MAINZ (dpa-AFX) - The specialty glass manufacturer Schott will present its balance sheet for the past fiscal year this Wednesday (10:30 a.m.). The management of the Mainz-based company had set itself a sales growth target of up to eight percent. Investments of 500 million euros were planned. Schott AG is wholly owned by the Carl Zeiss Foundation, which is based in Heidenheim, Baden-Württemberg, and Jena, Thuringia.

In the 2021/22 financial year (end of September), the technology group generated revenues of just under 2.78 billion euros and a net profit of 269 million euros. Last fall, Schott Pharma, the Group's pharmaceutical division, was floated on the stock exchange and is now traded on the SDax /glb/DP/jha