The 79 Jenoptik Group is confident of its prospects for the 2015 fiscal year. Based on a major order and project pipeline as well as positive effects resulting from the acquisition of 604 Vysionics, the UK traffic solutions specialists, the executive board is anticipating substantial growth in 2015.
Group revenue is expected to come in at between US$797 and US$846 million in the next fiscal year. In addition results from the continuing Group development projects will positively impact on the quality of earnings. The operating earnings margin (EBIT margin) is expected within the range of 8.5 to 9.5 per cent. The company is also forecasting an above-average growth in EBITDA (earnings before interests, taxes, depreciation, and amortisation).
“2015 will see our return to successful growth; we expect substantial improvements in revenue and earnings, which a good order backlog in all three segments, together with our most recent acquisition in the traffic safety sector, will help to achieve. Customer feedback is also consistently positive and we are seeing growth momentum in our markets. Additional benefits will come from our activities in the focus regions of Asia and America. Furthermore, we will continue to seek value-adding acquisitions which boost our core business and extend our global presence,” says Jenoptik president and CEO, Michael Mertin.
Group revenue is expected to come in at between US$797 and US$846 million in the next fiscal year. In addition results from the continuing Group development projects will positively impact on the quality of earnings. The operating earnings margin (EBIT margin) is expected within the range of 8.5 to 9.5 per cent. The company is also forecasting an above-average growth in EBITDA (earnings before interests, taxes, depreciation, and amortisation).
“2015 will see our return to successful growth; we expect substantial improvements in revenue and earnings, which a good order backlog in all three segments, together with our most recent acquisition in the traffic safety sector, will help to achieve. Customer feedback is also consistently positive and we are seeing growth momentum in our markets. Additional benefits will come from our activities in the focus regions of Asia and America. Furthermore, we will continue to seek value-adding acquisitions which boost our core business and extend our global presence,” says Jenoptik president and CEO, Michael Mertin.
