Jena, Germany--Jenoptik remained on track in the first half of 2013, gaining momentum in Q2 2013 thanks to increased demand in markets outside Europe and initial positive signals in the business with the semiconductor industry.
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Order intakeâincluding major orders in the Metrology and Lasers & Optical Systems segmentsâshowed a positive trend during the course of the first half of 2013, increasing by 12.8% in the period covered by the report to $199.3 million and rising approx. $23.8 million over the previous quarter. In the first half of 2013, the company generated an order intake of $373.9 million, the same as in the previous year and at the same level as sales for the period.
The company also reported an improvement in sales in the second quarter, up 3.8% to $201 million. A positive trend over both quarters enabled the company to increase sales in April through June by approximately $26.5 million over the start of the year. At $376.1 million, sales in the first six months of 2013 equaled the $376.3 achieved in the previous year. The Metrology segment remained the growth driver, with increased sales by 13.1% compared with the previous year. The company's internationalization strategy is taking effect, as approximately 65% of sales were generated abroad (64.9% for the previous year); there was a particularly strong rise in sales in America and the Middle East/Africa.
At the end of the first half of 2013 the company had 3,346 employees, showing a 2.3% rise over the 3,272 employees on Dec. 31, 2012. The increase mainly results from the initial consolidation of foreign companies. Around 14% of the workforce is employed abroad.
Based on the positive trend in business development year-to-date, the company's Executive Board reaffirms its forecasts and anticipates a slight 5% increase in sales for FY 2013. Depending upon the course of the semiconductor cycle and the development of demand from the automotive industry, particularly in the second half of 2013, earnings before interest and tax achieved in the operating business should come in between $66.3 and $72.9 million.
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