ZAG adjusted EBIT up 25% as net profit turns positive
ZAG said profitability improved: adjusted EBIT rose 25% and net profit turned positive while revenues stayed stable. The year outlook was confirmed, with stable revenues and an EBIT margin of 3—5% expected.
Profitability improved with adjusted EBIT up 25% and net profit turning positive, despite stable revenues and a challenging market.
The outlook for the year is confirmed, with stable revenues and an EBIT margin of 3—5% expected.Original document: Zumtobel Group AG [ZAG] Earnings Release — Sep.
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