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Carl Zeiss Meditec remains strong


August 12, 2011 - London

Carl Zeiss Meditec AG /Carl Zeiss Meditec remains strong . Processed and transmitted by Thomson Reuters ONE.The issuer is solely responsible for the content of this announcement.

Growth in all strategic business units and reporting regions. Further increase in profitability.

JENA - 12 August 2011

Medical technology company Carl Zeiss Meditec successfully continued on its growth course in the third quarter and achieved a significant increase in revenue compared with the same period of the previous year.

"I am particular pleased that this substantial growth in revenue has also had a positive effect on earnings," says Dr. Ludwin Monz, President and CEO of Carl Zeiss Meditec AG. The EBIT margin increased from 12.2 percent in the same period of the previous year to 13.6 percent. "This takes us another step closer to achieving our objective of increasing our margin to 15 percent by around 2015," continues Dr. Monz.


Carl Zeiss Meditec has a broad business portfolio, ranging from ophthalmology, through microsurgery, to new applications in radiotherapy. "All strategic business units and reporting regions are contributing to our growth. This shows that our company is in a stable position," says Dr. Ludwin Monz.


Key figures at a glance

In the first 9 months of the current financial year Carl Zeiss Meditec generated consolidated revenue of 555.5 million euros (previous year: 490.8 million euros). This represents an increase of 13.2 percent over the previous year. Growth came from all strategic business units (SBUs). Both the overall positive trend in the market during the reporting period and the further improvement in the company's position as a result of innovative new products contributed to this development. The Microsurgery SBU grew by 20.8 percent compared with the previous year. The significantly higher sales of the innovative radiotherapy device INTRABEAM contributed to this. While the Ophthalmic Systems SBU grew by 8.3 percent, the Surgical Ophthalmology SBU contributed to overall earnings with growth of 7.7 percent.

Revenue growth comes from all reporting regions of Carl Zeiss Meditec. The "Asia/Pacific" region achieved the greatest growth in revenue of 174.2 million euros (23.9 percent). As in the previous quarters, China, India and Southeast Asia showed the most significant growth. The Americas region also achieved double-digit growth of 11.6 percent, to 188.5 million euros. This region continues to be dominated by the USA, although development in Central and South America is also encouraging. The EMEA region is the strongest market in terms of revenue generation, growing by 6.3 percent through the sale of products and solutions to a value of 192.8 million euros.


Earnings before interest and taxes (EBIT) increased to 75.7 million euros (previous year: 60 million euros). The EBIT margin increased from 12.2 percent to 13.6 percent.


"We shall remain on our present course," says Dr. Ludwin Monz. Our stable strategic presence in businesses and regions makes me optimistic about the longer-term development of our company. Particularly in light of the current imponderables concerning the global economy, I consider Carl Zeiss Meditec to be well equipped," said Dr. Monz.


Revenue by strategic business unit

Figures in
'000 euros
9 Months 2009/2010 9 Months 2010/2011 Change from previous year
Ophthalmic Systems 231,660 250,933 +8.3%
Surgical Ophthalmology 65,039 70,062 +7.7%
Microsurgery 194,132 234,503 +20.8%

 

Revenue by region

Figures in
'000 euros
9 Months 2009/2010 9 Months 2010/2011 Change from previous year
EMEA 181,296 192,769 +6.3%
Americas 168,964 188,523 +11.6%
Asia/Pacific region 140,571 174,206 +23.9%


Contact for the press

Petra Rettenmaier, Director Corporate Communications, Carl Zeiss Meditec AG,
Phone: +49 36 41 220-331, Email: press@meditec.zeiss.com

 

Patrick Kofler, Director Investor Relations, Carl Zeiss Meditec AG,
Phone: +49 36 41 220-106, Email: investors@meditec.zeiss.com

 

www.meditec.zeiss.com/press

--- End of Message ---

Carl Zeiss Meditec AG
Goeschwitzer Strasse 51-52 Jena Germany

WKN: 531370;ISIN: DE0005313704;Index:Prime All Share,TECH All Share,TecDAX;
Listed: Freiverkehr in Börse Stuttgart,
Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg,
Freiverkehr in Börse Berlin,
Freiverkehr in Börse Düsseldorf,
Freiverkehr in Bayerische Börse München,
Freiverkehr in Niedersächsische Börse zu Hannover,
Prime Standard in Frankfurter Wertpapierbörse,
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Source: Carl Zeiss Meditec AG via Thomson Reuters ONE

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