JENOPTIK Surprises with Strong Earnings and Higher Margin
Jena, Germany - March 8, 2023
JENOPTIK AG (WKN: 628310) today announced its financial results for the 2022 fiscal year, reporting a strong increase in earnings and a higher margin.
Key Financial Highlights
- Revenue increased by 7.4% to €906.3 million.
- Earnings before interest and taxes (EBIT) surged by 17.4% to €126.9 million.
- EBIT margin improved from 12.7% to 14.0%.
The company's strong performance was driven by growth in all three business segments: Light & Optics, Semiconductor Equipment, and Life Science.
In the Light & Optics segment, JENOPTIK benefited from increased demand for its laser and optical systems from the automotive and semiconductor industries.
The Semiconductor Equipment segment saw growth in its mask inspection business, as well as its metrology and defect inspection systems.
The Life Science segment continued to perform well, with strong sales of its microscopy and ophthalmic products.
JENOPTIK's financial results exceeded market expectations, and the company's shares rose by over 5% in pre-market trading.
CEO Dr. Stefan Traeger said, "We are very pleased with our strong financial performance in 2022, which demonstrates the resilience of our business model and the dedication of our employees."
JENOPTIK expects continued growth in 2023, driven by demand for its innovative products and solutions in key growth markets.
