PLANOPTIK AG Reports on 2024 Performance and Future Prospects

PLANOPTIK AG has published its 2024 annual report, highlighting a decline in group sales due to cyclical factors and inventory reductions amid supply chain adjustments. The report attributes the decline to major customers reducing stockpiles in the face of rising interest rates and lower inflation. The Wafer-Level Packaging division was particularly impacted by the sluggish global automotive sector.

The company anticipates a sales recovery in 2025 and remains optimistic about future growth, contingent on stable global economic conditions. PLANOPTIK's involvement in the sensor technology market and advanced packaging with glass materials mark significant growth areas, supported by increased production capabilities.

The company has expanded its production facilities in Hungary and secured a KfW loan for further investment. The financial outlook includes EUR 5.2 million in cash and minimal bank liabilities, enhancing operational and financial flexibility.