Thanks to the positive course of business continued in April and May 2012, the Jenoptik Group has upped its EBIT forecast for the full fiscal year 2012 and now expects it to be in the higher half of the previous forecast range. Sales are expected to increase 4-8%.
Based on the successful development of business both in the first quarter of 2012, as well as in the months of April and May 2012, the Executive Board of Jenoptik AG has specified expectations for the full fiscal year 2012. With regard to the development of sales, it anticipates growth of 4-8%. The Executive Board now expects the Group EBIT to range between EUR 45 and 50 million (original forecast of EUR 40 to 50 million). The Jenoptik Group therefore intends to post a successful 2012 fiscal year.
The Jenoptik Group also aims to achieve continued profitable growth over the years ahead. An average EBIT margin of around 9-10% extending over the market cycles and sales growth of approximately 10% is being set for the Group’s further development. As a result of the difficult environment for sound acquisitions, this sales target is expected to be achieved primarily through organic growth.
In addition, the Jenoptik Group is setting itself specific targets in terms of growth on the international level. As such, Jenoptik is endeavouring to increase the share of sales in the focus regions of North America and Asia jointly to around 40% of Group sales over the medium to long term. Compared with 2011 this represents roughly a doubling of the sales generated in North America and Asia. In this context, Jenoptik aims to share in the higher than average growth being achieved by the technology markets in those regions both through new customers as well as by expanding its business with existing customers. Furthermore, the Group expects the strengthened purchasing activities and, partially, the local manufacture of entire components to have a positive impact. As a result, Jenoptik will not only be generating sales abroad but in addition to the development of its locations in Germany will also be creating and/or further expanding international value-added structures.
As an integrated optoelectronics group Jenoptik operates in five divisions: Lasers & Material Processing, Optical Systems, Industrial Metrology, Traffic Solutions and Defense & Civil Systems. Its customers around the world mainly include companies in the semiconductor and semiconductor equipment manufacturing industry, automotive and automotive supplier industry, medical technology, security and defence technology as well as the aviation industry. The Group was created out of the former Kombinat VEB Carl Zeiss Jena in 1991, as a result of the German reunification. The Jenoptik Group headquarters are in Jena (Thuringia). In addition to several major sites in Germany Jenoptik is represented in nearly 70 countries. Jenoptik AG is listed on the Frankfurt Stock Exchange and is included in the TecDax index. The Group has more than 3,100 employees all over the world and generated sales of approximately EUR 543 million in 2011.