Carl Zeiss Meditec AG

  • WKN: 531370
  • ISIN: DE0005313704
  • Land: Deutschland

Nachricht vom 02.10.2019 | 09:13

Carl Zeiss Meditec AG achieves significant growth in revenue and profit in fiscal year 2018/19

Carl Zeiss Meditec AG / Key word(s): Annual Results
Carl Zeiss Meditec AG achieves significant growth in revenue and profit in fiscal year 2018/19

02-Oct-2019 / 09:13 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
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Carl Zeiss Meditec AG achieves significant growth in revenue and profit in fiscal year 2018/19

Jena, October 2, 2019

Carl Zeiss Meditec AG (ISIN: DE0005313704) has achieved revenue of approximately EUR 1,459 million in fiscal year 2018/19 (PY: EUR 1,280.9 million), based on preliminary data, and has thereby significantly exceeded the previous forecast of EUR 1,350 to EUR 1,420 million. This corresponds to revenue growth of approximately 13.9% vs. the previous year's value. After adjustment for currency effects[1], growth amounts to around 11.9 %.

From today's point of view, the company expects a strong increase in operating earnings[2] (EBIT) and anticipates to significantly exceed the previous forecast of an EBIT margin[3] between 15.0% to 17.5% (PY: 15.4%) as well as current market expectations estimated at around 18.5%.

Full results for business year 2018/19 will be provided on Dec 6, 2019.

As already reported after nine months 2018/19, management expects no further sustainable increase in EBIT margin in fiscal year 2019/20, partly due to planned strategic investments in research and development.

Contact for investors and press
Sebastian Frericks
Director Investor Relations
Carl Zeiss Meditec AG
Tel.: +49 3641 220-116

[1] Currency-adjusted sales growth is determined by weighing sales in the comparative period with current instead of actual historical exchange rates.
[2] Earnings before interest and taxes (also operating profit, EBIT) refers to a key earnings figure within the Carl Zeiss Meditec Group and is calculated in accordance with IFRS standards (see Annual Report 2017/18, p. 76 for reconciliation).
[3] Calculation: EBIT margin = EBIT / revenue (in %) (see Annual Report 2017/18, p. 76).

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