January 24, 2018 / 8:06 PM / 6 months ago

BRIEF-Zumtobel Group Sees Adjusted Ebit Of Euro 15 Mln To 25 Mln For 2017/18 ​

Jan 24 (Reuters) - Zumtobel Group Ag:

* ADJUSTMENT OF FORECAST FOR 2017/18 FINANCIAL YEAR

* ‍GENERAL DEVELOPMENT OF PROFESSIONAL LIGHTING INDUSTRY HAS ALSO REMAINED BELOW EXPECTATIONS THROUGHOUT Q3​

* ZUMTOBEL GROUP - ‍MANAGEMENT BOARD NOW EXPECTS ADJUSTED EBIT OF EUR 15 TO 25 MILLION BASED ON A DECLINE IN REVENUES OF APPROXIMATELY 8% FOR 2017/18 FY​

* SAYS BUSINESS HAS BEEN NEGATIVELY AFFECTED, ABOVE ALL, BY A SHARP DROP IN REVENUES IN GREAT BRITAIN Source text for Eikon: Further company coverage:

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