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Zeiss: Double-digit revenue growth in first half of fiscal year

Zeiss: Double-digit revenue growth in first half of fiscal year
Zeiss: Double-digit revenue growth in first half of fiscal year

The Zeiss Group was able to continue its double-digit growth despite a challenging market environment in the first half of fiscal year 2023/24. The company continues to drive its investment strategy and transformation into a data- and process-driven organization.

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In the first half of the fiscal year, the Zeiss Group generated revenue totaling 5,304 million euros (ended 31 March 2024), which is an increase of 10% as compared to the previous year. All four segments of the Zeiss Group contributed to this. Earnings before interest and taxes (EBIT) totaled 739 million euros (-178 million euros compared to the previous year). Expenditure on research and development remained at 15% of revenue. The number of employees increased to 44,558.

“Despite the challenging market environment, we were able to maintain double-digit revenue growth in the first half of fiscal year 2023/24,” said Dr. Karl Lamprecht, President and CEO of Zeiss. “Our consistently high expenditure on research and development as well as the investments in the company’s transformation and our global infrastructure are central elements of our sustainable growth strategy. They ensure the future viability and positive development of the company.”