JENA/Germany, 12.02.2016. The first three months of fiscal year 2015/16 were successful overall for Carl Zeiss Meditec AG: Boosted by a favorable development of the most important currencies, the medical technology company generated revenue of 262.6 million (prior year: 241.1 million); earnings before interest and tax (EBIT) increased by 15.6 percent year-on-year, to 32.2 million, corresponding to an EBIT margin of 12.3 percent (prior year: 11.6 percent). Revenue from the three reporting regions and strategic business units grew further in the reporting currency during the first quarter
Currency effects also affected earnings per share at the beginning of the year: due primarily to the negative results from currency hedges, which are offset by positive effects in the operating result, consolidated profit after non-controlling interests amounted to around 16.7 million, corresponding to a decline of 8.8 percent compared with the year-ago figure.
"The quarter was characterized by positive currency effects and, within the regions, by very heterogeneous development. Thanks to our balanced presence, we achieved a good overall result once again," says Dr. Ludwin Monz, President and CEO of Carl Zeiss Meditec AG. "Unlike other industries, we can also report largely stable development, for the time being, in our high-growth business in China."
Key Figures by Business Segment at a Glance
Once again, the Surgical Ophthalmology strategic business unit (SBU) achieved the highest growth rates. Revenue climbed by 13.6 percent in the reporting period, compared with the year-ago quarter, to 92.6 million (prior year: 81.6 million). Even after adjustment for currency effects, this growth was still in the double digits, at 10.7 percent. Surgical workstations for optimized workflow in ophthalmology, and intraocular lenses, were once again in high demand, as were systems for optical biometry.
The Ophthalmic Systems SBU increased its revenue by 7.5 percent in the reporting period, to 98.6 million (prior year: 91.7 million). After adjustment for currency effects, however, this growth would only have amounted to 0.7 percent.
The Microsurgery SBU generated revenue of 71.3 million, which corresponds to an increase of 5.2 percent compared with the year-ago figure of 67.8 million; adjusted for currency effects, revenue is on a par with the prior year.
Revenue by Region
The three global regions made varying contributions to the Companys revenue; once again, the greatest growth came from the Asia/Pacific (APAC) region, even after adjusting for currency effects.
In the EMEA region (Europe, Middle East and Africa), significant contributions to growth came in particular from Germany and the United Kingdom; development in Southern Europe was mixed. On balance, revenue in the EMEA region increased by 4.2 percent, to EUR 90.2 million (prior year: 86.5 million).
Revenue in the Americas region benefited from the strong U.S. dollar and even on a currency-adjusted basis from a positive trend in Latin America. Overall, revenue growth of 10.1 percent to 88.8 million was achieved (prior year: 80.6 million). Adjusted for currency effects, the region would have recorded a slight decline of 1.4 percent, because the development of the U.S. business remained subdued.
The APAC region once again recorded the highest growth, increasing its revenue by 13.1 percent, to 83.6 million (prior year: 73.9 million). After adjustment for currency effects, this corresponds to growth of 9.1 percent.
According to President and CEO, Dr. Ludwin Monz, the first quarter has not changed expectations for the fiscal year: "We shall continue to strive for growth that is at least on a par with market growth, and for an EBIT margin in the range of 13 to 15 percent."
Revenue by Strategic Business Unit
Figures in EUR 000 3 Months 2014/15 3 Months 2015/16 Change from
prior year Change from
prior year
Ophthalmic Systems 91,742 98,634 7.5% 0.7%
Surgical Ophthalmology 81,570 92,644 13.6% 10.7%
Microsurgery 67,778 71,323 5.2% -0.1%
adjusted for currency effects
Revenue by Region
Figures in EUR 000 3 Months 2014/15 3 Months 2015/16 Change from
prior year Change from
prior year
EMEA 86,549 90,195 4.2% 4.5%
Americas 80,639 88,815 10.1% -1.4%
APAC 73,902 83,591 13.1% 9.1%
adjusted for currency effects
Press Contact:
Jann Gerrit Ohlendorf
Director Corporate Communications
Carl Zeiss Meditec AG
Phone: 49 3641 220-331
Fax: 49 3641 220-332
press.meditec@zeiss.com
Sebastian Frericks
Director Investor Relations
Carl Zeiss Meditec AG
Phone: 49 3641 220-116
investors.meditec@zeiss.com
Carl Zeiss Meditec AG
Carl Zeiss Meditec AG (ISIN: DE 0005313704), which is listed on TecDAX of the German stock exchange, is one of the world's leading medical technology companies. The Company supplies innovative technologies and application-oriented solutions designed to help doctors improve the quality of life of their patients. It provides complete packages of solutions for the diagnosis and treatment of eye diseases, including implants and consumable materials. The Company creates innovative visualization solutions in the field of microsurgery. The medical technology portfolio of ZEISS is rounded off by promising future technologies such as intraoperative radiation therapy. With approx. 2,900 employees worldwide, the Group generated revenue of 1,040 million in fiscal year 2014/2015 (to 30 September).
