Results of the first quarter 2002
Jenoptik Group sales up 11.8 percent in the first quarter of 2002.
Although the Clean Systems business division achieved sales of more than one billion euros in the fourth quarter of 2001 and the first quarter of 2002, the Jenoptik Group's order backlog has nearly remained at last year's first-quarter level, falling 8% to 2 billion euros. The Jenoptik Group was not fully able to match its high order intake total of the previous first quarter, with order intake falling 9.5% to 549.9m euros.
The net income and the group operating income were strongly influenced by extraordinary items over the first quarter of 2001. This included a non-recurring contribution to operating income from the sale of MicroLas GmbH to Lambda Physik AG. This other operating income and the income from the sale of all CyBio shares held by DEWB AG led to an unusually high level of operating income and group net income for that period last year. Group operating income in the first quarter of 2002 amounted to 4.3m euros (2001: 48.1m euros). The group's net income was also negative at 7.6m euros (2001: 39.9m euros).
Following the first quarter of 2002, the Jenoptik Group is continuing to hold fast to the goals. After two successful fiscal years in 2000 and 2001, both with sales increases of more than 25% each, Jenoptik anticipates sales figures in 2002 to remain approximately at the level of 2001. Net income excluding extraordinary items is expected to fall slightly below last year's figures, provided that all projects are completed in time to meet deadlines and to be included into accounts by December 2002. The Clean Systems business division orders accounted for in 2002 will have only narrow profit margins due to strong price competition.