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Marked growth in sales and results by the continuing business divisions as of the end of the 3rd quarter 2006.

With nine month sales of 344.3 million euros the Jenoptik Group recorded a 19.3 percent increase compared with the same period in the previous year (prev. year 288.6m euros) with its continuing business divisions.

The EBITDA of the continuing business as of the end of the 3rd quarter 2006, at 46.7 million euros, was also markedly up on the previous year (prev. year 39.1m euros). The result from operating activities of the continuing business divisions rose by 20.7 percent to 24.2 million euros (prev. year 20.0m euros), the EBIT margin increased slightly to 7.0 percent (prev. year 6.9%). The earnings after tax of the continuing business divisions of the Jenoptik Group totaled 11.8 million euros compared with 10.0 million euros in the same period in the previous year. The order intake of the continuing business divisions surpassed the level for the previous year by 3.8 percent to 346.5 million euros (prev. year 333.9m euros). The order backlog remained almost constant at 436.1 million euros as against December 31, 2005 (as of December 31, 2005: 438.7m euros) primarily as a result of the expansion of sales.

Net debt was also further reduced to 211.1 million euros compared with 375.5 million euros as of the end of the 2005 fiscal year. The payment of the purchase price for the Clean Systems business division which was sold in the 2nd quarter, had a positive effect. Disposals of assets not required for operational purposes further reduced net debt in the third quarter. The balance sheet total of the Jenoptik Group reduced to 885.3 million euros (as of December 31, 2005: 1,508.3m euros) as a result of the sale of the Clean Systems business division. The shareholders’ equity reduced by 13.1 million euros to 301.3 million euros (as of December 31, 2005: 314.3m euros). This is essentially the result of the reduction in the minority interests following the sale of M+W Zander. The positive nine month result had an opposite effect. The shareholders’ equity ratio improved significantly as a result of the reduction in the balance sheet to 34.0 percent (as of December 31, 2005: 20.8%).

The sales of the Jenoptik Group - excluding the discontinued business division - are expected to slightly exceed the 450 million euro mark in 2006 following the initial consolidation of acquisitions and smaller R+D project companies. Jenoptik will endeavour to achieve the same quality of results achieved in previous years by the Photonics business division. The result from operating activities before holding costs should therefore be between 38 and 44 million euros. The Jenoptik Executive Board reaffirms its forecasts published in the first half-year 2006 that the result for the full-year 2006 might come in at the upper end of the range.

 Figures in million euros  9M/2006  9M/2005
 Group sales*  861.3  1,360.7
 Of which continuing business divisions  344.3  288.6
 Group EBIT*  36.9  28.2
 Of which continuing business divisions  24.2  20.0
 Group earnings after tax*  14.0  -2.2
 Of which continuing business divisions  11.8  10,0

     * (with discontinued business division up to the date of its deconsolidation during the second quarter 2006)


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