Q4 2018 Jenoptik AG Earnings Call Transcript

Mar 21, 2019 / 01:30PM GMT
Operator

Good afternoon, ladies and gentlemen, and welcome to the Jenoptik conference call regarding the financial statements 2018. (Operator Instructions)

Let me now turn the floor over to your host, Dr. Stefan Traeger.

Stefan Traeger - Jenoptik AG - Chairman of the Executive Board, President & CEO

Yes, thank you very much, and a warm welcome from our end here to everyone on the call. Welcome to our earnings call 2018. With me today here in Jena is Hans-Dieter Schumacher, our CFO, who later on is going to go into the details around our numbers.

Let me kick it off with saying that 2018 has been another record year for our company really. We've posted the sales close to 11.6%. The group posted sales of EUR 834.6 million in the financial year 2018. And at the same time, we managed to expand our margins considerably. Our EBITDA has been at EUR 127.5 million, which is an equivalent of 19.3% more than prior year. Margins of our business came to 15.3% EBITDA of sales. Prior year margin had been 14.3%. So from a financial perspective, 2018 certainly had

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