This Research Note examines Zumtobel, an Austrian-listed lighting group active worldwide, highlighting their market and brand positioning, 2023/24 financial results, Keyture connected lighting, and SiteWorx acquisition. This analysis is based on their recent 2023/2024 financials, annual report, and investor presentation, published 3rd July 2024. Founded in 1950, Zumtobel Group AG is a supplier of Thorn, Tridonic and Zumtobel core brands, based in Dornbirn, Vorarlberg, Austria. The group operates 10 production plants on three continents, has sales offices and partners in roughly 90 countries, and has a workforce of around 5,300 employees. Market & Brand Positioning Europe is the group’s most important market, accounting for 85% of total revenues. With its established lighting brands, Zumtobel reports a strong position in the fragmented professional lighting market with a share of approximately 7% in Europe. The worldwide components industry, in contrast, is characterized by greater consolidation. With Tridonic, the Zumtobel Group also claims a strong position in lighting […]