Jenoptik AG : Q3 2024 results below expectations on orders/revenue, above on profitability, FY 2024 outlook reiterated
>Q3 2024 results below expectations on orders/revenue, above on profitability - This morning, Jenoptik reported Q3 2024 results which were below expectations on orders/revenue, but above on profitability. Revenues were € 274.3m, below the company-compiled consensus at € 279.4m. EBITDA was € 59.1m giving a margin of 21.5%, above the consensus at €56.2m and 20.1%. EBIT came in at € 40.9m, i.e. a margin of 14.9%, above the consensus at € 37.8m and 13.5%. EPS was € 0.46, ...Jenoptik is a holding company. Through its subsidiaries, Co. is an optoelectronics group engaged in the production of range of products including original equipment manufacturer or standard components, modules and subsystems through to systems and production lines for numerous sectors. Co.'s operating business is organized in the following three operating segments: Laser & Optical Systems, Metrology, and Defense & Civil Systems. The operating business within the segments is further subdivided into five divisions: Lasers & Material Processing, Optical Systems, Industrial Metrology, Traffic Solutions, and Defense & Civil Systems, each of which are subdivided into several business units.
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