Zeiss half-year revenue reaches 3.2 billion euros (+6% compared to prior year) – EBIT at 455 million euros (+12 million euros compared to prior year).
Overall, the first six months of fiscal year 2019/20 (ended 31 March 2020) went well for the Zeiss Group. It saw its revenue rise by 6 percent (compared to 3 percent) to EUR 3.213 billion (first six months of 2018/19: EUR 3.019 billion). 90 percent of this sum was generated by markets outside Germany.
At EUR 455 million, earnings before interest and tax (EBIT) were slightly higher than the previous year (EUR 443 million). The EBIT margin was at 14.2%. Incoming orders hit EUR 3.601 billion (1st six months of 2018/19: EUR 3.161 billion).
“Overall, we were successful during the first half of the fiscal year. However, the COVID-19 pandemic has had a major impact on the global economy – including on ZEISS’ lines of business,” said Dr. Karl Lamprecht, Zeiss President and CEO.
At this time it is not possible to make a reliable prediction for the 2019/20 fiscal year due to the global uncertainty surrounding the COVID-19 pandemic.