Carl Zeiss Meditec AG

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

Nachricht vom 15.07.2020 | 09:35

Carl Zeiss Meditec AG expects revenue for fiscal year 2019/20 of approx. EUR 1.3 billion

Carl Zeiss Meditec AG / Key word(s): 9 Month figures/Forecast
Carl Zeiss Meditec AG expects revenue for fiscal year 2019/20 of approx. EUR 1.3 billion

15-Jul-2020 / 09:35 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 expects revenue for fiscal year 2019/20 of approx. EUR 1.3 billion
Jena, July 15, 2020

In view of the continuing Covid-19 pandemic and its impact on relevant markets, Carl Zeiss Meditec AG (ISIN: DE0005313704) expects to see a further impact on business development in the remainder of fiscal year 2019/20 compared to previous year.

Assuming a recovery in markets and, in particular, that no significant additional measures to contain the Covid-19 pandemic will impact development, management anticipates revenue of around EUR 1.3 billion for fiscal year 2019/20 (previous year EUR 1.459 billion).

In the first nine months of fiscal year 2019/20, Carl Zeiss Meditec has achieved revenue of EUR 967.9 million (previous year EUR 1,027.6 million). This corresponds to a decline of 5.8% vs. the previous year. After adjustment for currency effects[1], the decline amounted to 6.9%.

Earnings before interest and taxes (EBIT) amounted to EUR 111.9 million after the first nine months of 2019/20 (previous year: EUR 184.2 million). Earnings per share (EPS) were EUR 0.77 (previous year: EUR 1.22).

The quarterly statement of the first nine months of fiscal year 2019/20 will be published on August 5, 2020.

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

[1] Currency-adjusted revenue growth is calculated by converting current period revenue with the exchange rates of the previous year's period.

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