LINOS AG: revenue and earnings in the 2008 fiscal year only expected to reach the previous year's level
The main reasons for this are a further decrease in the revenues expected in the semiconductor equipment operations and the postponement of orders in the defence segment until 2009. It is unlikely to be possible to compensate for the shortfall in developments in the Industrial Manufacturing and Information Technology & Communications business divisions compared with the forecasts to date by the growth that continues to be expected in the Health Care & Life Sciences business division. As was already indicated at the end of the first half of the year, it is increasingly difficult to assess the development of the market in the semiconductor sector in particular, because the sales forecasts on the relevant individual markets do not as yet provide any sound indication of whether they have bottomed out.
LINOS AG is a manufacturer of sophisticated optical systems that operates all over the world. In line with the corporate principle "Photonics for Innovation", LINOS is a development partner and supplier for customers in such growth markets as lasers, optical metrology, medicine, biotechnology and semiconductors. The company is listed in the General Standard index at Frankfurt Stock Exchange and joined the Qioptiq Group, which is an international leader in the design and production of high-precision optical components and modules for military and commercial applications, in June 2007. LINOS has about 800 highly qualified staff at the locations in Göttingen, Munich, Regen and Warsaw, and generated revenue of EUR 94 million in 2007. www.linos.de.