On the basis of preliminary figures, LPKF Laser & Electronics AG is forecasting consolidated revenue of € 102 million for 2017. This means that the laser specialist is slightly above its own expectations (€ 92 - 100 million) and 12% higher than in the previous year. Revenue in the fourth quarter reached € 30.8 million.
At the end of the year, the orders on hand at € 38.8 million was 39% higher than in the previous year. Order intake reached € 113.3 million, an increase of 7% year-on-year. The book-to-bill ratio is thus 1.1. For 2017, the Management Board now expects an EBIT margin of between 2 and 4%.

For Kai Bentz, Spokesman of the Management Board of LPKF AG, the increase in revenue and earnings in the past financial year is a clear signal of the LPKF Group's recovery. 'The conditions for further growth are good. We have been working hard on restructuring the Group in 2016 and 2017 and see initial effects. At the same time, we are continuing to improve profitability in the individual divisions.'

For 2018, the Management Board anticipates Group sales of between € 103 and 108 million and a return on capital employed (ROCE) of between 2 and 7%, as-suming a stable development of the global economy. An EBIT margin of up to 6% is assumed. LPKF aims to generate ROCE between 10 and 15% by 2020. This improvement is expected to result from growing business, especially with new products, and an optimized fixed cost base.

The annual report will be published on March 26th, 2018.

LPKF - Laser & Electronics AG published this content on 25 January 2018 and is solely responsible for the information contained herein.
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