Mutares blooms: sales jump and record -breaking exit!
Zumtobel is investing 191 million euros in research and development for intelligent light solutions in the next three years.
Mutares blooms: sales jump and record -breaking exit!
The luminaire manufacturer Zumtobel plans to invest a total of 191 million euros in research and development in the next three years. This announcement, which was made on Wednesday, focuses on the development of intelligent light solutions for both indoor and outdoor areas, especially for smart buildings and smart cities. Despite this future -oriented orientation, the company is faced with challenges: the construction economy is weak, which leads to stagnating sales in the first half of 2024/25. Restructuring costs have increased the surgical profit minimally from 40.0 million to 41.2 million euros, while the period profit has dropped from 21.2 million to 18.4 million euros, as ORF Vorarlberg reported.