Zeiss Report 11% Revenue Increase in Industrial Quality Segment

The ZEISS Group had a successful end to the first six months of fiscal year 2018/19 (ended 31 March 2019) and saw its revenue rise by 9 percent to EUR 3.019 billion (1st six months of 2017/18: EUR 2.773 billion). 90 percent of this sum was generated by markets outside Germany. At EUR 443 million, earnings before interest and tax (EBIT) were significantly higher than the previous year (EUR 380 million). Incoming orders hit EUR 3.161 billion (1st six months of 2017/18: EUR 2.839 billion).

“We believe the positive development during the first six months of the year can be attributed to our successful innovation activities, the consistent alignment of our portfolio with global megatrends and our focus on the most attractive and most dynamic future markets,” says Prof. Dr. Michael Kaschke, ZEISS President and CEO, adding: “This has allowed us to achieve stronger growth than our relevant markets in almost all areas.”

The Industrial Quality & Research (IQR) segment held its own due to its innovations and the integration of acquisitions – both in industrial quality inspection and microscopy solutions for research. As part of its growth strategy, ZEISS is acquiring highly innovative solutions, technologies and companies, which can unlock their full potential as part of the ZEISS Group. One example is the recent acquisition of GOM (Germany), a leading provider of hardware and software for automated 3D coordinate measuring technology. Furthermore, the majority stake in Bosello High Technology (Italy) concluded in the previous year nicely supplements the industrial X-ray systems portfolio.

Particularly strong business development in Asia and in our key European markets contributed to positive regional growth.

Revenue (in EUR million)
1st six months
of 2018/19
1st six months
of 2017/18
Industrial Quality & Research 820 737 +11 %

“Considerable investments in research and development, the modernization and expansion of our company and, of course, in our workforce, have strengthened our innovative power and thus made us more successful,” says Dr. Christian Müller, Chief Financial Officer of Carl Zeiss AG. “Today, we generate almost half of our revenue with products that are less than three years old,” says Müller, commenting on the 42 percent increase in the new product rate.

For more information: www.zeiss.com