Revenue in the EMEA region increased by 4.0 percent (adjusted for currency effects: 5.4 percent), to €378.1m (prior year: €363.4m). Development in the core markets Germany and France was stable. Increases were achieved in the UK, Southern Europe and some Eastern European markets.
A positive trend was also recorded in the Americas region. Revenue increased to €406.5m (prior year: €378.2m). This growth amounted to 7.5 percent (adjusted for currency effects: 14.4 percent) and thus accelerated significantly compared with the prior year. This is primarily due to a continued positive trend in the U.S. market.
The Asia/Pacific (APAC) region grew by 10.7 percent, to €496.3m (prior year: €448.2m). After adjustment for currency effects, this corresponds to an increase of 13.2 percent. Once again, the largest contributions to growth came from China and South Korea.
The EBIT margin was 15.4 percent (prior year: 15.2 percent). Adjusted for special effects, an increase to 15.7 percent was recorded (prior year: 14.8 percent). This was due in particular to a positive development of the product mix. Revenue from recurring business, such as from consumables, implants and services, increased further, and climbed to around 34 percent of revenue (prior year: 33 percent).
Earnings per share declined slightly, to €1.41 (prior year: €1.57). This decrease was attributable to negative currency effects and to the increased number of shares.
Carl Zeiss Meditec AG anticipates further growth for fiscal year 2018/19, at least to the level of the underlying markets. The EBIT margin is expected to range between 14 percent and 16 percent in fiscal year 2018/19 and in the medium term.