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Jenoptik raises its forecast for the Group operating result 2011 to approx. 44 million euros. Sales now forecast to come in at approx. 525 million euros

(PresseBox) (Jena, ) The Executive Board of JENOPTIK AG again raises the EBIT forecast for 2011 to now approx. 44 million euros. Over the comparable figure of 29.0 million euros in the previous year this is an increase of more than 50 percent. The basis for the increase was the recent analysis of the business development made in all three segments. Jenoptik had originally expected a Group EBIT of more than 35 million euros (March 2011) and than 40 million euros (May 2011). The sales forecast for the whole year 2011 is also raised to approx. 525 million euros (before more than 510 million euros). With this result, the management expects to post the best fiscal year on the earnings side in the recent history of Jenoptik.

The forecast has been increased as a result of the very good order and earnings development in the first ten months 2011 thanks in particular to the high demand from the semiconductor industry in the Lasers & Optical Systems segment as well as from the automotive industry in the Metrology segment. Jenoptik expects a continuation of the positive development in the operating business in the current 4th quarter, although the development of business in the Lasers & Optical Systems segment is anticipated to continue returning to normal.

Tomorrow, on November 9, 2011, the Jena-based optoelectronics group will publish detailed figures for the first nine months 2011.