Carl Zeiss Meditec : Q1 review – a weaker start as expected
>Q1 revenues ahead of expectations - Q1 2022-23 revenue was € 470.3m (+14.6% y-o-y) driven by CC growth of 12.1% and a forex tailwind of 250bp. Revenue beat expectations by 2%/4% for ODDO BHF/consensus. Both, ophthalmic devices and microsurgery grew robustly by 15% and 13% and beat expectations. The supply chain situation for the ophthalmic equipment business is still described as challenging. Q1 – a weaker bottom line - EBIT was € 60.3m (-19% y-o-y,...Carl Zeiss Meditec is a holding company. Co.'s businesses are focused on two primary areas: Ophthalmology and Microsurgery. In Ophthalmology, Co.'s operations are divided in to two strategic business units: Ophthalmic Systems, which includes a range of laser and diagnostic systems for ophthalmology; and Surgical Ophthalmology, which consists of activities in the field of ophthalmic implants and consumables. In Microsurgery, Co. provides surgical microscopes and visualization solutions, e. g. for ear, nose and throat surgery, or neurosurgery. These products are mainly used to assist with the removal of tumors, as well as the treatment of vascular diseases and functional disorders.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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