Annual Report 2023

In 2023, Jenoptik continued the successful development of prior years, once again growing profitably with revenue up by 8.7 percent to 1,066.0 million euros and an EBITDA margin of 19.7 percent. After years of increased external growth through acquisitions that have expanded the portfolio in its core markets, the Group’s strategic focus is now primarily on organic growth. Jenoptik considers itself to be very well positioned here and has set itself a number of goals as part of the “More Value” strategic agenda with defined medium-term goals up to the year 2025.

The fiscal year 2023 at a glance

Jenoptik performed very well in the fiscal year 2023, with growth driven by its photonics business, especially in the semiconductor equipment sector.
The Group has significantly improved its financial and balance sheet ratios with an equity ratio of 54.2 percent, net debt of 423.1 million euros, and a leverage of 2.0.
Due to the strategic focus on organic growth in the three core markets of semiconductor & electronics, life science & medical technology, and smart mobility, Jenoptik is significantly expanding its production capacities.
With our products and solutions we contribute as “enabler” to increase the efficiency and precision of our customers' products and processes as well as to a better conservation of resources and more sustainability. Jenoptik is thus making an important contribution to meet social and climatic challenges.
Guidance: Based on the high order backlog in the fiscal year 2023 and ongoing promising developments in the core photonics businesses, especially in the semiconductor equipment sector, the Executive Board is optimistic that it will achieve further profitable growth in the fiscal year 2024.