Carl Zeiss Meditec achieves significant increase in sales and earnings in fiscal year 2018/19
(WorldNews Africa)

In fiscal year 2018/19, Carl Zeiss Meditec generated revenue of EUR1,459.3m, resulting in an increase of 13.9% (adjusted for currency effects: +11.7%) compared with the same period of the prior year (prior year: EUR1,280.9m). Earnings before interest and taxes (EBIT) rose significantly, to EUR264.7m (prior year: EUR197.1m). The EBIT margin was 18.1% (prior year: 15.4%). "This was a record year for Carl Zeiss Meditec AG, to which all business units and regions contributed," says Dr. Ludwin Monz, President and CEO of Carl Zeiss Meditec AG. Ophthalmology and Microsurgery continue to grow The Ophthalmic Devices strategic business unit (SBU) increased its revenue by 14.5 percent in the fiscal...