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Semiconductor unit keeps Zeiss sales on even keel
22 Dec 2020
Optics giant s annual revenues decline for the first time in a decade - but only by 2%.
Zeiss has posted a slight decrease in annual revenues for the year ending September 30 - the first time that has happened in a decade.
Despite the impact of the Covid-19 pandemic, a resilient market for semiconductor manufacturing equipment ensured that the Germany-headquartered optics giantâs revenues of â¬6.3 billion were only 2 per cent lower than the previous yearâs total.
The firmâs profitability also took a hit, as Zeiss posted earnings before interest and taxes of â¬922 million, down from â¬1.06 billion a year ago.