Jenoptik AG Postpones 2025 Financial Targets Amid Semiconductor Industry Uncertainty

Jenoptik AG, a key player in the semiconductor equipment industry, has announced a delay in its anticipated sector upturn. The company has decided to postpone its 2025 financial targets by a year, attributing this shift to ongoing market uncertainties. Despite these challenges, Jenoptik has maintained its revenue and earnings forecast for 2024, thanks to a robust order backlog. The group anticipates a mid-single-digit percentage growth in revenue, although order intake might slightly dip compared to 2023.

Previously, Jenoptik aimed for revenue of approximately 1.2 billion euros and an EBITDA margin of 21 to 22 percent for 2025. These goals are now realigned for achievement in 2026 due to the delayed sector recovery. Importantly, potential portfolio adjustments have not been factored into these forecasts. The company is set to release its business figures for the first nine months of the year on November 12, 2024.