LPKF Laser & Electronics : increases revenue and order intake in the first half of 2018

Garbsen, 4 July 2018 - According to preliminary figures, LPKF Laser & Electronics AG generated revenue of EUR 58 million in the first half of the year, 30% above the previous year's period. In the second quarter, revenue reached EUR 38 million, which corresponds to an increase of 90% compared to Q2 2017.  

At EUR 72 million, incoming orders after six months were also up on the previous year (+ 15%). They were marked by several major individual orders. Orders on hand also increased further, reaching EUR 52 million as of June 30, 2018 (+ 14% year-on-year). This results in a book-to-bill ratio of 1.2.

The Management Board sees the positive quarterly figures as confirmation that the company is making good progress on the planned path towards revenue growth and profitability.

The company confirms its forecast for 2018 and the following years. Assuming a stable development of the global economy, the Management Board continues to expect consolidated sales of between EUR 103 million and EUR 108 million and a return on capital employed (ROCE) of between 2 and 7% for 2018. An EBIT margin of up to 6% is assumed. LPKF aims to achieve a ROCE of between 10 and 15% by 2020.

The half-year financial report will be published on August 15th, 2018.

LPKF Laser & Electronics AG's shares are listed in the Prime Standard of the Frankfurt Stock Exchange (ISIN 0006450000).

Explanation of key figures
EBIT: Earnings before interest and taxes
Book-to-bill ratio: Incoming orders / revenue
EBIT margin: Earnings before interest and taxes / sales x 100
ROCE: Earnings before interest and taxes / Intangible assets + Property, plant and equipment + Inventories + Trade receivables - Advance payments received



Contact:
Bettina Schäfer, Department Manager Group Communication & Investor Relations