Europe Movers: Carl Zeiss Meditec, Fraport, Jenoptik

Inga Muller
13 May, 2025
Frankfurt

Fraport AG traded flat at €59.55 after the Frankfurt Airport operator reported first-quarter 2025 results.

Revenue slipped to €891.8 million from €939.8 million, net income swung to a loss of €16.3 million from a profit of €16.3 million, and diluted earnings per share swung to a loss of 18 cents from a profit of 18 cents a year ago.

During the quarter, Frankfurt Airport handled 12.4 million passengers, a 0.9% decline compared to the same period a year earlier, the company said in a release to investors.

At around 475,000 tons, Frankfurt airport slightly exceeded the previous year’s cargo tonnage in the quarter, and while traffic with China increased significantly, traffic with the U.S. was below the previous year’s level.

Carl Zeiss Meditec AG soared 3.3% to €62.50 after the German medical technology company reported half-year sales results.

Revenue increased to €1.05 billion from €647.2 million, and EBITA inched up to €113.6 million from €113.2 million a year ago.

“We saw a clear upturn in demand for refractive surgery consumables in China,” said Markus Weber, CEO of the company.

Unfortunately, uncertainties surrounding US trade tariffs and currency risks are currently weighing on the outlook, Weber added in the statement.

The company is maintaining its previous guidance of stable to slightly increasing EBITA for the remainder of the fiscal year.

Jenoptik AG soared 4.2% to €19.45 after the German photonics company reported first-quarter 2025 results.

Revenue declined 4.9% to €243.6 million from €256.1 million, EBIT edged down 35% to €16.9 million from €26.0 million, and earnings per share fell 40.7% to 16 cents from 27 cents a year ago.

The company guided full-year revenue to remain roughly flat at €1.11 billion, the EBITDA margin to be between 18% and 21%, and capital expenditure to be significantly below the prior-year level of €114.6 million.