Reported Earnings • Jul 19
Full year 2026 earnings released: EPS: €0.029 (vs €0.36 in FY 2025) Full year 2026 results: EPS: €0.029 (down from €0.36 in FY 2025). Revenue: €1.04b (down 5.2% from FY 2025). Net income: €1.22m (down 92% from FY 2025). Profit margin: 0.1% (down from 1.4% in FY 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance. New Risk • Jul 16
New major risk - Revenue and earnings growth Earnings have declined by 30% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 30% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Announcement • Mar 16
Zumtobel Group AG, Annual General Meeting, Sep 25, 2026 Zumtobel Group AG, Annual General Meeting, Sep 25, 2026. Announcement • Jul 25
Zumtobel Group AG announces Annual dividend, payable on October 03, 2025 Zumtobel Group AG announced Annual dividend of EUR 0.1500 per share payable on October 03, 2025, ex-date on September 30, 2025 and record date on October 01, 2025. Announcement • Dec 16
Zumtobel Group AG, Annual General Meeting, Sep 26, 2025 Zumtobel Group AG, Annual General Meeting, Sep 26, 2025. Reported Earnings • Sep 06
First quarter 2025 earnings released: EPS: €0.30 (vs €0.23 in 1Q 2024) First quarter 2025 results: EPS: €0.30 (up from €0.23 in 1Q 2024). Revenue: €289.1m (up 1.2% from 1Q 2024). Net income: €12.9m (up 30% from 1Q 2024). Profit margin: 4.5% (up from 3.5% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 17% per year and the company’s share price has also fallen by 17% per year. Upcoming Dividend • Jul 30
Upcoming dividend of €0.25 per share Eligible shareholders must have bought the stock before 06 August 2024. Payment date: 09 August 2024. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (1.8%). Declared Dividend • Jul 07
Dividend reduced to €0.25 Dividend of €0.25 is 38% lower than last year. Ex-date: 6th August 2024 Payment date: 9th August 2024 Dividend yield will be 4.1%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 1.4% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 36% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 05
Full year 2024 earnings released: EPS: €0.57 (vs €1.38 in FY 2023) Full year 2024 results: EPS: €0.57 (down from €1.38 in FY 2023). Revenue: €1.13b (down 6.8% from FY 2023). Net income: €24.6m (down 59% from FY 2023). Profit margin: 2.2% (down from 4.9% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 10% per year. Announcement • Jul 04
Zumtobel Group AG Proposes Dividend for the Financial Year 2023-24 Zumtobel Group AG Management Board will propose the next annual general meeting a dividend of EUR 0.25 per share, should be distributed for the financial year 2023-24, which now presents then a payout ratio of around 44% of the net profit. Reported Earnings • Mar 10
Third quarter 2024 earnings released: EPS: €0.005 (vs €0.22 in 3Q 2023) Third quarter 2024 results: EPS: €0.005 (down from €0.22 in 3Q 2023). Revenue: €265.5m (down 6.6% from 3Q 2023). Net income: €217.0k (down 98% from 3Q 2023). Profit margin: 0.1% (down from 3.4% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Feb 02
Zumtobel Group AG, Annual General Meeting, Aug 02, 2024 Zumtobel Group AG, Annual General Meeting, Aug 02, 2024, at 10:00 Central European Standard Time. Location: Lichtforum, Höchsterstrasse 8 Dornbirn Austria Reported Earnings • Dec 11
Second quarter 2024 earnings released: EPS: €0.26 (vs €0.53 in 2Q 2023) Second quarter 2024 results: EPS: €0.26 (down from €0.53 in 2Q 2023). Revenue: €288.8m (down 8.0% from 2Q 2023). Net income: €11.3m (down 51% from 2Q 2023). Profit margin: 3.9% (down from 7.2% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Sep 08
First quarter 2024 earnings released: EPS: €0.23 (vs €0.25 in 1Q 2023) First quarter 2024 results: EPS: €0.23 (down from €0.25 in 1Q 2023). Revenue: €285.6m (down 9.0% from 1Q 2023). Net income: €9.94m (down 8.4% from 1Q 2023). Profit margin: 3.5% (in line with 1Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 8.8% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Aug 23
Zumtobel Group AG Revises Earnings Guidance for the Financial Year 2023/24 Zumtobel Group AG revised earnings guidance for the financial year 2023/24. For the period, the company now expects a revenue decline in the mid-single digit (previous guidance: revenue growth of 1% to 4%). Reported Earnings • Jul 01
