Slide 1: JENOPTIK AG – Financial Statements 2024
JENOPTIK AG – Financial Statements 2024 Dr. Stefan Traeger I Dr. Prisca Havranek-Kosicek | March 25, 2025 © Copyright Jenoptik. All rights reserved.
Slide 2: Disclaimer
Disclaimer This presentation can contain forward-looking statements that are based on current expectations and certain assumptions of the management of the Jenoptik Group. A variety of known and unknown risks, uncertainties and other factors can cause the actual results, the financial situation, the
Slide 3: Fiscal year 2024 at a glance
Fiscal year 2024 at a glance
Slide 4: Robust revenue and earnings growth in 2024
Robust revenue and earnings growth in 2024 − Revenue and EBITDA: growth and profitability in line with guidance − Order intake: below the prior year's figure − General market environment: has become more difficult − Organisation: further developed − Long-term growth prospects: remain intact 25.03.20
Slide 5: Fiscal year 2024 Group
Fiscal year 2024 Group
Slide 6: Order intake and order backlog below prior-year figure
Order intake and order backlog below prior-year figure Order intake in MEUR Order backlog in MEUR 1200 −5.9% 900 −10.1% 1,092.2 1,027.7 745.0 900 600 670.1 600 300 300 0 0 2023 2024 Dec. 31, 2023 Dec. 31, 2024 − Stable demand in semiconductor equipment area − Almost 82% to be converted to revenue in
Slide 7: EBITDA increased slightly more than revenue
EBITDA increased slightly more than revenue Revenue in MEUR EBITDA in MEUR 1200 4.7% 250 5.7% 1,115.8 1,066.0 200 221.5 900 209.6 150 600 100 300 50 0 0 2023 2024 2023 2024 − Revenue increase driven in particular by Advanced Photonic − EBITDA margin grew to 19.9% (prior year 19.7%) Solutions − Robus
Slide 8: Revenue growth mainly in Germany and Europe
Revenue growth mainly in Germany and Europe Revenue by region 2024 Revenue by region in million euros 2023 Europe 3% (without 333.4 +5.2% 317.0 16% Germany) 29% 318.3 Germany +16.9% 272.3 243.8 Americas +2.8% 237.2 22% 183.2 Asia/ Pacific 204.4 -10.4% 30% Middle East/ 37.1 Africa +5.8% 35.1 Middle E
Slide 9: Earnings per share up by almost 28 percent
Earnings per share up by almost 28 percent In million euros 2024 2023 Change in % − Gross margin influenced in particular by higher Revenue 1,115.8 1,066.0 4.7 depreciation/amortization and personnel costs (prior year: reversal of provision) Gross margin 33.4% 34.8% − Functional cost ratio amounted
Slide 10: Financial position and balance sheet ratios further improved
Financial position and balance sheet ratios further improved In million euros 2024 2023 Change in % Cash flows from operating 193.0 193.7 −0.4 activities before income taxes − Cash flows from operating activities influenced by improved EBITDA, stronger increase in working capital and Cash flows from
Slide 11: Financial statements 2024 Divisions
Financial statements 2024 Divisions
Slide 12: Advanced Photonic Solutions: robust increase in revenue and earnings
Advanced Photonic Solutions: robust increase in revenue and earnings Order intake in MEUR Revenue in MEUR EBITDA in MEUR 1000 − 1.7% 1000 5.6% 200 5.1% 800 800 160 191.9 182,6 866.8 826.5 812.8 821.2 600 600 120 400 400 80 200 200 40 0 0 0 2023 2024 2023 2024 2023 2024 − Order intake: stable demand
Slide 13: Smart Mobility Solutions: book-to-bill ratio continues to be above one
