Carl Zeiss Meditec AG

AFX: XETR (DEU)
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Carl Zeiss Meditec Earnings: Weak Start to Year Caused by Currency and Demand Headwinds

Carl Zeiss Meditec delivered a 5% revenue decline and a 550-basis-point decrease in adjusted EBITA for its fiscal first quarter. Full-year guidance was pulled in January but is expected be reinstated by the second-quarter earnings release. The shares fell 6% in Feb. 12 trading.

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