Jenoptik Group revenue rose sharply in the first quarter
“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.
Group revenue rose sharply to EUR 189.9 million (prior year: EUR 163.7 million). Growth was seen in the Optics & 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 EUR 61.2 million (prior year: EUR 56.6 million). In total, Jenoptik generated 67.8% abroad, once again more than two thirds of group revenue (prior year: 68.6%).
Earnings before interest, taxes, depreciation and amortization (EBITDA) also increased by 55.9% to EUR 27.7 million (prior year: EUR 17.8 million). The EBITDA margin improved to 14.6% (prior year 10.9%). In the first three months of 2018, the operating result also outperformed the rise in revenue. At EUR 20.8 million, EBIT was 88.7% up on the prior year (prior year: EUR 11....
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