Full year 2023 earnings released: EPS: €1.38 (vs €1.06 in FY 2022) Full year 2023 results: EPS: €1.38 (up from €1.06 in FY 2022). Revenue: €1.21b (up 5.3% from FY 2022). Net income: €59.5m (up 31% from FY 2022). Profit margin: 4.9% (up from 4.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 8.4% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Dec 11
Second quarter 2023 earnings released: EPS: €0.53 (vs €0.22 in 2Q 2022) Second quarter 2023 results: EPS: €0.53 (up from €0.22 in 2Q 2022). Revenue: €314.1m (up 13% from 2Q 2022). Net income: €22.7m (up 143% from 2Q 2022). Profit margin: 7.2% (up from 3.4% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 9.3% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 08
First quarter 2023 earnings released: EPS: €0.25 (vs €0.31 in 1Q 2022) First quarter 2023 results: EPS: €0.25 (down from €0.31 in 1Q 2022). Revenue: €313.7m (up 8.4% from 1Q 2022). Net income: €10.9m (down 19% from 1Q 2022). Profit margin: 3.5% (down from 4.6% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.0% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jul 26
Upcoming dividend of €0.35 per share Eligible shareholders must have bought the stock before 02 August 2022. Payment date: 05 August 2022. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 5.1%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (1.1%). Reported Earnings • Jul 03
Full year 2022 earnings released: EPS: €1.06 (vs €1.04 in FY 2021) Full year 2022 results: EPS: €1.06 (up from €1.04 in FY 2021). Revenue: €1.15b (up 9.9% from FY 2021). Net income: €45.6m (up 1.5% from FY 2021). Profit margin: 4.0% (down from 4.3% in FY 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 1.6%, compared to a 10.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 10
Third quarter 2022 earnings: Revenues exceed analyst expectations Third quarter 2022 results: Revenue: €279.2m (up 15% from 3Q 2021). Net income: €9.83m (up €8.35m from 3Q 2021). Profit margin: 3.5% (up from 0.6% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 7.2%. Over the next year, revenue is forecast to grow 1.7%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 135% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Dec 10
Second quarter 2022 earnings: EPS in line with expectations, revenues disappoint Second quarter 2022 results: EPS: €0.22 (down from €0.23 in 2Q 2021). Revenue: €278.0m (up 5.1% from 2Q 2021). Net income: €9.37m (down 5.6% from 2Q 2021). Profit margin: 3.4% (down from 3.8% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.0%. Over the next year, revenue is forecast to grow 3.8%, compared to a 13% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 128% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Sep 09
First quarter 2022 earnings released: EPS €0.31 (vs €0.069 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: €289.3m (up 15% from 1Q 2021). Net income: €13.4m (up 353% from 1Q 2021). Profit margin: 4.6% (up from 1.2% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 130% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Executive Departure • Aug 05
CFO & Member of Management Board Thomas Tschol has left the company During their tenure, the company went from making losses to turning a profit. On the 31st of July, Thomas Tschol left the company after 3.3 in the role. We don't have any record of a personal shareholding under Thomas' name. Thomas is the only executive to leave the company over the last 12 months. Upcoming Dividend • Jul 27
Upcoming dividend of €0.20 per share Eligible shareholders must have bought the stock before 03 August 2021. Payment date: 06 August 2021. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.5%). Analyst Estimate Surprise Post Earnings • Dec 09
Revenue misses expectations Revenue missed analyst estimates by 5.0%. Over the next year, revenue is forecast to grow 3.6%, compared to a 16% growth forecast for the Electrical industry in Germany. Reported Earnings • Dec 06
Second quarter 2021 earnings released: EPS €0.23 The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €264.6m (down 14% from 2Q 2020). Net income: €9.93m (down 27% from 2Q 2020). Profit margin: 3.8% (down from 4.4% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Oct 26
New 90-day low: €5.13 The company is down 20% from its price of €6.39 on 28 July 2020. The German market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.96 per share. Is New 90 Day High Low • Sep 22
New 90-day low: €5.80 The company is down 6.0% from its price of €6.20 on 24 June 2020. The German market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €8.40 per share. 
