ZEISS - tenth record-breaking year
Professor Michael Kaschke

ZEISS - tenth record-breaking year

December 16, 2019 Heather Barker Vermeer

The ZEISS Group continues its growth trajectory, with revenue and earnings reaching new heights for the  tenth consecutive year. Revenue grew by 11%, reaching 6.428 billion euros by end of September 2019, compared to the previous year's 5.817 billion euros. Incoming orders increased by 9%, reaching 6.575 billion euros for the first time.

"All ZEISS segments have developed extremely well. This is quite remarkable, especially in the midst of an uncertain economic climate and profound structural change in different industries," said president and CEO Professor Michael Kaschke. "ZEISS has consistently prepared for these scenarios and is well-positioned for the future...thanks to its corporate strategy, the ZEISS Agenda 2020. Moreover, as a global technology leader, ZEISS is on its way in many segments and areas to becoming a shaper in its markets.”

In 2018/19, the ZEISS Group generated approximately 90 percent of its revenue outside Germany. Acquisitions that contributed to the company's strong position during 2018/19 include IanTECH, a micro-interventional cataract surgery specialist headquartered in Reno, USA and GOM GmbH, a leading supplier of hardware and software for automated 3D coordinate measuring technology headquartered in Braunschweig, Germany.

As of the recent financial year end, ZEISS had a global workforce of 31,260 employees – with 17,950 outside Germany. The number of employees grew worldwide by 7%. In 2019, employees also shared in the company's success for the tenth year in a row, receiving a total of 42 million euros.

"The tenth record-breaking year in a row confirms that we are on the right track with our corporate strategy, the ZEISS Agenda 2020. This ongoing success also reflects the long-standing trust our customers and partners place in ZEISS," said Prof Kaschke.