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Jenoptik Confirms 2025 Slide, Targets Return to Growth in 2026

Management says cost cutting preserved profitability in a difficult market.

Overview

  • Revenue fell about 6% in 2025 to €1.05 billion, with order intake down roughly 3% to €1.0 billion.
  • Weak demand from semiconductor equipment customers and the automotive sector drove the decline.
  • A cost-savings program maintained profitability and reduced net debt, and the company also cut jobs.
  • Leaders expect sales to rise in 2026, pointing to improved early-year demand and larger announced datacenter investments supporting semiconductor equipment.
  • CEO Stefan Traeger presented the results for the last time after his planned departure, the supervisory board has an interim chair, and the search for a new chief executive continues.