The Group's head office is in Jena, Germany, and it has subsidiaries in Germany and abroad; more than 50 percent of its employees are based in the USA, Japan, Spain and France. The Center for Application and Research (CARIn) in Bangalore, India and the Carl Zeiss Innovations Center for Research and Development in Shanghai, China, strengthen the Comp
Most recent headlines
04/08/2024
Dalet, a leading technology and service provider for media-rich organizations, is excited to announce Santiago Solanas as its new Chief Executive Officer (CEO)....
03/06/2024
Dalet, a leading technology and service provider for media-rich organizations, a...
28/04/2024
Mediahaus delivers the first SRT live-streaming sports production over 5G with U...
24/04/2024
FRANKFURT, Germany Software solutions provider manifold technologies has announced that its manifold CLOUD was selected by NEP Belgium to provide a signal proce...
24/04/2024
NEW YORK Integral Ad Science has announced that it has earned Media Rating Council (MRC) accreditation for its sophisticated invalid traffic (SIVT) filtration f...
24/04/2024
LOS GATOS, Calif. Streaming media company Plex has announced a partnership with the National Football League that will add the NFL Channel, the NFLs 24/7 free l...
24/04/2024
WASHINGTON, D.C. NAB President and CEO Curtis LeGeyt has agreed to a contract extension that will keep him at the helm of NAB through 2029, according to NAB Joi...
24/04/2024
GENEVA, Switzerland Software-defined video network (SDVN) platform specialist GlobalM and broadcast-quality content distribution expert scoopa have formed a str...
24/04/2024
24 04 2024 - Media release Screen Australia celebrates Australian projects bound...
24/04/2024
Berklee Online to Hold 2024 Berklee Onsite Music Conference May 31-June 1 The in-person conference is open to Berklee Online students and the music community ...
24/04/2024
Kargo said it has launched a new product that gives advertisers more details about the connected TV campaigns they are buying....
24/04/2024
Mundo Hispano Digital said it has launched MundoNow Connect, which is designed to use first-party audience data to help advertisers reach Latino connected-TV vi...
24/04/2024
Brittney Griner, the WNBA star who spent 10 months in a Russian prison, sits with Robin Roberts for a primetime special on ABC Wednesday, May 1. The 20/20 speci...
24/04/2024
To give its subscribers more content to pick from, DirecTV Stream is making deals to carry streaming channels from Cineverse and additional digital multicast ch...
24/04/2024
Jenny Padura has been promoted to co-anchor on the 6 and 11 p.m. newscasts at WLTV Miami, known as Univision 23. She starts April 25 and will anchor with Ambros...
24/04/2024
Paris Schutz has joined WFLD Chicago, known as Fox 32, as a political reporter. He starts April 29 and will handle all political coverage for the station, repor...
24/04/2024
Plex has made a deal with the National Football League that will let users watch the NFL Channel, the league's free ad-supported streaming television (FAST)...
24/04/2024
Arnold Schwarzenegger and Sylvester Stallone sit for a chat when TMZ Presents: Arnold & Sly: Rivals, Friends, Icons debuts on Fox Tuesday, April 23. The pair di...
24/04/2024
Lionsgate Television said it signed a new multiyear employment agreement with executive VP, worldwide production, Gary Goodman....
24/04/2024
Miguelangel Lopez, WTMO Orlando (Florida) VP of news, has been named regional VP of news and content for WTMO, WRMD Tampa and WWDT Fort Myers, effective immedia...
23/04/2024
Psychology can play an important role in helping us understand what audiences respond to (Dr Jon Roozenbeek, Cambridge Social Decision-Making Lab)
For newsroom...
23/04/2024
IN ADDITION TO FICTION AND DOCUMENTARY FEATURES, THE SELECTION INCLUDES:
PRO...
23/04/2024
Today, we announced our first quarter 2024 earnings. In a solid start to the year, Spotify reported
Monthly Active Users grew 19% Y/Y to 615 million.
Subscri...
23/04/2024
Idag publicerar Spotify sina finansiella resultat f r f rsta kvartalet 2024. ret har inletts stabilt:
M natliga aktiva anv ndare kade med 19 % j mf rt med f...
