ZEISS GROUP reports record revenue
ZEISS Group revenue has risen to over 10 billion euros (10.108 billion euros) for the first time in the company’s history (up 15% compared to the prior year) – EBIT at 1.7 billion euros (up 98 million euros compared to the prior year). ZEISS is investing record sums in research & development (R&D), infrastructure and the transformation of the company, it reported.
The ZEISS Group was able to continue its dynamic revenue growth with a growth rate at the very high level of the prior year. In fiscal year 2022/23 (reporting date: 30 September 2023), revenue rose to over 10 billion euros for the first time in the company’s history (prior year: 8.8 billion euros, up 15%). Earnings before interest and taxes (EBIT) were also up on the previous year at 1.7 billion euros (prior year:1.6 billion euros). All four segments of the ZEISS Group contributed to this growth despite the challenging market environment.
“We can look back on another very successful fiscal year. To be able to continue on this dynamic growth path in the future, we need to set the right course now. We are doing this by investing huge sums in our further development”, said Dr. Karl Lamprecht, President and CEO of ZEISS. “Our success is based on our distinctive innovative strength. To ensure this continues, we have invested 15% of revenue in research and development, personnel development and infrastructure – more than ever before.”
ZEISS GROUP’S RESULTS IN ITALY
In Italy, the ZEISS Group closed a highly satisfying year with overall double-digit growth, thanks to the positive contribution of all four Business segments, achieving its best ever sales results in the country as well.
It should be noted that in addition to a 14 percent growth in the Medical Technology and Industrial Quality & Research divisions, the Vision Care division, which is headquartered in Castiglione Olona (VA), exceeded 100 Million in sales in the last fiscal year.
As Michele d’Adamo, CEO of the ZEISS Group in Italy, explains, “These results, even in a very uncertain macroeconomic context, are the result of a differentiation strategy based on a constant push for product and service innovation and the increasing digitalization of our activities.”