With solid growth dynamics across all four segments, ZEISS was able to maintain a high level of incoming orders and revenue in the first half of the new fiscal year.
- Half-year revenue again above the prior-year level
- All four segments have contributed to the growth
- Expenditure in research and development amounted to 14.5% of revenue
- High investment in future potential worldwide
- The number of employees increased by 6% to more than 40,000 for the first time
In the first half of the fiscal year 2022/23 (which ended on March 31, 2023), all four ZEISS sectors continued to see steady, double-digit growth. Half-year revenue was once again above the level of the previous year. All four segments have contributed to growth. Expenditure in research and development amounted to 14.5% of revenue. High investment in future potential worldwide. The number of employees increased by 6% to more than 40,000 for the first time. Revenue for the half year was 4,836 million euros, up 18% from the previous year. Earnings before interest and taxes (EBIT) were also higher than the good level of the previous year, rising 181 million euros from the previous year, reaching 917 million euros. The number of employees worldwide increased by 6% to 41,259, and expenditures on research and development reached 14.5 percent (of revenue).
“We are proceeding with the ZEISS Gathering’s dynamic development from the earlier year in the principal half of 2022/23,” said Dr. Karl Lamprecht, President and Chief of ZEISS. ” Our significant investments in global infrastructure and research and development are critical components of our long-term growth strategy and support the company’s positive development.
During the first half of the fiscal year 2022/23, each of the four ZEISS segments contributed to the growth. The strategic business units are experiencing varying effects as a result of the ongoing challenging geopolitical and macroeconomic conditions. The significance of diverse and resilient supply chains continues to rise.
In the main portion of this financial year, the direct-to-showcase sections kept a positive improvement in orders which surpassed the earlier year. This is because there is always a lot of demand for ZEISS solutions and products. The Clinical Innovation fragment accomplished an awesome half-year income, with the two key specialty units, Microsurgery and Ophthalmology, adding to this development. During the first two quarters of the current fiscal year, the Industrial Quality & Research segment also maintained its strong growth momentum. This was made possible by the strategic business units of Research Microscopy Solutions and Industrial Quality Solutions. In the first half of 2022/23, the Consumer Markets segment saw solid revenue growth thanks to a slightly improved but challenging market. Even though there is a slowdown in the semiconductor market right now, there is still a lot of strong revenue growth in the Semiconductor Manufacturing Technology segment because of the strong demand for its products.
To varying degrees, the regions contributed to the continued growth trajectory. The EMEA area worked on its development in income, and the AMERICAS and APAC locales likewise proceeded with their development in income.
The use for innovative work added up to 14.5% of income (702 million euros) in the main portion of 2022/23. It’s a new high here. Equity in the business grew to 7,460 million euros (30 September 2022: 7,173 million euros), and the value proportion was 56%. 569 million euros were invested in property, plant, and equipment.
Dr. Christian Müller, CFO of Carl Zeiss AG, stated, “The half-year results also demonstrate that ZEISS is in a very stable and financially strong position while continuing to invest heavily in the future.” This includes increasing capacities, such as building up infrastructure and personnel.
As of March 31, 2023, ZEISS had more than 41,259 employees, an increase of 6% from the beginning of the fiscal year and a total of over 40,000 worldwide for the first time.
Outlook
Perspective It is still difficult to predict how the global economic situation will develop because of the macroeconomic and geopolitical uncertainty.
“On the off chance that the business sectors stay stable, we accept that development will likewise go on in every one of the four ZEISS fragments in the final part of the financial year. We are currently looking to fill approximately 2,000 vacancies in Germany alone in order to continue to be able to support our customers worldwide with innovative solutions,” stated Lamprecht. “This growth is also reflected in our personnel requirements.”
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