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Jenoptik Group Revenue up 13% in 2015

Photonics.com
Mar 2016
JENA, Germany, March 23, 2016 — Jenoptik AG has reported 2015 group revenue of €668.6 million (about $750.5 million), up 13.3 percent from 2014. Group earnings before interest, taxes, depreciation and amortization (EBITDA) increased at a faster rate than revenue, by 16.7 percent to €88.8 million, compared with 2014 EBITDA of €76.1 million.

Chairman of the board of Jenoptik AG Michael Mertin (left) and Chief Financial Officer Hans-Dieter Schumacher.
Chairman of the board of Jenoptik AG Michael Mertin (left) and Chief Financial Officer Hans-Dieter Schumacher. Courtesy of Jenoptik.

The company said that products from all segments, including laser machines and metrology systems for the automotive industry and optoelectronic systems, helped to generate this increase, as did the settlement of a major order in the Defense & Civil Systems segment.

Jenoptik said that contributions to revenue made by Vysionics ITS Ltd. in England, which Jenoptik acquired in 2014, and foreign currency exchange effects contributed to the increased revenue. In regional terms, North America and Europe showed the greatest growth, but revenue also increased in Asia.


GLOSSARY
metrology
The science of measurement, particularly of lengths and angles.
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