JENOPTIK AG

Earnings Release • Jul 29, 2009

News Details

Ad-hoc | 29 July 2009 21:25

Jenoptik AG: Jenoptik terminates business with mid format cameras. This will have a one-time effect on the earnings in the 2nd quarter 2009.

Jenoptik AG / Strategic Company Decision

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Jenoptik terminates business with mid format cameras. This will have a
one-time effect on the earnings in the 2nd quarter 2009.

A positive group operating result before one-off effects is expected both
for the 2nd quarter as well as for the full year 2009.

As a result of the insolvency of the supplier Franke & Heidecke plus the
significant deterioration in the business potential for mid format cameras
(high-end), the Group has decided to withdraw from this sustainably
negative business, and to carry out the associated reorganization of its
locations and portfolios at home and abroad. Existing supply commitments
have been terminated by mutual agreement with the customer.
With this measure Jenoptik is continuing to focus on its core business
areas. In the short term however it will affect 2nd quarter earnings. The
resultant one-off effects, most of which will be non-cash due to
impairments, total 7.9 million euros and were completely included in the
Group EBIT in the 2nd quarter 2009. The Group EBIT before this one-off
effect in the 1st half 2009 will be positive at about 3 million euros
(March 31, 2009: 0.4 million euros). This sum includes current losses of
this business area of about 1.0 million euros, which will not arise again
in the future.

Jenoptik's digital imaging activities to continue in full.

The topic of digital image processing is and will remain one of Jenoptik's
core compentencies for the areas of medical technology, life sciences and
traffic safety technology through to military reconnaissance. Jenoptik will
continue and expand these activities.

Anticipated positive Group operating result before one-off effects in 2009.

As a result of the stable contribution from the Defense & Civil Systems
division and its presence in various markets, Jenoptik anticipates a
positive group operating result before one-off effects in the full year
2009.

Sabine Barnekow
Phone 03641-65 2156
sabine.barnekow@jenoptik.com

29.07.2009 Financial News transmitted by DGAP

Language: English
Issuer: Jenoptik AG
Carl-Zeiss-Straße 1
7739 Jena
Deutschland
Phone: +49 (0)364 165-0
Fax: +49 (0)364 165-2484
E-mail: ir@jenoptik.com
Internet: www.jenoptik.com
ISIN: DE0006229107
WKN: 622910
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart, Hamburg

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