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No.:<br />
Page:<br />
Date:<br />
29/2011<br />
4 of 5<br />
09.11.2011<br />
over the medium and long term. At the end of the 3 rd quarter 2011, sales at 130.5 million euros<br />
were up 4.1 percent on the same period in the previous year (prev. year 125.4 million euros). The<br />
segment EBIT totaled 5.8 million euros, up slightly on the figure for the previous year (prev. year 5.4<br />
million euros). The order intake recorded a sharp increase of 64.0 percent to 215.0 million euros<br />
(prev. year 131.1 million euros) and included several major orders, amongst others for the US<br />
American Patriot air defense missile system as well as for components and subsystems for the<br />
PUMA, the new armored fighting vehicle for the German Army. The growth in order intake was<br />
therefore at a markedly higher rate than that of sales, the order backlog as at September 30, 2011<br />
increased by 39.4 percent to 296.3 million euros (31.12.2010: 212.6 million euros).<br />
Outlook for 2011: Group EBIT for the full year 2011 is to exceed the<br />
figure of the previous year by more than 50 percent and come in at<br />
approx. 44 million euros.<br />
“The first nine months of our fiscal year have been successful. In addition, in the 3 rd quarter the<br />
economic environment had no significant impact on our business, apart from the anticipated return<br />
to the normal level of demand in our Optical Systems division,” said Michael Mertin, summarizing<br />
the situation.<br />
<strong>Jenoptik</strong> expects a continuation of the positive development in the operating business in the<br />
current 4 th quarter, although the development of business in the Lasers & Optical Systems segment<br />
is anticipated to continue returning to normal. Sales for the full year 2011 are expected to come in<br />
at approx. 525 million euros (prev. year 479 million euros excluding the discontinued business<br />
division). Thanks to the very good results in the first ten months of the current 2011 fiscal year<br />
<strong>Jenoptik</strong> now forecasts a Group EBIT for the full year 2011 of approx. 44 million euros. This<br />
corresponds to an increase of more than 50 percent. The comparison basis for the 2010 fiscal year<br />
is the Group EBIT, excluding the discontinued business division, in the sum of 29.0 million euros. As<br />
a result of the very good 1 st quarter 2011, in May 2011 <strong>Jenoptik</strong> had already raised the original<br />
forecast results announced in March 2011. All three segments are expected to contribute to the<br />
improvement in the results.<br />
<strong>Jenoptik</strong> Chairman Michael Mertin: “On the earnings side, in 2011 we will post the best fiscal year<br />
in the recent history of <strong>Jenoptik</strong>. With our new financing and the investment decisions we have<br />
taken we are also optimistic for the 2012 fiscal year despite the current general economic<br />
uncertainties.<br />
Note: The figures of the previous year (except for the cash flow) for the Group and the Defense &<br />
Civil Systems division have been adjusted for the discontinued business division.
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