Jenoptik AG (XTER:JEN)

€ 22.22 -0.26 (-1.16%) Market Cap: 1.29 Bil Enterprise Value: 1.71 Bil PE Ratio: 15.19 PB Ratio: 1.37 GF Score: 88/100

Q1 2019 Jenoptik AG Earnings Call Transcript

May 09, 2019 / 12:30PM GMT

Transcript

Operator

Good afternoon, ladies and gentlemen, and welcome to the Jenoptik conference call regarding the results of the first quarter of 2019. (Operator Instructions). Let me now turn the call over to your host, Dr. Stefan Traeger.

Stefan Traeger

Jenoptik AG - President & CEO

Thank you very much and a warm welcome from our end here in Jena as well to our first-quarter earnings call. With me today is Hans-Dieter Schumacher, our CFO, as always and Hans-Dieter will lead us through the details of our numbers first quarter. Before we go into that, a quick Q1 executive summary from my end.

Q1 2018 -- sorry, 2019 has really been a bit of a mixed bag for our Company, actually much in line with expectations on our end. On the positive side, order entry grew by 5.6% and drove up our order book to really record high levels and, as to say we have a very strong order book now, which actually let us look with quite confidence into the remainder of the year.

Somewhat negatively impact obviously is our sales, which are slightly down, driven by predominantly two

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