Google AI
The Times Australia

Times Media

Good overall result and revenue growth for the ZEISS Group

OBERKOCHEN, GERMANY - Newsaktuell - 17 December 2024 - ZEISS Group revenue increased to just under 11 billion euros(10.894 billion euros), (up 8% on the prior year) – EBIT 1,444 million euros (prior year: 1,686 million euros, EBIT margin 13%).

Mixed development in the segments. High spend on research and development equivalent to 15% of revenue, more than 46,000 employees worldwide.

  • Increasingly challenging market environment for the direct-to-market segments
  • Strong growth in the Semiconductor Manufacturing Technology segment
  • Outlook requires reinforcement of resilience measures

Overall, ZEISS can look back on a very successful fiscal year 2023/24. The Group's revenue rose to 10.894 billion euros (prior year: 10.108 billion euros, up 8%). Earnings before interest and taxes (EBIT) totaled 1.444 billion euros (prior year: 1.686 billion euros) with an EBIT margin of 13%. All four segments of the ZEISS Group contributed to this growth. The challenges posed by geopolitical tensions and the current weaker global economic situation have, however, intensified and impacted the segments to varying degrees.

Dr. Karl Lamprecht, President and CEO of the ZEISS Group (Quelle:ZEISS)
Dr. Karl Lamprecht, President and CEO of the ZEISS Group (Quelle:ZEISS)

"Overall, we ended fiscal year 2023/24 with a good result and revenue growth. At the same time, it was not possible for all areas to escape the impact of current developments on the global markets," said Dr. Karl Lamprecht, President and CEO of ZEISS. "Our success is based on our enormous innovative strength. To make sure it stays that way, we have spent a record 15% of revenue on research and development – and thus more than ever before – and also invested in the targeted expansion of personnel and infrastructure."

Segment development

Revenue (in million euros)

2023/24
2022/23
Change
(adjusted for currency effects)
Semiconductor Manufacturing Technology
4,122
3,555
16% (16%)
Industrial Quality & Research
2,369
2,295
3% (5%)
Medical Technology*
2,611
2,504
4% (7%)
Consumer Markets
1,666
1,624
3% (4%)

Hashtag: #ZEISS

The issuer is solely responsible for the content of this announcement.

Times Magazine

Will Travis Kelce follow the athlete silicone ring trend?

From the NFL to the All Blacks, professional athletes have been ditching metal for silicone rings. W...

The AI economy: How artificial intelligence is creating the jobs of tomorrow in Australia

Artificial intelligence has become one of the most discussed technologies of the decade, often acc...

Yoga and Tai Chi: Why Simple Movement Still Inspires Millions

In a world of high-intensity workouts, fitness technology and ever-changing exercise trends, two a...

Technology

Why Australian Enterprises Are Reth…

The corporate landscape in Australia has undergone a permanent structural shift over the past few ...

Local News

QLD Day

On Saturday 6 June, parkrun events across the state will be a sea of maroon, with communities  str...

Culture

Measles in Australia: Why This Highly Contagi…

Measles was once considered a childhood illness that had largely disappeared from Australia. Thank...

Travel

Byron Bay with Friends: Forget the Camping Ge…

There is something special about packing the car on a Friday afternoon and heading away with frien...

The Times Features

When you sell your life's work: how capital gains …

For many Australians, an investment property is the most familiar example of a capital gains tax e...

Where do cautious Australians invest? A guide to the ma…

For generations, Australians have been encouraged to invest for the future. The challenge is that ...

Weekend Property Tour: Discover Melbourne's Easter…

Melbourne's eastern suburbs offer one of Australia's most enjoyable weekend drives. From elegant i...