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Zeiss Reports Revenue Growth Despite Currency Effects

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Carl Zeiss Meditec AG recently reported revenue of €673.7 million (about $878.8 million) in the first nine months of its fiscal year, an increase of 3.8 percent from the same period in the previous year when adjusted for exchange rates. The company’s earnings before interest and taxes were €92.1 million (about $119.1 million), resulting in earnings per share falling by 13.5 percent compared to the first nine months of the previous fiscal year. Revenues were roughly level in the microsurgery (€293.9 million, about $380.4 million) and ophthalmic systems...Read full article

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    Published: September 2014
    BiophotonicsBusinessCarl Zeiss MeditecEuropeGermanyLaserslensesRapidScan

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