ots Ad hoc-Service: Jenoptik AG <DE0006229107> 2000 to be the most successful year ever for the Jenoptik Group
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2000 to be the most successful year ever for the Jenoptik Group. Net income of 57.6 million euros (112.6 million DM) after nine months. Order intake and order backlog at 35 percent above previous year's totals.
2000 will be the most successful year ever in the history of the Jenoptik Group, as was made known by the technology company at its Jena headquarters on Wednesday. The annual net income will be 150 percent higher than in fiscal year 1999 according to the prognosis which was corrected upwards in August 2000. This includes profits from the sale of own stock to the amount of 32 million euros. Excluding this sale, the Jenoptik Group will effectively raise its annual net income 50 percent. In the 3rd quarter, the Group continued its positive development of the first half of 2000. The net income of 57.6 million euros after the first nine months of the fiscal year is significantly higher than it was for the same period in 1999 (-1.3 million euros). Operating profits in the first nine months quadrupled in comparison to the previous year, rising from 11.9 million euros to 48.5 million euros. Order intake and order backlog also increased considerably in respect to fiscal year 1999. The order backlog of 2.15 billion euros is 40 percent higher than it was for the same period of the previous year (1.537 billion euros). The Jenoptik Group also registered a strong increase in order intake for the first nine months of 2000. Order intake rose 18.6 percent over the first nine months of 1999 to 1.604 billion euros. When adjusted for comparison purposes, orders increased 38.1 percent, setting a new record. Jenoptik Group sales amounted to 803.6 million euros, slightly less than the previous year (835.7 million euros). With totals adjusted for comparison, however, sales increased 17.3 percent. The 4th quarter - traditionally the peak in sales for the Clean Systems business division - will involve the settling of accounts for a number of projects. These include one major project for First Silicon in Malaysia (chip factory) amounting to around 174 million euros and another for ACER in Taiwan amounting to around 60 million euros. Order boom continuing into the 4th quarter. The Jenoptik Group is continuing on its successful course straight through the present 4th quarter. The boom in orders has kept its pace. The Clean Systems business division has already received major orders from both the American chip manufacturer, Advanced Micro Devices Inc. (AMD), as well as the Taiwan Semiconductor Manufacturing Company Ltd. (TSMC). The Jenoptik subsidiary, M+W Zander, is currently undergoing promising negotiations for further major projects as well. Similarly, the Photonics business division is setting new records for net income, sales, order intake and order backlog in fiscal year 2000.
The Asset Management business division's profits reached an excellent level this 3rd quarter, rising considerably over the figures of the previous year. The venture capital subsidiary, DEWB (Deutsche Effecten- und Wechsel-Beteiligungsgesellschaft AG), introduced three companies to the Neue Markt stock exchange in the 3rd quarter; Analytik AG, 4MBO Electronic International AG and caatoosee ag. Since DEWB has planned no further stock flotations this year, it is expected that profits will remain close to the figures at the end of the 3rd quarter.
Contact:
Steffen Schneider
Communication and Investor Relations
Deutsche Effecten- und Wechsel-Beteiligungsgesellschaft AG
Telephone: ++49 - 3641 - 652290 Telefax: ++49 - 3641 - 652157
Steffen.Schneider@dewb-vc.com
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Original-Content von: Jenoptik AG, übermittelt durch news aktuell