FRANKFURT (dpa-AFX) - Raised profitability targets boosted shares in the technology group Jenoptik in pre-market trading on Friday. They gained 3.1 percent to 25.52 euros on the Tradegate platform compared to the Xetra close.

The MDax company made better progress than expected in its transformation into a pure photonics group. As a result, the operating margin is now expected to be between 21 and 22 percent by 2025, compared to the previous target of around 20 percent. The turnover target remained unchanged at around 1.2 billion euros.

"Positive", stated one trader, as the outlook is slightly better than the current Bloomberg consensus on the earnings side./ck/jha/