Brief: Carl Zeiss Meditec Expects 2023/24 EBIT To be Around Prior Year's Level

Carl Zeiss Meditec AG

09/02/2024 06:09

Feb 9 (Reuters) - CARL ZEISS MEDITEC AG  AFXG.DE :
    * ACHIEVES SLIGHT REVENUE GROWTH IN FIRST QUARTER OF 2023/24
    * Q1 ORDER BACKLOG NORMALIZED TO AROUND EUR 315M
    * COMPANY GENERALLY EXPECTS TO SEE FURTHER MARKET GROWTH IN
COMING
YEAR 23/4
    * EBIT FOR FISCAL YEAR 2023/24 AS A WHOLE IS EXPECTED TO BE
AROUND
PRIOR YEAR'S LEVEL
    * REVENUE IS EXPECTED TO GROW AT LEAST IN LINE WITH MARKET
GROWTH
FY 23/4
    * A GRADUAL RECOVERY OF EBIT MARGIN IS EXPECTED IN FURTHER
COURSE
OF YEAR
    * EBIT MARGIN IN FIRST THREE MONTHS OF FISCAL YEAR 2023/24
WAS
9.2% (PRIOR YEAR: 12.8%)

Source text for Eikon:  ID:nEQ2dcBNSa 
Further company coverage:  AFXG.DE 

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