August 26, 2016 9:00 PM ET

Electronic Equipment, Instruments and Components

Company Overview of Schott AG

Company Overview

SCHOTT AG, together with its subsidiaries, develops and manufactures specialty glasses and glass-ceramics in Germany and internationally. It operates through three segments: Precision Materials, Optical Industries, and Home Appliances. The company offers optical components, optical filters, optical materials, wafers and thin glasses, ZERODUR low expansion glass ceramics, and processed glass/architecture products for applications in optics, lithography, astronomy, opto-electronics, architecture, life sciences, and research. It also develops and manufactures electronic packaging solutions, including hermetic housings and other components for the protection of sensitive electronics; aesthetic a...

Hattenbergstrasse 10

Mainz,  55122


Founded in 1884

15,016 Employees


49 6131 66 0


49 6131 66 2000

Key Executives for Schott AG

Chairman of Management Board and Chief Human Relations Officer
Age: 54
Chief Financial Officer and Member of Management Board
Age: 45
Head of Home Tech Business Unit and Member of Management Board
Age: 50
Executive Vice President of Research & Development and General Executive
Age: 60
Vice President of Technical Services
Compensation as of Fiscal Year 2016.

Schott AG Key Developments

Schott AG Announces Launch of New LG-960 Laser Glass

Schott AG announced the launch of the new LG-960 laser glass. This laser glass is ideal for operation at 1.5 µm laser systems in range finding, LIDAR and medical applications. It will be offered as a laser component, finished to custom specifications with a high laser damage threshold dielectric coating. LG-960 is known for its outstanding thermo-mechanical properties and enables very high peak power and repetition rates during emission of light pulses. SCHOTT offers the new glass as fully finished components, which are customized to a particular wavelength and absorption spectrum for applications with flash lamp pumped or diode pumped solid state laser systems. These components are available as rods, slabs and discs.

Schott AG Appoints Jens Schulte as New CFO, Effective July 1, 2016

Schott AG announced the appointment of Jens Schulte as its new CFO, effective July 1, 2016. He will be responsible for the areas of Finance, Information Technology and Purchasing. Dr. Schulte joins the company from Hilti AG in Liechtenstein, where he worked since 2010, most recently as Head of Finance and Controlling. He succeeds Klaus Rubenthaler at SCHOTT, who is leaving the company after 16 years of service for personal reasons on March 31, 2016.

Schott AG Reports Earnings Results for the Fiscal 2015; Provides Sales Guidance for the Year 2016

Schott AG reported earnings results for the fiscal 2015. The company reported that profit attributable to owner of the company for the fiscal year 2014/2015 was EUR 91.3 million, compared to EUR 63.23 million for the fiscal year 2013/2014. Income from operating activities for the fiscal year 2014/2015 was EUR 177.57 million, compared to EUR 135.22 million for the fiscal year 2013/2014. The company anticipates a sales increase somewhere between 3% and 5% globally.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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