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FRANKFURT (Dow Jones) – Carl Zeiss Meditec earned significantly less in the second quarter despite slightly higher sales. As the medical technology group announced, the net result in the three months at the end of March fell to 25.1 million from 29.4 million euros. Earnings before interest and taxes fell to 45.7 million from 62.3 million euros.
The company had already reported the slight increase in sales to 345 (previous year: 344) million euros in the three months at the beginning of April. A month ago, the company had also withdrawn its outlook for the business year due to the negative effects of the corona pandemic.
According to the semi-annual report from Monday, the company from Jena continues to expect “significant adverse effects on business development” for the second half of the business year. A reliable forecast of the business development for the business year 2019/20 at the end of September is still not possible at the moment. For this reason, no concrete outlook can be given.
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(END) Dow Jones Newswires
May 11, 2020 01:26 ET (05:26 GMT)