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

Strawberries flourish in a Controlled-Environment Agriculture Installation with Horticulture LED lighting provided by Cree LED and RED Horticulture. (Photo courtesy of RED Horticulture) The integration of technology into every aspect of life i... READ MORE

The prior blog titled “Nichia’s contribution to a realization of a mercury-free society” took a short break. However, there was a release about new LED-based water disinfection devices made by Miura Co., Ltd., a Japanese manu... READ MORE