Jenoptik (JEN) investor relations material

Conference overview

• The event was the seventh Digital German Select Conference, featuring 11 German companies with 30-minute slots each, including presentations and Q&A.

• The format emphasized interactive participation, with attendees encouraged to submit questions via chat.

• The next digital conference, Austrian Select, was announced for the following week, focusing on Austrian companies.

Company strategy and business model

• Focused on photonics, with core competencies in optics and lasers, serving OEM customers in semiconductors, medtech, metrology, and smart mobility.

• Products are typically integrated into customer machines, not sold directly to consumers.

• Business model centers on joint R&D projects, selling solutions over the product lifecycle, and maintaining deep customer relationships.

• Nearly 50% of group sales come from the top seven customers, who share R&D and commercial roadmaps.

Portfolio and organizational changes

• Over the past five years, the company has refocused its portfolio on core photonics competencies, divesting and acquiring assets accordingly.

• Major M&A activities are complete; current focus is on organic growth and leveraging a reorganized, leaner structure for faster decision-making.

• New reporting structure introduced for greater transparency and investor clarity.