JENOPTIK increases profitability forecast for the year 2025

The technology corporation JENOPTIK takes a more optimistic view of business development until the end of 2025.

12/1/2023, 2:00 PM
Eulerpool News Dec 1, 2023, 2:00 PM

A positive message for investors and shareholders of technology company JENOPTIK: The company, listed on the TecDAX, is confident and predicts a positive business performance until the end of 2025.

Due to strong organic development, JENOPTIK expects an EBITDA margin of 21 to 22 percent for the foreseeable year - an improvement compared to the previously forecasted operating return of 20 percent. In a statement on the occasion of the Capital Market Day, CEO Stefan Traeger cites the successful transformation process of the Group towards becoming a global leader in photonics: "JENOPTIK is on a promising path and has established strong growth platforms."

The half-year balance of the targeted Agenda 2025 for the year 2025 is also positive, according to Traeger. "In our core areas, which already account for more than 85 percent of the group's revenue, we were able to significantly strengthen our position."

The expected numbers of organic development exceed previous forecasts as the company has grown an impressive 10 percent on average. According to earlier statements, the corporation expects an EBITDA margin of 19.5 percent for the year 2023. The goal of achieving a revenue of around 1.2 billion euros for the year 2025 remains unchanged. Future acquisitions or divestments are not taken into account in these plans.

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