23/04/2024
In the last decade, as K-Pop cemented its status as a global phenomenon, Spotify has helped fans around the world keep their fingers on the pulse at every step ...
23/04/2024
Social entrepreneur Hedayat Osyan wins Les Murray Award for Refugee Recognition
23 April, 2024
Media releases
The prestigious award is now in its third yea...
23/04/2024
LONDON IBC is now accepting nominations for its IBC2024 Innovation Awards, which honor achievements in technological innovation and social impact media & entert...
23/04/2024
WASHINGTON, D.C. In response to the introduction of the Broadcast VOICES Act that seeks to encourage more diversity in the ownership of TV and radio stations, t...
23/04/2024
MIAMI, Fla. As part of a push to expand its FAST channel and streaming operations, Hemisphere Media Group has launched its free ad supported television (FAST) c...
23/04/2024
LOS ANGELES DirecTV is adding seven new channels to its rapidly expanding streaming lineup through new licensing agreements with Cineverse Corp. and Scripps Net...
23/04/2024
Entitled Our Creative Future, the manifesto calls for radical new action' t...
23/04/2024
The company has secured investment from private equity firm PAI Partners, which also holds a stake in outside broadcasting company EMG
By Jenny Priestley
Pub...
23/04/2024
Cameron also said he recognised Marlow as a potential UK and European base for his new company, LIGHTSTORM 3D
By Matthew Corrigan
Published: April 23, 2024 ...
23/04/2024
The five categories cover Content Creation, Content Distribution, Content Everywhere, Social Impact and Environment & Sustainability
By Matthew Corrigan
Publ...
23/04/2024
He played a central role in securing key broadcast rights, including the FIFA World Cup 2018 and 2022
By Matthew Corrigan
Published: April 23, 2024
He pla...
23/04/2024
IBC is preparing to honour the highest achievements in technological innovation and social impact with the launch of its prestigious IBC2024 Innovation Awards, ...
23/04/2024
BREA, Calif. Bolin Technology is integrating Network Device Interface (NDI) across its product line, bringing support for the latest NDI technologies to its PTZ...
23/04/2024
WYOMISSING, Pa. PENN Entertainment has announced that longtime Disney and ESPN executive Aaron LaBerge has been named chief technology officer effective July 1,...
23/04/2024
In response to an FCC ruling in March proposing a $1.2 million fine against Nexstar and a ruling that Mission Broadcasting sell WPIX, Nexstar has filled a respo...
23/04/2024
Sony has announced new details about how the National Hot Rod Association (NHRA) is using Sony's Ci Media Cloud platform to streamline its workflows and spe...
23/04/2024
Esports' rapid rise to popularity can be attributed to many factors, from technological advancements that have enhanced the quality of modern gaming experie...
23/04/2024
OpenDrives, Inc., the global provider of software-defined media workflow solutions and data management capabilities, has been selected as a winner in the 2024 N...
23/04/2024
BCNEXXT is pleased to announce that Vpe has won the 2024 NAB Show Product of the Year Award in the Asset Management, Automation and Playout category. The offici...
23/04/2024
Gravity Media, a world leading global provider of complex live creative production and media services, today outlined the broadcast technology and television pr...
23/04/2024
Scality, a global leader in cyber-resilient storage for the AI era, today announced the appointment of Peter Brennan as Chief Executive Officer (CEO) of Scality...
23/04/2024
Blackmagic Design today announced ATEM 1 M/E Constellation 4K and ATEM 2 M/E Constellation 4K switchers, two new Ultra HD models of the ATEM Constellation famil...
23/04/2024
Blackmagic Design today announced Blackmagic Videohub 120x120 12G, the newest model in the Videohub 12G router family. The massive Blackmagic Videohub 120x120 1...
23/04/2024
Blackmagic Design today announced new lower prices for Blackmagic Video Assist 3G and 12G models. Customers can save US$200 on all models. These lower prices ma...
23/04/2024
Adder Technology continues to shine brightly, with its groundbreaking product, the ADDERLink INFINITY 3000 (ALIF3000), once again taking center stage. Hot on t...
JENA/Germany, 12.02.2016. The first three months of fiscal year 2015/16 were successful overall for Carl Zeiss Meditec AG: Boosted by a favorable development of the most important currencies, the medical technology company generated revenue of 262.6 million (prior year: 241.1 million); earnings before interest and tax (EBIT) increased by 15.6 percent year-on-year, to 32.2 million, corresponding to an EBIT margin of 12.3 percent (prior year: 11.6 percent). Revenue from the three reporting regions and strategic business units grew further in the reporting currency during the first quarter 
