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Börse Express – Jenoptik is doing better than expected

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The Jenoptik technology and armaments group
has of its most recent acquisitions in the past year
and better running business with the semiconductor industry
benefits. In 2019, sales climbed year-on-year after the first
Calculations by 2.5 percent to 855 million euros, like that in the SDax
listed companies in Jena on Wednesday.
The company thus achieved its own goal, but surpassed it
Analysts’ expectations. The operating result (Ebitda) increased
more than 5 percent to around 134 million euros. The Ebitda margin
improved by 0.4 percentage points to 15.7 percent.

Jenoptik recorded an order intake in the reporting period
Decrease of around 7 percent to around 813 million euros. The
The company justified this with an early large order in
Semiconductor equipment business in late 2018 as well as on the slowdown
in the automotive industry.

“Regardless of the overall economic slowdown, the
Demand in the second half of 2019 compared to the two
previous quarters in key parts of our business
improved as expected, “said CEO Stefan Traeger.
Jenoptik CEO Traeger expects further growth in 2020. The
Jenoptik wants to publish its balance sheet on March 25. / mne / jha /

 ISIN  DE000A2NB601

AXC0057 2020-02-12 / 07: 53

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