DGAP-News 235 0 Kommentare LPKF begins 2017 financial year with full order books

DGAP-News: LPKF Laser & Electronics Aktiengesellschaft / Key word(s): Miscellaneous

LPKF begins 2017 financial year with full order books

07.02.2017 / 09:00

The issuer is solely responsible for the content of this announcement.

Garbsen, February 7, 2017 - LPKF Laser & Electronics AG closed the 2016
financial year with consolidated revenue of approx. EUR 91 million,
achieving its most recent revenue forecast and growth of almost 5%. The
2016 financial year was characterized by a number of consolidation
measures. At the same time, the company worked intensively on various new
technologies and the advancement of individual product areas. By mid-2016,
orders on hand were already up significantly year-on-year. Orders on hand
amounted to EUR 28 million at the end of December, which also represented
an increase on the previous year as expected (+110%).

The positive trend remained unbroken in January 2017, with strong demand
for laser systems in all segments resulting in additional orders. The
outstanding pre-cision of LPKF's laser technology enables more efficient
digital production, especially as components become smaller and smaller.
CEO Dr. Ingo Bretthauer sees the strong growth in orders as a reason for
opti-mism. "We did our homework in 2016, significantly reducing our cost
base while also launching a number of highly attractive new products. The
current order situation is a positive indicator for our revenue and
earnings performance in 2017."

The Managing Board is forecasting revenue of EUR 92-100 million and an EBIT
margin of between 1% and 5% for the current financial year. In subsequent
years, the Group wants to further increase revenue. In the medium term, the
Managing board aims to return to EBIT-margins of at least 10%.

The 2016 annual financial statements will be published on 22 March 2017.

About LPKF

LPKF Laser & Electronics AG specializes in the manufacture of laser systems
for micro material processing and is regarded globally as a leader in
several sectors. The company, which was founded in 1976, has its head
office in Garbsen (near Hannover) and operates worldwide through its
subsidiaries and agencies. The shares of LPKF Laser & Electronics AG are
traded on the Prime Standard of the German Stock Exchange (ISIN
0006450000).

07.02.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language:	English
Company:	LPKF Laser & Electronics Aktiengesellschaft
	Osteriede 7
	30827 Garbsen
	Germany
Phone:	+49 (0) 5131 7095-0
Fax:	+49 (0) 5131 7095-95
E-mail:	investorrelations@lpkf.com
Internet:	www.lpkf.com
ISIN:	DE0006450000
WKN:	645000
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange