Zeiss is currently investing more than 350 million euros at a new site in Jena. (picture alliance / dpa)
Technical innovations and high demand abroad have brought the German optics and electronics group Carl Zeiss record sales and earnings. Despite the coronavirus pandemic, the company increased its revenues by one-fifth to around 7.5 billion euros in the fiscal year 2020/21, which closed at the end of September, the executive board announced on Wednesday at its headquarters in Oberkochen, in the southern German state of Baden-Württemberg. Around 90 percent of sales were generated outside of Germany.
The board was also optimistic about the new fiscal year that began in October - despite risks to the stability of supply chains. "The very good results of the fiscal year suggest that all Zeiss divisions will be able to continue on their growth course in the long term," the board said.
Zeiss is one of Germany's long-established traditional companies. This year marked the 175th anniversary of its founding in Jena, in the eastern German state of Thuringia. Zeiss is currently investing more than 350 million euros at a new site in Jena for subsidiaries with more than 2,000 employees, including the MDAX-listed company Carl Zeiss Meditec AG.
Acquisitions have included 3D software solutions for the microscope business and a sales company for solutions in optical 3D measurement technology. The Zeiss Group now employs more than 35,000 people - an increase of 10 percent on the previous year.
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