2013-09-14

Zumbotel Reports LED Revenues Surge 49.7% in 1Q13

In the first quarter of the current financial year (May-July 2013) the Zumtobel Group posted a further improvement in operating earnings despite a moderate downturn in revenues. In what was still a difficult economic environment, the group’s revenue fell by 4.4% year-on-year to EUR 309.3 million (US$ 411.59 million) in 1Q13. Revenues from the sale of innovative LED products continued their progress, totaling EUR 89.3 million in the first three months. This equates to an increase of 49.7% and the LED share of Group revenues now stands at 28.9% (prior year: 18.4%). This confirms the Zumtobel Group’s strategic decision to invest in the expansion of an innovative product portfolio, despite the difficult business environment.
Continue reading
Imagine driving down a winding road at dusk, the sky painted in hues of orange and pink. As you approach a curve, the sleek lines of a modern automobile catch your eye. Its design is unmistakable, a blend of retro charm and futuristic elegance... READ MORE

In recent years, the LED display industry has experienced rapid growth, driving fierce market competition. While domestic price wars have intensified, Kinglight has maintained steady progress by relying on its strong technological expertise an... READ MORE