Jenoptik reports record second quarter trading figures optics.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from optics.org Daily Mail and Mail on Sunday newspapers.
– EBITDA grew significantly by approximately 47 percent to 20.0 million euros
– Growing demand in photonics divisions ? Group order intake up by around 27 percent to 268.3 million euros ? order backlog at 561.3 million euros
– Outlook for full year 2021 confirmed: revenue growth in low double-digit percentage range and EBITDA margin of 16.0 ?17.0 percent expected
?The Jenoptik Group had a good start to 2021. We see clear signs of increasing demand particularly in our photonics divisions. In view of our well-filled order books, improved cost efficiency, and the contributions from the companies we acquired in fiscal year 2020, we are well on track to achieve our annual targets for 2021,? says Stefan Traeger, President & CEO of JENOPTIK AG.
Jenoptik achieved its forecast revenue figures and significantly exceeded its profitability target. According to the preliminary figures, group revenue in the past fiscal year reached around EUR 767 million (prior year: adj. EUR 837.0 million), approximately EUR 28 million of which were contributed by TRIOPTICS.
Jenoptik with outstanding profitability in 2020 so-co-it.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from so-co-it.com Daily Mail and Mail on Sunday newspapers.