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Focus: Business news IN BRIEF
Aerotech has relocated its UK subsidiary to a larger facility in Ramsdell near Tadley.
Photonic Solutions, a laser and photonics distribution company based Edinburgh, UK, is celebrating 15 years in business. It has handled more than £50 million in orders in that time.
Dilas has appointed Special Systems as its exclusive distributor in Russia, Belarus and Ukraine.
Edmund Optics is now accepting applications for its 2014 Educational Award, which was launched at Photonics West. It will distribute 45 global awards.
AMS Technologies has appointed Chinese company LightComm Technology as its new supplier.
Pixelteq has begun construction in a multi-million dollar investment at its Largo, Florida facility to accommodate the growth in its OEM spectral sensor and micro-patterned filter business.
PEOPLE
Edmund Optics, a provider of optical components, has appointed Samuel Sadoulet as president.
Kenneth Moore of Radiant Zemax has been elected as a SPIE Fellow for achievements in optical design software development.
Professor Mordechai Segev, a scientist from Israel’s Institute of Technology, Technion, has been awarded the 2014 Israel Prize for his contribution to photonics.
14 ELECTRO OPTICS l MARCH 2014
Photonics companies report mixed financial results
O
ptoelectronics company Jenoptik has reported revenue of €600 million for the first time in the company’s history, for the fiscal year 2013. The increase in revenue on the prior year came to approximately three per cent.
This contrasted with Rofin-Sinar Technologies,
developer and manufacturer of laser beam sources and laser-based solutions, which saw a decrease of 15 per cent in net sales over the first quarter of fiscal year 2014, as compared to 2013. LightPath Technologies, an optical products manufacturer, also reported slight decreases in revenue for the first half of fiscal 2014 compared to the previous year. Jenoptik Group’s fourth quarter was its strongest in the 2013 fiscal year. ‘The 2013 fiscal year was a good one for Jenoptik. We have grown successfully and achieved our targets without compromising on the significant investment required to secure the future of Jenoptik,’ said Jenoptik CEO Michael Mertin. Rofin-Sinar’s net sales totalled $121.2 million for the first quarter of 2014, a 15 per cent decrease over the first quarter of fiscal year 2013. The lower revenue was largely
due to a drop in sales for marking and micro applications, which decreased by 27 per cent to $56 million.
Sales of laser products for macro applications increased by one per cent to $49.1 million, while sales of components decreased by four per cent to $16.1 million. From a geographical perspective, the main
‘ From a
geographical perspective, the main drop was in Asia’
drop was in Asia which fell by 33 per cent, to $37.1 million. Rofin-Sinar’s revenues in North America decreased by eight per cent, totalling $24.6 million, whereas net sales decreased marginally by two per cent in Europe, to $59.5 million. ‘We expect European and North American business conditions to
improve throughout the calendar year,’ said Gunther Braun, CEO and president of Rofin- Sinar Technologies. ‘During fiscal year 2014, we should capitalise on our efforts to optimise the cost structure of our fibre laser portfolio to the benefit of our profitability, and new product introductions in the short pulse technology space should help us to grow the business.’ Rofin-Sinar expects revenues to be in the range of $123 million to $128 million for the second quarter of 2014.
Draft report on UK photonics sector released
The UK Photonics Leadership Group, which represents the UK photonics industry, has published a draft report regarding the opportunities for future growth within the UK photonics sector. Where and how companies can dominate the photonics market are outlined in the report, which is written as a guide for developing
business strategy and research direction.
The draft states that supply is a large contributor to the market, with UK companies exporting between 75 and 95 per cent of their output. The analysis is based on a roadmap provided by Photonics21, which is the basis for the European
Commission’s investment for the next seven years. The analysis is split into sections: optical communications; manufacturing, materials processing and industrial photonics; photonics for health and life sciences or bio-photonics; and lighting and displays. Read the report at:
http://photonicsuk.org.
@electrooptics |
www.electrooptics.com
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