ZEISS’s semiconductor business revenue grew by 7% year on year basis in 2018-19 fiscal year

Reports suggest that the Zeiss Group has achieved revenue of 6.428 billion euros in the 2018-19 fiscal year that ended on 30th September 2019. The revenue increased 11% year on year basis. Out of the net revenue, semiconductor business revenue reached 16.34 billion euros (approximately RMB12.7 billion). It increased at 7% year on year basis.

Zeiss commented that in the 2018-19 fiscal year, it’s all four business units (Industrial Quality and Research, Medical Technology, Optical Consumer Goods Market and Semiconductor Manufacturing Technology) have achieved strong growth.

Zeiss said that due to the introduction of EUV (Extreme Ultraviolet Lithography) technology in the semiconductor unit, its business achieved good economic benefits in the form of record-high revenue.

ZEISS's semiconductor business revenue grew by 7% year on year basis in 2018-19 fiscal year
ZEISS semiconductor business

EUV is a next-generation lithography technology that uses extreme ultraviolet (EUV) wavelengths. The wavelength is of 13.5 nanometers.

As per reports, in the 2018-19 fiscal year, almost 90% revenue of ZEISS Group came from markets outside Germany. Revenue from the Asia-Pacific market increased by 15% while revenue from Europe, Middle East and Africa grew by 8% and revenue from America rose by 2%.

On the contrary, it must be noted that in this period, ZEISS has also raised its spending on research and development. It is increased by almost 10%. In the 2018-19 fiscal year, R & D investment was at 705 million euros as against 642 million euros of the previous fiscal year.

According to the 30th September 2019 data, Zeiss has a net current asset of 1.548 billion euros which is lower than the 2.12 billion euros of the previous fiscal year. This is because of its acquisition activities. During this period, the company completed the acquisition of US-based IanTECH, Germany based GOM and SAXONIA Systems AG. It also invested in Germany based startup Senorics.