Jenoptik is targeting growth for the current year

JENA (dpa-AFX) – The technology group JENOPTIK benefited primarily from strong demand from the semiconductor industry in 2023. Sales and operating profit increased. The company thus roughly met analysts’ estimates. However, one trader noted that the order intake was a little below the consensus estimate. “Jenoptik has strong growth platforms in its three core markets: semiconductors & electronics, life science & medical technology and smart mobility,” said company boss Stefan Traeger on Wednesday when presenting key data. The company assumes that it will once again grow profitably in the current financial year. In addition, it is on track to achieve its goals for 2025.

In 2023, earnings before interest, taxes, depreciation and amortization (Ebitda) increased year-on-year by 14 percent to 210 million euros, according to preliminary calculations, as the company in Jena announced. The corresponding margin rose from 18.8 percent in the previous year to 19.7 percent. The Thuringian company’s sales climbed by nine percent to around 1.07 billion euros. Order intake fell by around 8 percent to 1.09 billion euros/mne/mis

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