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Dornbirn (pta009/08.03.2022/07:30) - The Zumtobel Group continued its good first half-year performance during the third quarter. Group revenues rose by 11.5% to EUR 846.6 million in the first three quarters of the 2021/22 financial year (Q1-Q3 2020/21: EUR 759.2 million), after foreign exchange adjustments the increase equalled 10.3%. The improvement in EBIT after three quarters was even more visible: At EUR 52.2 million, it substantially exceeded the previous year’s figure of EUR 27.3 million. Net profit for the first nine months of 2021/22 more than doubled year-on-year to EUR 32.7 million (Q1-Q3 2020/21: EUR 14.9 million).
10 attractive stocks to watch for in Electric Vehicle industry
Electric Vehicle Stocks India: Electric vehicles are gaining widespread recognition in India. Alarming rates of emission and skyrocketing fuel prices are driving the adoption of electric vehicles among the masses and therefore EV stocks are the hottest trend. Finding the one to ride the trend could be a daunting task as several companies have yielded great wealth and their valuations have increased manifolds. When it comes to EVs, it is not only the carmaker but the industry that is composed of companies focused on its components. Therefore, it is advisable to play the EV trend by buying the partnership in the companies involved in the supply chain. It could be a company doing business in making lithium batteries, charging stations, related parts, and more. Parking your funds wisely in such companies could deliver a handsome return as the industry is quite young and growing rapidly.