The revenues of Carl Zeiss Vision increased by only 0.2 percent to €881 million in the financial year ended last Sept. 30. The Carl Zeiss group, which is taking full ownership of CZV, saw its overall sales jump by 42 percent to $2.98 billion, thanks mainly to a 207 percent surge to $1,187 million in the area of semiconductor technology, which became its largest business unit.
Officials of CSV declined to comment on the unit's performance. The group also reported a 52 percent jump in incoming orders, driven by a 279 percent increase in semiconductors. Orders for consumer optics and optronics, whose sales rose by 3 percent to €312 million in the past year, are down by 21 percent.
On the other hand, the group's management said that all the business units were profitable last year. The group's overall operating profit (Ebit) reached €423 million, against a loss of €67 million in the previous year. Cash flow increased to 17 percent of sales from 4 percent. The equity ratio rose by four percentage points to 33 percent.
Zeiss was evidently able to reverse the trend of the previous year, which was seriously affected by the global economic crisis.Because of the company's financial successes, its employees will get a wage increase of 2.7 percent as of Feb. 1, two months ahead of schedule. They will also be entitled to supplementary grants and annual bonuses. They will receive three extra payments through the end of this year: The Christmas bonus and an extra vacation payment that was not paid in 2009, will be repaid this year. On top of that, an annual bonus of €1,900 (pre-tax) will be given to each employee.