Jenoptik Ag · XETR:JEN
Jenoptik — Q1 2026 Earnings Presentation
14 slides from Jenoptik's earnings presentation, May 12, 2026
Slide 1: JENOPTIK AG – First quarter 2026
JENOPTIK AG – First quarter 2026 Dr. Prisca Havranek-Kosicek | May 12, 2026 © 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: First quarter 2026
First quarter 2026
Slide 4: OEM businesses drive significant increase in order intake
OEM businesses drive significant increase in order intake Business development: Semiconductor & Advanced Manufacturing − Substantially higher demand in OEM business, in particular in the semiconductor equipment industry − Revenue slightly down on prior year, as expected − EBITDA margin significantly
Slide 5: Highest quarterly order intake in years supported by single major order, amongst other things
Highest quarterly order intake in years supported by single major order, amongst other things Order intake in MEUR 400 74.4% 356.9 300 In million euros Q1/2026 Q1/2025 Change in % Semiconductor & Advanced Manufacturing 180.2 68.6 162.7 200 Biophotonics 73.9 44.7 65.5 204.6 Metrology & Production Sol
Slide 6: Q1/2026: revenue still slightly below prior year
Q1/2026: revenue still slightly below prior year Revenue in MEUR 300 − 1.0% 243.6 241.2 In million euros Q1/2026 Q1/2025 Change in % 200 Semiconductor & Advanced Manufacturing 108.2 100.9 7.2 Biophotonics 56.8 63.8 –10.9 100 Metrology & Production Solutions 39.1 40.6 –3.7 Smart Mobility Solutions 31
Slide 7: EBITDA margin increased to 18.4% compared to modest prior-year level of 14.9%
EBITDA margin increased to 18.4% compared to modest prior-year level of 14.9% EBITDA in MEUR 50 22.5% EBITDA in million euros EBITDA in % 40 44.4 Q1/2026 Q1/2025 Q1/2026 Q1/2025 30 36.2 Semiconductor & Advanced Manufacturing 33.7 21.4 30.6 20.5 20 Biophotonics 12.5 15.6 21.9 24.4 Metrology & Product
Slide 8: Earnings figures clearly above modest prior-year level
Earnings figures clearly above modest prior-year level In million euros Q1/2026 Q1/2025 Change in % Revenue 241.2 243.6 −1.0 − Gross margin influenced in particular by higher contribution of Semiconductor & Advanced Gross margin 35.4% 30.9% Manufacturing Functional costs − Functional cost ratio amou
Slide 9: Free cash flow impacted by increase in working capital; financial position remains very strong
Free cash flow impacted by increase in working capital; financial position remains very strong In million euros Q1/2026 Q1/2025 Change in % Cash flows from operating − Cash flows from operating activities impacted by 28.7 54.9 −47.7 activities before income taxes increase (prior year: reduction) in
Slide 10: Outlook
Outlook
Slide 11: Revenue and margin guidance for 2026 confirmed
Revenue and margin guidance for 2026 confirmed Semiconductor & Advanced Manufacturing Targets 2026 − Revenue increase in single-digit percentage range (2025: 1,046.0 million euros) Biophotonics − EBITDA margin between 19.0 and 21.0 percent (2025: 18.4%) − Investments slightly below prior year (2025:
Slide 12: Appendix
Appendix
Slide 13: New organizational and reporting structure
New organizational and reporting structure Semiconductor & Metrology & Smart Mobility Advanced Biophotonics Production Solutions Manufacturing Solutions − Optical and micro-optical − Optical components for − Systems and service for − Camera systems and components for the life science & medical inspe
Slide 14: Dates and contact
Dates and contact 12.05.2026 Publication Q1/2026 13.05.2026 UBS Conference, London 19.05.2026 Berenberg European Conference, New York 21.05.2026 Bernstein Conference, Nice 09.06.2026 Annual General Meeting 2026 16.-17.06.2026 Roadshow Benelux / Paris Andreas Theisen Sabine Barnekow https://www.jenop