Aug 08, 2019 / 12:30PM GMT
Operator
Good afternoon, ladies and gentlemen. Welcome to the Jenoptik Conference Call regarding the interim financial statements for the first half of 2019. (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
Thank you very much, and a warm welcome from my end as well. Here, we will turn to our Q2 H1 earnings call. With me today, as always, is Hans-Dieter Schumacher, our CFO.
The second quarter has seen, from our perspective, acceleration in sales actually and quite a bit of margin expansion. The isolated quarter has been up EUR 15 million in sales versus Q1 of the year and plus 2.2% growth we have seen in sales versus the second quarter 2018. Margin in the business has expanded in the quarter by 15 bps, and we have seen an EBITDA margin of 15.2% in the Q2. As a result, the first half of 2019 is now essentially flat in sales. We have seen a bit of margin contraction, 15 basis points to now 14.1%. It has to be [said] that the second
Q2 2019 Jenoptik AG Earnings Call Transcript
Aug 08, 2019
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