Smart Mobility Solutions: book-to-bill ratio continues to be above one Order intake in MEUR Revenue in MEUR EBITDA in MEUR 150 8.2% 150 0.6% 20 − 11.0% 120 120 16 122.9 118.8 119.5 90 113.6 90 12 15.3 13.6 60 60 8 30 30 4 0 0 0 2023 2024 2023 2024 2023 2024 − Order intake is subject to project busin
Slide 14: Non-Photonic Portfolio Companies: earnings strongly improved
Non-Photonic Portfolio Companies: earnings strongly improved Order intake in MEUR Revenue in MEUR EBITDA in MEUR 150 − 39.8% 150 4.0% 25 27.7% 120 147.1 120 20 22.5 121.1 125.9 90 90 15 17.6 88.5 60 10 60 30 30 5 0 0 0 2023 2024 2023 2024 2023 2024 − Order intake: weak demand, both in Automation and
Slide 15: Outlook
Outlook
Slide 16: Our Strategic Business Units
Our Strategic Business Units Semiconductor & Metrology & Smart Mobility Advanced Biophotonicss Production Solutions Manufacturing Solutions − Optical and micro-optical − Optical components for − Systems and service for − Camera systems and components for the life science & medical inspection, metrol
Slide 17: Reconciliation of group reporting structure
Reconciliation pf group reporting Structure as of Semiconductor Metrology & Global Group 1.1.2025 Smart Mobility Functions / & Advanced Biophotonics Production Solutions Prodomax Manufacturing Solutions HOMMEL Prodomax Structure until ETAMIC 31.12.2024 Smart Mobility Advanced Photonic Solutions Non-
Slide 18: Slow start and upturn in second half expected – Targets 2025
Slow start and upturn in second half of the year expected Targets 2025 − Revenue approx. at the prior-year level (+ / - 5%) (2024: 1,115.8 million euros) − EBITDA margin between 18.0 to 21.0 percent (2024: 19.9%) − Capital expenditure substantially lower than in prior year (2024: 114.6 million euros
Slide 19: Appendix
Appendix
Slide 20: Overview of quarters 2023 and 2024
Overview of quarters 2023 and 2024 In million euros Q1/2023 Q2/2023 Q3/2023 Q4/2023 2023 Q1/2024 Q2/2024 Q3/2024 Q4/2024 2024 Revenue 234.1 270.8 263.8 297.3 1,066.0 256.1 284.7 274.3 300.7 1,115.8 EBITDA 36.6 55.0 51.4 66.5 209.6 44.5 56.9 59.1 61.0 221.5 EBITDA margin in % 15.6 20.3 19.5 22.4 19.7
Slide 21: Key figures by segment 2024 – new group structure
Key figures by segment 2024 – new group structure Semiconductor & Metrology & Advanced Production Smart Mobility in million euros Manufacturing Biophotonics Solutions Solutions Group2) Revenue1) 491.8 222.2 222.2 119.5 1,115.8 EBITDA 139.9 29.5 26.3 13.6 221.5 EBITDA margin in % 27.9 12.7 11.8 11.4
Slide 22: Key figures by segment 2024 – new group structure
Key figures by segment 2024 – new group structure Semiconductor & Advanced Manufacturing Biophotonics in million euros Q1 Q2 Q3 Q4 in million euros Q1 Q2 Q3 Q4 Revenue1) 118.7 127.6 125.0 120.6 Revenue1) 50.7 56.6 53.4 61.6 EBITDA 35.5 36.8 39.0 28.5 EBITDA 4.6 4.5 8.0 12.4 EBITDA margin in % 29.6 2
Slide 23: Key figures by segment 2024 – new group structure
Key figures by segment 2024 – new group structure Metrology & Production Solutions Smart Mobility Solutions in million euros Q1 Q2 Q3 Q4 in million euros Q1 Q2 Q3 Q4 Revenue1) 47.9 55.8 53.1 65.4 Revenue1) 24.0 28.4 30.6 36.5 EBITDA 1.7 6.8 5.2 12.7 EBITDA 0.1 3.1 3.0 7.5 EBITDA margin in % 3.5 12.2
Slide 24: Dates and contact
Dates and contact 25.03.2025 Financial statements 2024 26.03.2025 Jefferies Conference, London 01.04.2025 Roadshow Frankfurt/Main 02.04.2025 Roadshow Paris 03.04.2025 HSBC Conference, Luxemburg 13.05.2025 Q1/2025 Andreas Theisen Sabine Barnekow https://www.jenoptik.com Head of Investor Relations Inv