Jenoptik Group Revenue up 3.4%

Optical technology developer Jenoptik AG has ended the first half of 2016 with a 3.4 percent rise in group revenue to €326.8 million ($366 million).

“Over the first six months of 2016, we successfully pushed on with our course of profitable growth,” said Michael Mertin, president and CEO of Jenoptik. “The group’s interdisciplinary technological expertise, strong position on the domestic market and increasing internationalization enabled growth in line with the business figures we set out to achieve. Jenoptik’s strict focus on megatrends and target markets, improved cost management and healthy financial footing all served to make this possible.”

Jenoptik supplies technology for the semiconductor, automotive, medical, defense, security and aviation industries.