STUTTGART/Germany, 14.05.2014.
ZEISS has concluded the first six months of the 2013/14 fiscal year with a five percent increase in revenue to a figure totaling EUR 2.074 billion (first half of 2012/13: EUR 1.978 billion). With a total of EUR 2.246 billion, incoming orders were 16 percent higher than the prior year (first half of 2012/13: EUR 1.935 billion), a clear improvement primarily attributable to the increased demand on the semiconductor market. Earnings (EBIT) grew by around EUR 57 million to EUR 166 million (first half of 2012/13: EUR 109 million). Exchange rate effects negatively impacted the half-year financial figures of ZEISS. Without these effects, a revenue increase of seven percent* and earnings of EUR 186 million* would have resulted when calculated on a comparable basis.
"Overall, we continued to grow in the first half of the 2013/14 fiscal year despite the negative currency conditions facing us. We benefited from the strong demand in the semiconductor market and also achieved further gains in the Medical Technology and Industrial Metrology business groups," said Dr. Michael Kaschke, President and CEO of Carl Zeiss AG. However, Kaschke is not totally satisfied with the development: "We set our sights slightly higher and need to intensify our efforts in the second half of the year in order to step up the pace again and grow in some markets under the difficult conditions facing us."
Expenditure on research and development remains at high level
With a total of EUR 211 million, ZEISS maintained its expenditure on research and development at a high level in the first six months of the fiscal year. This equates to 10 percent of revenue. A large proportion of the funds was channeled into the further development of future-oriented Extreme Ultra Violet (EUV) lithography. "The chip manufacturers are sending clear signals to both ourselves and our strategic partner ASML that they see EUV as the production technology of the future," is how Kaschke explained this high level of financial commitment, "even if the volume production of microchips with EUV will happen later and more slowly than originally planned due to the complexity of this technology." ZEISS has been pursuing the development of EUV technology for just under 20 years.
Portfolio strengthened through acquisition
To strengthen and expand the business of the Medical Technology business group, ZEISS acquired the company Aaren Scientific, headquartered in Ontario/California (USA), at the beginning of 2014. Aaren Scientific is specialized in the production of intraocular lenses.
Financial highlights
Direct business accounted for just under 80 percent of revenue. The remaining 20 percent was generated with cooperation partners. In the first half of the fiscal year the business with cooperation partners increased by 41 percent over the weak equivalent period the previous year. This is due, above all, to the growth in revenue of the Semiconductor Manufacturing Technology business group ( 27 percent over the prior year). The company generates most of its revenue outside Germany. In the first six months of the year ZEISS was particularly successful in the Asia/Pacific (APAC) region with revenue totaling EUR 419 million. This corresponds to growth of 15 percent* over the previous year (first half of 2012/13: EUR 395 million) when calculated on a comparable basis. In Germany ZEISS reported revenue amounting to EUR 256 million, an increase of five percent (first half of 2012/13: EUR 244 million).
In the first half of fiscal year 2013/14 ZEISS invested EUR 67 million in property, plant and equipment (first half of 2012/13: EUR 107 million). These compared to depreciations totaling EUR 71 million (first half of 2012/13: EUR 65 million). After the end of the first six months net liquidity totaled EUR 128 million (first half of 2012/13: EUR 211 million). "The decrease in net liquidity is attributable to special effects," explained Thomas Spitzenpfeil, CFO of Carl Zeiss AG. "This reflects acquisitions and negative currency effects."
After the heavy investments of the prior year, the free cash flow is now clearly positive again and totals EUR 101 million (first half of 2012/13: EUR 34 million). After the first six months of the fiscal year the companys equity amounted to over one billion euros, equating to an equity ratio of 24 percent.
Headcount in Germany slightly up
In the first six months 24,791 employees worked for ZEISS worldwide (31 March 2013: 24,803). In Germany, headcount increased by around 70 employees to 10,809 (31 March 2013: 10,739). At the end of the first half of the year ZEISS employed approximately 430 trainees in Germany (31 March 2013: around 400).
Trends in the business groups
Revenue (in EUR million)
1st half of 2013/14 1st half of 2012/13 Change Change on comparable basis*
Industrial Metrology 271 264 2% 5%
Microscopy 314 303 4% 2%
Medical Technology 510 494 3% 9%
Vision Care 384 419 8% 4%
Consumer Optics 84 90 6% 4%
Semiconductor Manufacturing Technology 499 392 27% 27%
The values deviate from the published figures of Carl Zeiss Meditec AG as a result of different consolidation models.
Cautious outlook for the second half of the fiscal year
For the second half of the 2013/14 fiscal year, ZEISS expects a slowdown in the growth momentum in the emerging economies, continued negative exchange rate developments and political uncertainties, and therefore little impetus for business. Against this background, the company anticipates a modest trend in revenue and earnings. "We aim to also reach our targets in the difficult scenario confronting us. Therefore, our focus lies on further improving our productivity and efficiency and on accelerating the implementation of market-dominating innovations in all areas," Kaschke emphasized. "We a
Most recent headlines
05/01/2027
Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be ...
04/08/2026
Dalet, a leading technology and service provider for media-rich organizations, t...
04/07/2026
April 7 2026, 19:00 (PDT) Detective Conan: Fallen Angel of the Highway Opens in...
01/06/2026
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...
13/05/2026
New Adobe Premiere Color Grading Mode Accelerated on NVIDIA GPUs
Joel Pennington May 13, 2026
0 Comments
New NVIDIA RTX-accelerated features streamlin...
