Ad-hoc | 13 November 2003 08:23
JENOPTIK AG
english
JENOPTIK AG: Results of the first nine months 2003
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Group sales up a solid 10 percent. Jenoptik Group operating income just below
2002 figures when adjusted for income from sale of DEWB. Order intake matches
last year’s high figures.
The Jenoptik Group achieved 933.0m euros in sales over the first nine months of
2003, up 10% from the same period in 2002 (847.7m euros). In 2002, the Jenoptik
Group EBITDA, EBIT and income for the period included over 30m euros from the
sale of DEWB shares. Adjusted for this income, the EBITDA, EBIT and income for
the period fell only slightly from last year’s nine-month totals. The Jenoptik
Group EBITDA amounted to 1.7m euros, the EBIT to minus 26.6m euros (18.0m
euros); and the Group income for the period to minus 38.8m euros (1.2m euros).
The Jenoptik Group’s order intake of 1,477.1m euros for the period roughly
matched the nine-month figure a year ago (1,487.5m euros). The Jenoptik Group
reached a new all-time order backlog high, nearing the three-billion-euro
threshold for the first time at 2,919.5m euros as of September 30, 2003 (Sept.
30, 2002: 2,505.0m euros).
Jenoptik Group sales in 2003 are expected to rise considerably over 2002,
returning to around 2 billion euros. The Clean Systems business division, with
just under 1.7bn euros in projected sales for 2003, is acting as the driving
sales force within the Group. Due to project delays in Asia, the EBIT margin,
however, is expected to fall in 2003 somewhat below the range of 1.8 to 2.5
percent originally projected early this year, as reported in the half-year
interim report. This presupposes, however, that all other projects are fully
paid and accounted for within deadlines.
Photonics business division sales are expected to rise to between 280 and 300m
euros with an EBIT margin of between 9 and 10%.
In TEUR 9M 2003 9M 2002 Q3 2003 Q3 2002
Sales 933,000 847,713 267,744 283,692
EBIT -26,602 17,997* -13,378 -1,531*
Income for the period -38,822 1,185* -18,753 -11,923*
*incl. income from the sale of DEWB shares
Contact: IR, Steffen Schneider, Phone/Fax +49(3641)-652290/2157;
www.jenoptik.com
end of ad-hoc-announcement (c)DGAP 13.11.2003
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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
130823 Nov 03