Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
Email Facebook Twitter Google+ LinkedIn Comments

Rofin-Sinar Profits Down in Second Quarter
May 2014
PLYMOUTH, Mich., and HAMBURG, Germany, May 9, 2014 — Laser manufacturer Rofin-Sinar Technologies Inc. reported $4.5 million in profits in its second fiscal quarter, down 39.2 percent from $7.4 million a year ago.

President and CEO Gunther Braun said the company at the end of the quarter saw increased demand for high-power lasers in Asia, which should support third-quarter sales. The company projects revenues in the range of $132 million to $137 million, compared to $128.6 million the second quarter.

“Sales in our macro business were affected by the softer business environment in Asia, especially in China to the machine tool industry,” he said, “whereas sales in Europe for marking and microapplications have improved across the industries, with the exception of solar applications. Business in North America has not yet strengthened, mainly suffering from a slow medical device industry and automotive industry.”

Rofin-Sinar recently acquired FiLaser’s assets and plans to apply its technology to brittle materials applications.

For more information, visit:

AmericasAsia-PacificBusinessEuropeFiLaserGunther BraunRofin-Sinar Technologies Inc.lasers

Terms & Conditions Privacy Policy About Us Contact Us
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2019 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA,

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.