When comparing the quality of forecasts Jenoptik is one of the best of 24 quoted companies, examined by “Nebenwertejournal”, a German magazine for small and midcap investors.
With only one point being deducted the optoelectronic group positioned itself as one of those companies, which provide credible and reliable information for investors. Quoted companies make forecasts every year in the context of publishing the annual reports.
The forecasts include information on expected sales, earnings and further financials and figures such as capital expenditure, R&D expenses or the number of employees for the current and the following financial year. The quality of the forecast can be seen at the end of each financial year.
The journal examined to what extent the forecasts of the companies for 2010 were correct.