Zumtobel Group  The Zumtobel Group is an Austrian company specialising in lighting technology headquartered in Dornbirn. Zumtobel engages in the development, production and sales of lighting technology and offers lighting solutions, luminaires, lighting management and lighting components for indoor and outdoor applications. The company is a European market leader for professional lighting systems and the number two for lighting components in Europe. The Group operates 13 production facilities in Europe, Asia, North America and Australia as well as sales companies and partner companies in more than 90 countries. Since 2007, the group has presented the "Zumtobel Group Award" (long name "") to architects and engineers every two years. The prize was worth 140,000 euros in 2012 and 150,000 euros in 2017. In the financial year from May 2017 to April 2018, the company recorded a loss of 46.7 million euros due to pricing pressure and currency effects and did not pay out a dividend for this period. Revenue declined by 8 percent and the share of LEDs in revenue increased from 73.6 to 79.6 percent. In 2018/19, the Zumtobel Group significantly reduced the net loss from 46.7 to 15.2 million euros. As a result of uncertainties related to Brexit and price pressure caused by intense competition in the lighting industry, revenue declined by 2.9 percent to 1.162 billion euros. The operating result (EBIT) improved from minus 7.3 million to 2.7 million euros. Profitability also increased compared to the previous year. Group EBIT, adjusted for one-off effects, rose by 8 million euros to 27.6 million euros. Return on sales improved to 2.4 percent. On 25 June 2020 the Zumtobel Group announced the figures for the 2019/20 financial year: net profit for the year rose by 30 million euros to a plus of 14.5 million euros. Adjusted Group EBIT almost doubled to 53.9 million euros despite a slight decline in revenues due to the global Covid-19 pandemic. The EBIT margin increased from 2.4 percent to 4.8 percent. Walter Zumtobel (1907–1990) was one of roughly 300 so-called sequestrators in allied-occupied Austria who administered previously German-owned property in Vorarlberg, initially on behalf of the French military government, then based on an administrative law of the Federal Government of Austria. These properties included Michel-Werke in Bregenz and Hard as well as "Werkzeugbau Arbeitsgemeinschaft Lustenau" in Lustenau and "Feinmechanische Werkstätte Josef Maurer" in Wolfurt.