Zeiss reports decline in revenue

qiangzi

Friday, May 25, 2012

+ F  F: T( }5 W" AStuttgart, Germany - In the first half of fiscal year 2011/12, Carl Zeiss generated revenue of EUR 2.105 billion (prior year: EUR 2.143 billionn). Earnings (EBIT) totaled EUR 232 million (prior year: EUR 355 million). “We got off to a good start. Revenue and earnings have exceeded our targeted figures,” said CEO Michael Kaschke. “Through our broad diversification, we were able to largely compensate for the cyclical downturn in the semiconductor manufacturing technology group.” The industrial metrology and medical technology business groups in particular posted a substantial increase in revenue. In the first six months of the current fiscal year alone, Carl Zeiss created over 600 new jobs around the globe and invested EUR 108 million in plant, property and equipment. Investments in research and development increased by 10 percent. For the year as a whole, Carl Zeiss is aiming for revenue totaling around EUR 4 billion.