Ad-hoc | 22 May 2003 07:45
JENOPTIK AG
english
Report of JENOPTIK AG on the first quarter of 2003
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Report of JENOPTIK AG on the first quarter of 2003
Jenoptik Group sales up 4 percent in first quarter of 2003.
Operating income negative due to accounting deadlines as in previous year.
Order intake up 20 percent; order backlog at new record of nearly 2.8bn euros.
Outlook: group to return to 2001’s sales figures in 2003.
The Jenoptik Group saw it sales increase four percent in the first three months
of the fiscal year to 263.0m euros (2002: 253.0m euros). The sales rise was
attained in both business divisions, Clean Systems and Photonics. Asset
Management business division sales are no longer included in the figures,
reflecting the deconsolidation of DEWB AG from the group as of June 30, 2002.
The Jenoptik Group saw another strong rise in order intake, which was up 20.0
percent year-on-year to 659.8m euros (549.9m euros). As of March 31, 2003, order
backlog climbed to a new all-time high of 2,791.6m euros (2,003.1m euros). Both
business divisions, Clean Systems and Photonics contributed to this increase of
39.4 percent.
The group saw a negative operating income in the first quarter of 2003 of -8.4m
euros (-4.3m euros). The group’s income for the period was correspondingly
negative at -12.8m euros (-7.6m euros). The difference to last year’s figures
was primarily the result of the sale of DEWB shares to a U.S. institutional
investor in the first quarter of 2002.
The Jenoptik Group’s sales and income development strongly depends on
contractually determined accounting deadlines in facility engineering, which are
normally set towards the end of the year. The figures of the first quarter
cannot therefore be used to project figures for the entire fiscal year.
Following the first quarter of 2003, the Jenoptik Group has adhered to the goals
and statements put forward in the 2002 Annual Report and at its balance sheet
press conference. Jenoptik expects a considerable sales increase for fiscal year
2003, group sales shall once again reach two billion euros. This rise in sales
will be accounted for primarily by the Clean Systems business division, assuming
that all projects are fully paid and accounted for within deadlines.
Investor Relations, Steffen Schneider, Phone/Fax +49-3641-652290/2157
end of ad-hoc-announcement (c)DGAP 22.05.2003
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WKN: 622910; ISIN: DE0006229107; Index: TecDAX, NEMAX 50
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart
220745 Mai 03