JENOPTIK AG (ISIN: DE0006229107) will be represented again in the TecDax, the German technology index, from December 22, 2008. The Group fulfils the criteria of Deutsche Börse and will be included in the league of the 30 most important and liquid German technology companies (below the Dax) as a result of its market capitalization based on the free float and its exchange turnover. With a free float of almost 70 percent Jenoptik also meets the criterion of a minimum free float of 10 percent (so far 5 percent), which will be a precondition for being included in the index from December 22, 2008.
As a comprehensive optoelectronics group, Jenoptik divides its activities into five divisions: Lasers & Material Processing, Optical Systems, Industrial Metrology, Traffic Solutions and Defense & Civil Systems. Its customers around the world mainly include companies in the semiconductor and semiconductor equipment manufacturing industry, automotive and automotive supplier industry, medical technology, security and defense technology as well as the aerospace industry.
In particular in the current weak economic environment the optoelectronics group is profiting from its diversified activities in the five divisions, which ensure a higher stability than many peers are able to show. Many investors have honored this in the currently difficult capital market environment. The liquidity (shares traded per stock exchange trading day), in particular, has shown a markedly positive development over the recent months.
On the occasion of publishing its nine-month figures in November, Jenoptik had reaffirmed its forecasts for the current fiscal year with sales of just under 550 million euros and an EBIT of about 37 million euros for the whole year 2008. In the months from January to September the group was able to post an increase in sales of 6 percent compared with the same period in the previous year with a simultaneous rise in the group operating result of 16 percent. The order intake increased by 8 percent compared with the previous year.
Information about the TecDax
The German index TecDax was launched in March 2003. The technology index comprises the 30 largest and most liquid - in terms of free float market capitalization and trading volume - technology companies that are listed in the Prime Standard segment of the Frankfurt Stock Exchange. The ranking for the composition of the TecDax is made on a quarterly basis.
As a comprehensive optoelectronics group, Jenoptik divides its activities into five divisions: Lasers & Material Processing, Optical Systems, Industrial Metrology, Traffic Solutions and Defense & Civil Systems. Its customers around the world mainly include companies in the semiconductor and semiconductor equipment manufacturing industry, automotive and automotive supplier industry, medical technology, security and defense technology as well as the aerospace industry.
In particular in the current weak economic environment the optoelectronics group is profiting from its diversified activities in the five divisions, which ensure a higher stability than many peers are able to show. Many investors have honored this in the currently difficult capital market environment. The liquidity (shares traded per stock exchange trading day), in particular, has shown a markedly positive development over the recent months.
On the occasion of publishing its nine-month figures in November, Jenoptik had reaffirmed its forecasts for the current fiscal year with sales of just under 550 million euros and an EBIT of about 37 million euros for the whole year 2008. In the months from January to September the group was able to post an increase in sales of 6 percent compared with the same period in the previous year with a simultaneous rise in the group operating result of 16 percent. The order intake increased by 8 percent compared with the previous year.
Information about the TecDax
The German index TecDax was launched in March 2003. The technology index comprises the 30 largest and most liquid - in terms of free float market capitalization and trading volume - technology companies that are listed in the Prime Standard segment of the Frankfurt Stock Exchange. The ranking for the composition of the TecDax is made on a quarterly basis.
