Jenoptik posts good revenue and order intake in the first quarter

  Company financial news

Revenue up on prior year at EUR 145.8 million; order intake increased to EUR 166.8 million; EBITDA boosted to EUR 15.8 million, EBIT as expected below prior year at EUR 8.7 million; 2015 guidance confirmed.

Finance
The Jenoptik Group ended the first quarter of 2015 as expected
The Jenoptik Group ended the first quarter of 2015 as expected, with particularly encouraging development in orders and revenue seen in the Metrology as well as Defense & Civil Systems segments.
“Jenoptik started the new year as expected. Over the coming quarters, we are anticipating considerable growth in revenue and earnings, backed up by our well-filled project and order pipeline,” explains Jenoptik’s President & CEO Michael Mertin. “We will be realigning our organizational structure even more toward megatrends in the next few months, focusing on target markets to better serve customers with our products and solutions. This, in turn, will create better growth opportunities in the future.”
In the first three months of 2015, the Jenoptik Group generated revenue totalling EUR 145.8 million, 6.4% up on the prior year (prior year EUR 136.9 million). This was also the highest level of revenue posted by Jenoptik in a first quarter for a number of years. While the Metrology and Defense & Civil Systems segments grew, the Lasers & Optical Systems segment declined year-on-year due to weakened demand from the semiconductor equipment industry. Revenue was boosted in Germany, Europe and Asia.
At EUR 166.8 million, the order intake in the first three months was up 4.1% compared to the prior-year quarter (prior year EUR 160.3 million) and well above the quarter’s revenue. As of March 31, 2015, the order backlog, at EUR 447.4 million, exceeded the 2014 year-end figure by 5.9% (31/12...


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