Quarterly Report: Carl Zei Meditec accelerates grow in the first six mons of 06/7

10/05/2017

JENA/Germany, 10.05.2017. Carl Zeiss Meditec continued its growth trend in the first six months of 2016/17. Revenue increased by 8.6 percent (adjusted for currency effects, 7.1 percent), to 587.5m (prior year: 540.8m). Earnings before interest and taxes (EBIT) rose significantly, to 95.1m (prior year: 75.3m). The adjusted EBIT margin increased to 15.2 percent (prior year: 14.3 percent). Earnings per share reached 0.76 (prior year: 0.59).

Dr. Ludwin Monz, President and CEO of Carl Zeiss Meditec AG, comments on the half-year results: We achieved solid growth rates in the first six months of 2016/17 and continued to increase our market shares with our leading portfolio in Ophthalmic Surgery. Furthermore, we were able to launch a range of new products to the market, both in Ophthalmology and in Microsurgery.

Strongest growth in Ophthalmic Devices SBU

Ophthalmology, in particular, contributed to growth: the Ophthalmic Devices strategic business unit (SBU) increased its revenue by 10.6 percent in the first six months of the current fiscal year (adjusted for currency effects: 9.2 percent), to 433.1m, compared with 391.6m in the same period of the previous year. The business with laser systems for refractive vision correction developed particularly well. The sub-segment of Surgical Ophthalmology, the business with intraocular lenses and devices for the treatment of cataracts, achieved significant revenue growth, and Carl Zeiss Meditec expanded its market share. The EBIT margin of the Ophthalmic Devices SBU increased further. Aside from a favorable product mix, this was also attributable to one-time disposal proceeds from plants located in Ontario, California, in the amount of 7.7m, as reported in the first quarter of 2016/17.

Revenue in the Microsurgery SBU grew by 3.5 percent (adjusted for currency effects: 1.8 percent). Revenue from surgical microscopes and visualization solutions climbed to 154.4m, compared with 149.1m in the prior year. The profitability of the Microsurgery SBU remained at an above-average level and increased slightly compared with the prior year. Significant new products, the KINEVO 900 visualization system and the EXTARO 300 surgical microscopes, were launched on the market of neuro and dental surgery.

APAC region continues dynamic development

Another strong performance was achieved by the Asia/Pacific (APAC) region. At 227.2m, revenue was significantly higher than the prior-year figure of 186.7m an increase of 21.7 percent (adjusted for currency effects: 18.4 percent). A large part of this growth is again attributable to the Chinese market, as well as Southeast Asia and India.

Revenue in the EMEA region declined slightly by 1.3 percent in the first six months of 2016/17 (adjusted for currency effects: -0.6 percent) however, compared with a weak start of the year, the business development was more stable in the second quarter of 2016/17. Revenue of 175.4m (prior year: 177.7m) was recorded. There was a downturn in business particularly in the United Kingdom, Southern Europe and Middle East.

Revenue in the Americas region further increased by 4.8 percent (adjusted for currency effects: 2.7 percent) to revenue of 184.9m (prior year: 176.4m).

Earnings per share (EPS) increased significantly year-on-year, to 0.76 (prior year: 0.59). The increase in operating profit contributed to this. The revenue target of Carl Zeiss Meditec AG lies within the range of 1,150m to 1,200m for fiscal year 2016/17. The EBIT margin is expected to be within the range also forecast for the medium term, of 13 percent to 15 percent.

Revenue by strategic business unit

Figures in m	6 Months 2016/17	6 Months 2015/16	Change compared to prior year	Change compared to prior year*
Ophthalmic Devices	433.1	391.6	10.6%	9.2%
Microsurgery	154.4	149.1	3.5%	1.8%
Total	587.5	540.8	8.6%	7.1%

LINK:	http://applications.zeiss.com/C1256A770030BCE0/WebViewTopNewsAllE/0029...
	See more stories from zeiss

Most recent headlines

05/01/2027

Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be demoed at CES 2026

Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be ...

01/06/2026

Dolby Sets the New Standard for Premium Entertainment at CES 2026

January 6 2026, 05:30 (PST) Dolby Sets the New Standard for Premium Entertainment at CES 2026 Throughout the week, Dolby brings to life the latest innovatio...

02/05/2026

Dalet Flex LTS Delivers Smarter Search, Faster Editing, and an AI-Ready Foundation for Modern Media

Dalet, a leading technology and service provider for media-rich organizations, t...

01/05/2026

NBCUniversal's Peacock to Be First Streamer to Integrate Dolby's Full Suite of Premium Picture and Sound Innovations

January 5 2026, 18:30 (PST) NBCUniversal's Peacock to Be First Streamer to ...

01/04/2026

DOLBY AND DOUYIN EMPOWER THE NEXT GENERATON OF CREATORS WITH DOLBY VISION

January 4 2026, 18:00 (PST) DOLBY AND DOUYIN EMPOWER THE NEXT GENERATON OF CREATORS WITH DOLBY VISION Douyin Users Can Now Create And Share Videos With Stun...

18/03/2026

SMPTE Unveils 2026 NAB Show Educational Presentations

SMPTE Unveils 2026 NAB Show Educational Presentations Brie Clayton March 18, 2026 0 Comments SMPTE , the home of media professionals, technologists, a...

18/03/2026

Auditel Ad Campaign Shot on Blackmagic PYXIS 12K

Auditel Ad Campaign Shot on Blackmagic PYXIS 12K Brie Clayton March 18, 2026 0 Comments LED wall virtual production blends 12K open gate acquisition w...

18/03/2026