Issue: August 2016
August 24, 2016
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Zeiss reports revenue increase in first 9 months of fiscal year

Issue: August 2016

Carl Zeiss Meditec reported a 6.7% increase in revenue in the first 9 months of its fiscal year, according to a press release.

Revenue totaled 798.6 million. Earnings before interest and taxes totaled 110.5 million, up from 89.5 million in the same period a year ago. Earnings per share were 0.83, up from 0.64 the previous year.

Revenue in the Ophthalmic Systems unit totaled 304.9 million, an increase of 7.5% over the 283.5 million total reported in the same period the previous year. Revenue in the Surgical Ophthalmology unit totaled 280.8 million, an 8.6% increase compared with 258.5 million in the same period a year earlier. Microsurgery revenue increased 3% to 212.8 million.

Revenue in the Asia-Pacific region totaled 278.7 million, an increase of 20.3% over 231.6 million the previous year. The increase in the Asia-Pacific region was mainly attributed to China, Southeast Asia and South Korea. Totals remained stable in the Japanese market.

In the Americas region, revenue totaled 257.3 million, an increase of 0.9% from 255.2 million a year earlier. Revenue in the Europe/Middle East/Africa region increased 0.2% to 262.5 million.