13/05/2026
Grass Valley announced that dB Broadcast has delivered new IP-based outside broadcast (OB) trucks for Cloudbass, featuring Grass Valley LDX 100 Series cameras a...
13/05/2026
Ikegami will exhibit the latest additions to its wide range of broadcast production cameras, control units, viewfinders and monitors on stand 5D3-1 at Broadcast...
13/05/2026
FISE, working with the founding members of the XR Sports Alliance (XRSA), Accedo, Qualcomm Technologies, Inc. and HBS, have collaborated to develop an immersive...
13/05/2026
Canon Unveils New EOS R6 V Full-Frame EOS Camera and RF20-50mm F4 L IS USM PZ Bu...
13/05/2026
Boston Conservatory at Berklee Honors Beth Morrison and Moses Pendleton at Comme...
13/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
13/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
13/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
13/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
13/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
13/05/2026
Creative software developer Foundry today announced the latest developments on Nuke Stage. A purpose-built application for end-to-end virtual production and in-...
13/05/2026
A definitive portrait of one of Ireland's most influential musicians
New TV documentary airs Monday 18 May on RT One and RT Player at 9.35pm
Watch the...
13/05/2026
Agentic AI is changing the way users get work done. Following the success of OpenClaw, the community is embracing new open source agentic frameworks. The latest...
13/05/2026
Reinforcement-learning agents - AI systems that learn by trial and error - can c...
12/05/2026
Beyond the Hype: A Strategic Post-Hoc Analysis of NAB 2026 If NAB Show 2026 had an underlying theme, it was a quiet, industry-wide pivot from the high-energy sp...
12/05/2026
Guntermann and Drunck (G&D), a Panoptec Technologies Group company, and CT Square, led by Chandresh Shah, have announced a joint venture to distribute G&D and V...
12/05/2026
With 30 days until the start of the FIFA World Cup 2026, Telemundo, the exclusive Spanish-language home of the tournament in the United States, has announced th...
12/05/2026
The NHL has announced the return of Stanley Pup for its third consecutive year, a 90-minute special featuring adoptable rescue dogs competing on a miniature rin...
12/05/2026
NBCUniversal presented its 2026 Upfront to advertisers at Radio City Music Hall, detailing upcoming programming across NBC, Peacock, Bravo, and Versant properti...
12/05/2026
FOX Sports has announced funding for the Fandom and Social Connection Initiative at Harvard Kennedy School's Shorenstein Center on Media, Politics, and Publ...
12/05/2026
TNDV and Live Media, both divisions of Live Media Group, supported live broadcast coverage around NCAA Final Four weekend in Indianapolis, including the March M...
12/05/2026
The European Football Alliance (EFA) has announced a content distribution agreement with Fubo Sports Network, the free ad-supported streaming TV (FAST) channel ...
12/05/2026
For the first time, Spanish-speaking fans in the U.S. will have two separate tel...
12/05/2026
CP Communications led a comprehensive spectrum management initiative on behalf of Churchill Downs during Kentucky Derby week, coordinating RF assets across the ...
12/05/2026
LiveU has announced a strategic partnership with DRONERESPONDERS, a 501(c)3 non-...
12/05/2026
Open Broadcast Systems has announced that BMC TV, a specialist in IP transport of broadcast content, has selected the Open Broadcast Systems 5G Flyaway solution...
12/05/2026
NEP Europe, part of NEP Group, has announced it will deliver broadcast solutions...
12/05/2026
Grass Valley has announced continued collaboration with Ravensbourne University ...
12/05/2026
Stats Perform has announced the launch of Opta Pulse, an AI-assisted video creation and distribution platform for leagues, rights holders, and broadcasters. The...
12/05/2026
FOX Sports has announced a collaboration with Sesame Workshop to integrate Sesame Street characters into FOX Sports' FIFA World Cup 2026 programming. Conten...
12/05/2026
To date, NHL Productions has produced 19 broadcasts with commentary in American Sign Language
NHL in ASL (American Sign Language) may be just one show, but the...
12/05/2026
Google's Brian Albert: creators, athletes, highlights, nostalgia, second-scr...
12/05/2026
A still from Past Lives by Celine Song, an official selection of the Premieres program at the 2023 Sundance Film Festival. (Courtesy of Sundance Institute | p...
12/05/2026
Spotify is where fans and artists come together, turning discovery into somethin...
12/05/2026
Features patented Marco-MMC clocking technology
Black Lion Audio's latest release combines the company's expertise in clocking with their renowned p...
12/05/2026
New Track Panel, sequencer upgrades & more
Following their recent public beta release, Reason Studios have announced the full release of Reason 14. With the...
12/05/2026
One month to go! SBS reveals expansive FIFA World Cup 2026 lineup beyond the pi...
12/05/2026
Rohde & Schwarz presents its advanced solutions for power electronics testing at...
12/05/2026
aconnic AG (ISIN: DE000A0LBKW6), Munich, has developed a modified fund raising p...
12/05/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
12/05/2026
Tyrell Corporation, specialists in high-end live sports and entertainment broadcasts, was tasked with delivering compelling broadcast coverage of premier equest...
12/05/2026
Registration is now open for IBC2026 as the global media, entertainment and technology community prepares to converge on the RAI Amsterdam from 11 14 September ...
12/05/2026
Ross Video, a global leader in live video production technology, will present its latest innovations and integrated production workflows at BroadcastAsia 2026, ...
12/05/2026
500 selected leaders from around the world across start-ups, corporates, and venture capital. Over 50bn in assets under management among attending investors, a...
STUTTGART/Germany, 14.05.2014. 
