Jenoptik got off to a good start in 2018
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Group revenue grew by 16.0 percent to 189.9 million euros
EBITDA improved by 55.9 percent to 27.7 million euros, EBIT almost doubled to 20.8 million euros
Executive Board confirms 2018 guidance based on current business performance
?We made a good start into the new fiscal year, as planned. Over the first quarter of 2018 we continued the successful business development seen in prior quarters. With growth in all regions, each of our three business segments reported improved earnings,? says Dr. Stefan Traeger, President& CEO of JENOPTIK AG.
Revenue up by 16.0 percent, growth in all regions
Group revenue rose sharply to 189.9& Life Science and Mobility segments thanks to continuing strong demand for optical systems for the semiconductor equipment industry and systems from the Healthcare& Industry area. Scheduled deliveries of toll monitoring pillars in the Traffic Solutions area also significantly contributed to revenue growth. This was reflected in particular in the increase in revenue in Germany. From a regional perspective, Jenoptik grew on all the international markets. Revenue in the two growth regions of the Americas and Asia/Pacific rose to 61.2
EBIT sharply up on the back of good business performance
Earnings before interest, taxes, depreciation and amortization (EBITDA) also increased by 55.9xecutive Board as well as unplanned development costs for the toll monitoring pillar affected the result. The EBIT margin improved from 6.7 to 11.0
Order intake lower than in prior year, solid order backlog and strong financial power
In the reporting period, the Jenoptik Group?s order intake, at 199.2& Civil Systems segment, which contributed to the sharp rise in order figures. At 453
Due to improved earnings and lower capital expenditure than in the prior year, the free cash flow rose to 13.3
Earnings up in all three segments
In the first three months of 2018, the Optics& Life Science segment generated revenue of 68.8& Industry area. Based on this good business development, EBIT improved significantly, by 45.1
In the first three months of 2018, revenue in the Mobility segment grew 31.9
In the first three months, the Defense& Civil Systems segment generated revenue of 49.7 in the further course of the year. The book-to-bill ratio fell to 0.89 from 1.39 in the prior year. The value of the order backlog consequently also declined, by 11.6
2018 guidance confirmed
Following the expected good business performance in the first quarter of 2018, the Executive Board has confirmed its guidance for the current fiscal year. Alongside a current high level of demand from the semiconductor equipment industry, deliveries of toll monitoring pillars will be made mainly in the first half-year 2018. For the full year, the Executive Board is therefore still expecting revenue growth to between 790 and 810
The Interim Report is available in the ?Investors/Reports and Presentations? section of the website. The ?Jenoptik app? can be used to view the Quarterly Report on mobile devices running iOS or Android. Images for download can be found in the Jenoptik image database in the ?Current Events/Financial Reports? gallery.
This announcement can contain forward-looking statements that are based on current expectations and certain assumptions of the management of the Jenoptik Group. A variety of known and unknown risks, uncertainties and other factors can cause the actual results, the financial situation, the development or the performance of the company to be materially different from the announced forward-looking statements. Such factors can be, among others, changes in currency exchange rates and interest rates, the introduction of competing products or the change of the business strategy. The company does not assume any obligation to update such forward-looking statements in the light of future developments.
As globally operating technology group, Jenoptik is active in the three segments Optics & Life Science, Mobility and Defense & Civil Systems. Optical technologies are the very basis of our business with the majority of our products and services being provided to the photonics market. Our key markets primarily include the semiconductor equipment industry, the medical technology, automotive and mechanical engineering, traffic, aviation as well as the security and defense technology industries. Jenoptik has about 3,600 employees and generated revenue of approx. 748 million euros in 2017.
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As globally operating technology group, Jenoptik is active in the three segments Optics&Life Science, Mobility and Defense&Civil Systems. Optical technologies are the very basis of our business with the majority of our products and services being provided to the photonics market. Our key markets primarily include the semiconductor equipment industry, the medical technology, automotive and mechanical engineering, traffic, aviation as well as the security and defense technology industries. Jenoptik has about 3,600 employees and generated revenue of approx. 748 million euros in 2017.
Datum: 09.05.2018 - 02:01 Uhr
Sprache: Deutsch
News-ID 1535773
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