At 11.8 million euros, group earnings after tax were also significantly higher than the prior year’s figure of 2.8 million euros, despite higher interest and tax expenses. With depreciation and amortization virtually unchanged, group EBIT came to 19.9 million euros, compared with 4.7 million euros in the same period in the prior year. The EBITDA margin was 15.6 percent (prior year: 10.1 percent). At 36.6 million euros it was 74.2 percent up on the prior-year figure of 21.0 million euros. Overall, 74.0 percent of revenue was generated abroad (prior year: 76.4 percent).ĮBITDA again grew at a faster rate than revenue, mainly due to strong performance in the Advanced Photonic Solutions division and the improvement in earnings of the Non-Photonic Portfolio Companies. The Americas region almost reached the very strong level of the prior year. Jenoptik posted its strongest revenue growth in Asia/Pacific, with a rise of 31.4 percent, followed by Europe (including Germany) with 12.9 percent. The photonics group Jenoptik continued on its course of growth in the first quarter of 2023, with revenue up by 12.2 percent to 234.1 million euros (prior year: 208.5 million euros), primarily due to sustained strong demand in the Advanced Photonic Solutions division. Revenue growth of 12.2 percent – profitability significantly improved Mainly in view of a healthy order backlog, we are optimistic for the remainder of the fiscal year, pursuing the objectives of optimally using our existing capacities while simultaneously expanding them,” says Stefan Traeger, President & CEO of JENOPTK AG. Our Advanced Photonic Solutions division, in particular, continues to show strong momentum, as expected.
“With double-digit growth in revenue and earnings, Jenoptik delivered a solid start to the fiscal year 2023. Guidance for 2023 confirmed: significant revenue increase and margin improvement expected.Double-digit growth in revenue and EBITDA.
0 kommentar(er)
