Preliminary figures for 2022 – Upper end of forecast reached
- Sales growth of more than 20% to around EUR 11.5 million (2021: EUR 9.5 million)
- Operating result almost doubled to EUR 2.1 million (2021: EUR 1.1 million)
- 2023 off to a very good start, high order intake in January and February
- Joining the energy efficiency and climate protection network
Elsoff, 24.03.2023 – Plan Optik AG (ISIN DE000A0HGQS8) publishes today the preliminary figures for the financial year 2022. Despite overall economic uncertainty and above-average sick leave, growth and profitability could be expanded once again in the past year. At EUR 11.5 million (2021: EUR 9.5 million), Group sales were in the double-digit million range for the first time, and thus at the upper end of the sales range raised to EUR 10.5 million to EUR 11.5 million at the end of November 2022. On the earnings side, preliminary figures show a near doubling of EBIT to EUR 2.1 million (2021: EUR 1.1 million). The recently announced EBIT margin of 12-16% is even expected to be exceeded at approx. 18%. The delivery of high-margin orders from the subsidiary MMT GmbH in the year-end business was decisive for this.
The growth achieved in the financial year 2022 was driven in particular by sustained demand from the microfluidics sector. In addition to MMT GmbH, the second subsidiary operating here, Little Things Factory GmbH, also recorded sales and earnings growth. In addition, the MEMS industry also picked up speed again in 2022 and Plan Optik AG benefited from the fact that the trend towards energy efficiency is accompanied by increasing demand for high-tech products. The increased profitability is based on improved processes, the optimization of the product portfolio and the expansion of the site in Hungary. As the shift in sales progresses, the earnings contribution of the subsidiary POH Kft. increases disproportionately. The already good liquidity position is further strengthened by the successful financial year.
The first months of the current year confirm the continuing positive development. Order intake in January and February was unusually high and is broadly distributed across the two segments and the various sectors. Despite the improvement in the business climate across all sectors and the slight easing of material availability and supply chain problems, overall economic uncertainty remains relatively high. Provided that the economic downturn is only temporary and does not turn into a prolonged recession, the Executive Board is nevertheless confident that Plan Optik will in principle be able to continue the growth course of the past years in 2023. The key to this is the successful development activity. The strategic focus is currently on laser processing, the area of interposers for 3D packaging (advanced packaging) and the pharmaceutical industry.
In addition, sustainability aspects will play an even greater role in the future. As early as 2022, Plan Optik AG had started with a comprehensive stocktaking including the identification of the right benchmarks. With the accession to the nationwide „Initiative Energy Efficiency and Climate Protection Networks“ completed at the end of last year, these efforts are now being intensified. Under the leadership of the Koblenz Chamber of Industry and Commerce, Plan Optik AG is working together with around 40 other companies in the region on a three-year program with binding savings targets. The regular exchange of experience reports is intended to accelerate the implementation of targeted energy efficiency and CO2 savings measures and increase their cost-effectiveness.
Plan Optik AG will publish the detailed annual report for 2022 with the audited figures and a forecast for the current financial year at the end of April.
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IR contact
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Stefan Thoma
PLANOPTIK AG
Ueber der Bitz 3
D-56479 Elsoff
Telefon: +49 2664 5068 52
Telefax: +49 2664 5068 91
E-Mail: investor.relations@planoptik.com
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Disclaimer Regarding Forward-Looking Statements
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The documents provided on this website contain statements related to our future business and financial performance and future events or developments involving PLANOPTIK that may constitute forward-looking statements. These statements may be identified by words such as „expect,“ „look forward to,“ „anticipate“ „intend,“ „plan,“ „believe,“ „seek,“ „estimate,“ „will,“ „project“ or words of similar meaning. We may also make forward-looking statements in other reports, in presentations, in material delivered to shareholders and in press releases. In addition, our representatives may from time to time make oral forward-looking statements. Such statements are based on the current expectations and certain assumptions of PLANOPTIK`s management, of which many are beyond PLANOPTIK´s control. These are subject to a number of risks, uncertainties and factors, which are described in our publications – in particular in the ‘Opportunities and Risks’ sections of the Management Report in the Annual Report and the Interim Management Report in the Half-Yearly Report – but are not limited to these. Should one or more of these risks or uncertainties materialize, or should underlying expectations not occur or assumptions prove incorrect, actual results, performance or achievements of PLANOPTIK may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. PLANOPTIK neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.
This document is an English language translation of the German document. In case of discrepancies, the German language document is the sole authoritative and universally valid version. For technical reasons, there may be differences between the accounting records appearing in this document and those published pursuant to legal requirements.
The documents provided on this website contain statements related to our future business and financial performance and future events or developments involving PLANOPTIK that may constitute forward-looking statements. These statements may be identified by words such as „expect,“ „look forward to,“ „anticipate“ „intend,“ „plan,“ „believe,“ „seek,“ „estimate,“ „will,“ „project“ or words of similar meaning. We may also make forward-looking statements in other reports, in presentations, in material delivered to shareholders and in press releases. In addition, our representatives may from time to time make oral forward-looking statements. Such statements are based on the current expectations and certain assumptions of PLANOPTIK`s management, of which many are beyond PLANOPTIK´s control. These are subject to a number of risks, uncertainties and factors, which are described in our publications – in particular in the ‘Opportunities and Risks’ sections of the Management Report in the Annual Report and the Interim Management Report in the Half-Yearly Report – but are not limited to these. Should one or more of these risks or uncertainties materialize, or should underlying expectations not occur or assumptions prove incorrect, actual results, performance or achievements of PLANOPTIK may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. PLANOPTIK neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated.
This document is an English language translation of the German document. In case of discrepancies, the German language document is the sole authoritative and universally valid version. For technical reasons, there may be differences between the accounting records appearing in this document and those published pursuant to legal requirements.