ZEISS Half-Year Report: Growth in Revenue and Earnings
Wednesday, May 17 2017 | 00 h 00 min | Financial News, News
ZEISS is celebrating the first 6 months of their fiscal year as they saw revenues rise by 10% to €2.55 billion and earnings before interest and after tax rose to €384 million, an improvement on last year’s €280 million.
“ZEISS is benefiting once again from its solid and future-oriented portfolio, and recorded growth across all segments over the same period of the prior year,” says Prof. Dr. Michael Kaschke, President and CEO of Carl Zeiss AG. “Our growth substantiates our aspiration to be a technological leader in optics and optoelectronics.”
All segments of ZEISS’s portfolio (Research & Quality Technology, Medical Technology, Vision Care/Consumer Products, Semiconductor Manufacturing Technology) all reported increased revenue compared to the first half of 2015/2016. The largest change was in semiconductor manufacturing, which saw a +29% increase.
ZEISS group reports that it now employs 26,200 people as of March 31, 2017. 21,200 are employees of ZEISS and a further 5,000 in their eyeglass production process, known as Vision Global Operations.
ZEISS increased investments in research and development by 20% in the first half of 2016/2017, and is planning a “quadruple figure headcount increase” by 2020.
Click HERE for full press release.