Jenoptik AG Announces Earnings Results for the Fourth Quarter and Full Year of 2017; Revised Earnings Guidance for the Fiscal 2018; Provides Earnings Guidance for the Fiscal 2022
For the quarter, the earnings figures increased stronger than revenue figure, EBITDA by 12.8% and EBIT even at 17.6%, with an EBITDA margin above 14% and an EBIT margin around 10.4%.
For the fiscal 2018 the company expects revenues to be in the range between EUR 790 million and EUR 810 million. The company expects an EBIT margin between 10.5% and 11%, somewhat up versus prior guidance of around 10%. Sales around EUR 800 million, somewhere between EUR 790 million and EUR 810 million.
The company expects revenues to grow in a mid- to high single digit range in the next 5 years on average and margins to expand to about 16% EBITDA by 2022.