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Carl Zeiss Meditec reports increased revenue for 2017/2018

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Carl Zeiss Meditec reported revenue of 1,280.9 million euros for fiscal year 2017/2018, an increase of 7.6% over the previous year’s revenue of 1,189.9 million euros.

Earnings before interest and taxes increased from 180.8 million euros to 197.1 million euros, according to a press release.

Revenue in the ophthalmic devices business unit increased by 6% from 880.5 million euros to 933.3 million euros for the year. The microsurgery business unit increased by 12.3% to 347.6 million euros compared with 309.4 million euros.

Revenues in each world region were up, with the Americas region increasing 7.5% to 406.5 million euros, the Asia-Pacific region growing 10.7% to 496.3 million euros, and the Europe, Middle East and Africa region seeing an increase of 4% to 378.1 million euros.