prior year: EUR 291.7 m) the LED contribution to corporate turnover rose from 31.5% to 47.4% in comparison with the corresponding period of the prior year. In the 3rd quarter the Zumtobel Group generated more than half of its turnover (53%) with LED products for the first time in its history.

Corporate EBIT rose by 21.9% adjusted for special effects in the first 9 months to EUR 51.5 m (prior year: EUR 42.2 m).

Thereby both the lighting business (Zumtobel / Thorn) and the components business (Tridonic) managed to improve on their previous year’s result. The reasons for this are the higher turnover volume and the first positive effects of the adaptation of capacities, the amalgamation of the previously sales organizations of Zumtobel and Thorn and the corporate pooling of purchasing activities.

Net profits could be increased by 28.1% in the first nine months to EUR 15.4 m (prior year: EUR 12.1 m), although the result in the 3rd quarter (– EUR 13.4 m / prior year: – EUR 6.3 m) was especially encumbered by the revaluation of the Swiss franc against the euro.

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