Rodenstock Reports 23% Revenue Growth to €494 Million for 2021 Financial Year

Rodenstock Group announced strong financial results for the 2021 fiscal year, reporting a 23% increase in revenue to €494 million from €401 million in the previous year. Recurring EBITDA rose by 41% to a record high of €127 million. The company attributes this growth to the execution of its B.I.G. VISION™ strategy and the patented DNEye® Pro technology, which enables individualized eyeglass lenses. Despite pandemic-related store closures, Rodenstock expanded its international business, rolling out B.I.G. VISION™ outside Europe, including in Chile. CEO Anders Hedegaard noted increased market share in core countries, while CFO Marcus Desimoni confirmed the company remains on track with its growth strategy following its acquisition by Apax Partners funds in March 2021.