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Carl Zeiss Meditec Returns to Significant Revenue Growth in Second Quarter 2020/21

Carl Zeiss Meditec AG has achieved revenue of EUR 767.4 million in the first half of fiscal year 2020/21. This corresponds to a revenue development of +7.3% vs. the past year (after adjustment for currency effects: +10.5%). In the second quarter of FY 2020/21, revenue amounted to EUR 398.5 million – a growth rate of +15.4% (after adjustment for currency effects: +18.8%).

Earnings before interest and taxes (EBIT) amounted to EUR 162.7 million in the first half of FY 2020/21. EBIT margin (EBIT / revenue) was 21.2%. In the second quarter of FY 2020/21, EBIT amounted to EUR 89.3 million. EBIT margin was 22.4%.

Full results for the first half 2020/21 will be published on May 10, 2021.

During the further course of FY 2020/21, the company expects an ongoing normalization of business development. Revenue is expected to reach around EUR 1.6 billion in FY 2020/21. EBIT margin for FY 2020/21 is projected to reach a level of approximately 20%.

Click HERE for the full press release.

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FYidoctors Adds Clinic in Lloydminster

FYidoctors announced its merger with The Eyewear Place, located in Lloydminster, Alberta. The addition marks the second clinic merger in the province in recent months, and the first FYidoctors clinic in the city of Lloydminster.

Established in 2002, the practice is led by Dr. Cory Larson and includes a team of skilled vision care professionals including Candace Florizone, Paula Phillips, and Chelsey Mader. Dr. Larson completed his Bachelor of Science from the University of Alberta in 2010, and his Doctor of Optometry from Midwestern University Arizona College of Optometry in 2014. He brings to the clinic a wide variety of experience in optometric specialties, having spent his final year of clinical rotations in several diverse optometry practices across the United States.

“We are a high-volume clinic that the community has come to depend on for all of their vision care needs over the last 20 years. We take tremendous pride in our patient-centric delivery and are excited to add to that with this partnership with FYidoctors,” said Dr. Larson. “From access to cutting-edge technology to marketing support to exclusive frame styles, our patients are truly the ones who will benefit from what FYidoctors bring to the merger.”

The Eyewear Place has been involved in several local causes, spearheaded by optician, Paula Phillips, including annual fundraising initiatives for the MS Society of Canada, and a holiday drive for the Salvation Army.

“We’re excited to welcome Dr. Larson and the team at The Eyewear Place to the FYidoctors’ growing team of optometric professionals,” said Dr. Alan Ulsifer, CEO and Chairman of FYidoctors. “The practice is known for its commitment to comprehensive vision care and we look forward to building on this together through this exciting new partnership.”

Click HERE for the full press release.

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Creative Frames from The Big Easy

In the March-April issue of Optik Magazine, contributor Jean-François Venne presents Creative Director and Founder of KREWE Eyewear, Stirling Barrett, who wanted to create frames that were inspired by the bustling culture and southern vibe of New Orleans.

Stirling Barrett studied in creative advertising at the Southern Methodist University, in Dallas, just prior to founding KREWE. Eyewear design had long been an interest of his, but in 2013, when he decided to begin KREWE, is when he truly became involved in the industry.

KREWE kicked off in August 2013. Stirling knew he wanted to build something that changed the way people interacted and thought about New Orleans and build a brand for the people of New Orleans.

Find out what makes KREWE’s frames stand apart from other frames and much more by checking out the full interview by Jean-François Venne available in the March-April issue of Optik Magazine.

Check out more articles from Jean-François Venne HERE!

Novartis Canada Named a Top 50 Best Workplace in the Country

Novartis Pharmaceuticals Canada has been recognized as a Great Place to Work® and announces that Novartis in Canada has earned a spot on the “Top 50 Best Workplaces” in the country. Novartis has also been named on the 2021 list of Best Workplaces for Women, a designation that speaks to the organization’s inclusive and equitable work environment.

The Top 50 Best Workplaces™ list is curated based on analyzed responses from thousands of individuals from organizations in Canada with more than 1,000 employees working in Canada or worldwide. 

“What makes me very proud about these designations is that it is our associates who provide their feedback, and they are telling us that our ‘care in leadership’ approach is appreciated. Our leaders didn’t underestimate the challenges that were faced in 2020 and focused on prioritizing the wellbeing of our associates to ensure, among other things, work-life balance. I would like to express my gratitude to the team for their steadfast dedication to reimagining medicine and continuing to deliver for patients no matter what,” said Christian Macher, Country President, Novartis Pharmaceuticals Canada Inc.

The highly respected recognition program run by the Great Place to Work® Institute gathers and evaluates employee feedback and acknowledges companies who have built high-trust, high-performance workplace cultures. The list evaluates like-sized companies from across Canada that are measured against criteria designed to identify those that are exceptional places to work. Novartis associates were surveyed and gave feedback on the following five areas: credibility, respect, fairness, pride and camaraderie.

Click HERE for the full press release.

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