1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. Jenoptik AG
  6. News
  7. Summary
    JEN   DE000A2NB601

JENOPTIK AG

(JEN)
  Report
Real-time Estimate Tradegate  -  05/25 06:00:10 am EDT
24.64 EUR   -1.04%
05/24JENOPTIK AG : Berenberg maintains a Buy rating
MD
05/20JENOPTIK AG : Receives a Buy rating from Berenberg
MD
05/12JENOPTIK AG : Deutsche Bank remains Neutral
MD
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Jenoptik : New standardized JENOPTIK-VOTAN® A system for invisible airbag tear lines

01/13/2022 EDT

Customers such as automotive suppliers benefit from laser material processing with significant advantages in terms of cost, size and delivery time. The costs for a "JENOPTIK-VOTAN® A+" machine are reduced by up to 30 percent compared to a classic system. It requires 13 square meters less floor space on the factory floor and is delivered one month faster. This corresponds to a reduction in delivery and installation time of up to 20 percent.

Highest precision for more safety

Every third car manufactured worldwide has an invisible tear line for the passenger airbag in its instrument panel - produced with a VOTAN®-A system from Jenoptik. The reason: absolute precision in laser material processing. The sharply focused laser beam of a JENOPTIK-VOTAN® A system cuts each individual hole of the invisible weakening line precisely into the material until reaching the minimum residual wall thickness. A sensor unit uses the transmitted laser radiation to ensure that the tear line corresponds one hundred percent to the preset parameters. The surface material of the workpiece is retained in full quality. The control loop ensures that the predetermined breaking point tears open cleanly when an airbag is triggered - as planned by the engineers. With the help of digitized process monitoring, the exact execution for each individual hole of the laser airbag weakening can be traced and proven.

Fast, safe, durable and attractively priced

Jenoptik's laser technology for optimum airbag performance is unique - it is fast, safe and durable. "Other processes cut or mill the tear lines and cannot react as quickly to tool or material variations during processing. In addition, in these cases, the workpieces become contaminated by splinters and have to be cleaned with compressed air in a further process step," says Carsten Keim, head of sales and product management in Jenoptik's laser material processing business. "VOTAN® A systems work precisely, quickly and cleanly. Since lasers also operate wear-free, they are often in use for up to three life cycles, or about 18 years. In the long term, this brings an enormous cost advantage." The JENOPTIK-VOTAN® A+ machine enables entry into using laser technology for invisible airbag scoring at an attractive price.

30 years of experience meets continuous improvement

"With almost 30 years of product experience and more than 350 VOTAN-A machines in the market worldwide, we compared our VOTAN® A product group with the current and future requirements of the market in a process of continuous improvement," says Sebastian Dienert, product manager of the JENOPTIK-VOTAN® A product group. "Within this evaluation, the idea of a standardized VOTAN® A system was born."

The standardized JENOPTIK-VOTAN® A+ has a modular design. It can be configured and easily expanded using predefined design packages. The in-house technology software is continuously developed further so that the compact and flexible JENOPTIK-VOTAN® A+ is suitable for Industry 4.0 applications and ready to support further advances in digitalization.

About Jenoptik

Optical technologies are the very basis of our business: Jenoptik is a globally active technology group and is active in the three photonics-based divisions: Light & Optics, Light & Production and Light & Safety. Under the TRIOPTICS brand, Jenoptik also offers optical test and manufacturing systems for the quality control of lenses, objectives and camera modules. Our key target markets primarily include the semiconductor industry, medical technology, automotive and mechanical engineering, traffic, aviation as well as security and defense technology industries. Approximately 4,300 employees work for Jenoptik worldwide. The Group's headquarters are in Jena (Germany). JENOPTIK AG is listed on the German Stock Exchange in Frankfurt and is included in the SDax and TecDax. In the 2020 fiscal year, Jenoptik generated revenue of approx. 767 million euros.

Disclaimer

Jenoptik AG published this content on 13 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 January 2022 13:04:04 UTC.


© Publicnow 2022
All news about JENOPTIK AG
05/24JENOPTIK AG : Berenberg maintains a Buy rating
MD
05/20JENOPTIK AG : Receives a Buy rating from Berenberg
MD
05/12JENOPTIK AG : Deutsche Bank remains Neutral
MD
05/12JENOPTIK AG : Receives a Buy rating from Warburg Research
MD
05/11JENOPTIK AG : Warburg Research gives a Buy rating
MD
05/11TRANSCRIPT : Jenoptik AG, Q1 2022 Earnings Call, May 11, 2022
CI
05/10Jenoptik AG Reports Earnings Results for the First Quarter Ended March 31, 2022
CI
04/22JENOPTIK AG : Hauck & Aufhauser reiterates its Buy rating
MD
04/12JENOPTIK : presents versatile photonic solutions at LASER World of PHOTONICS
PU
04/08JENOPTIK AG : Warburg Research gives a Buy rating
MD
More news
Analyst Recommendations on JENOPTIK AG
More recommendations
Financials
Sales 2022 928 M 996 M 996 M
Net income 2022 75,9 M 81,4 M 81,4 M
Net Debt 2022 447 M 480 M 480 M
P/E ratio 2022 18,8x
Yield 2022 1,25%
Capitalization 1 425 M 1 529 M 1 529 M
EV / Sales 2022 2,02x
EV / Sales 2023 1,79x
Nbr of Employees 4 949
Free-Float 89,0%
Chart JENOPTIK AG
Duration : Period :
Jenoptik AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends JENOPTIK AG
Short TermMid-TermLong Term
TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 7
Last Close Price 24,90 €
Average target price 35,14 €
Spread / Average Target 41,1%
EPS Revisions
Managers and Directors
Stefan Traeger Chairman-Executive Board, President & CEO
Hans-Dieter Schumacher Chief Financial Officer
Matthias Wierlacher Chairman-Supervisory Board
Heinrich Reimitz Member-Supervisory Board
Andreas Tünnermann Member-Supervisory Board
Sector and Competitors
1st jan.Capi. (M$)
JENOPTIK AG-32.96%1 529
ATLAS COPCO AB-32.80%50 216
PARKER-HANNIFIN CORPORATION-17.62%33 642
FANUC CORPORATION-14.23%31 699
SANDVIK AB-24.68%24 390
TECHTRONIC INDUSTRIES CO. LTD.-39.18%22 063