euro adhoc: LPKF Laser & Electronics AG
Financial Figures/Balance Sheet
LPKF
boosts turnover by 14 per cent after nine months
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
10.11.2008
AD-HOC ANNOUNCEMENT AS PER SECTION 15 WPHG
LPKF boosts turnover by 14 per cent after nine months
Financial ratios for 30 September 2008:
| |2008 (9 |2007 (9 months)|Change | | |months) | | | |in million EUR | | | | |Turnover |31.6 |27.7 |+ 14.1 %| |Net margin (%) |2.9 |9.7 | | |EBIT |1.9 |3.9 |- 51.4 %| |EBIT margin (%) |6.0 |14.0 | | |Net income after | | | | |minority interests |0.9 |2.7 |- 66.1 %| |EPS (EUR) |0.08 |0.25 |- 68.0 %| |Cash and cash equivalents|3.5 |3.4 |- 0.7 % | |Capital ratio (%) |68.7 |70.5 | | |Orders in hand of Group | | | | |per 30.09. |8.0 |9.9 |-19.3 % | |Orders received by Group | | | | |per 30.09. |32.6 |31.7 |+ 2.7 % |
Company performance
With a turnover of EUR 12.0 million (previous year: EUR 9.6 million) and an EBIT of EUR 1.4 million (previous year: EUR 1.1 million) the third quarter was the strongest three months so far for LPKF Laser & Electronics AG in the 2008 financial year. In the first nine months of the 2008 financial year, LPKF boosted turnover by 14 % to EUR 31.6 million, and generated a clear profit of EUR 0.9 million.
Business was buoyant in the Plastic Welding segment (+ 61 %), Rapid Prototyping (+ 11 %) and Solar (+ 92 %). Performance in the Stencil, MID and PCB Processing segments was below target. However, orders received for the MID and PCB Processing segments after the end of the reporting period point to an upswing in business in these divisions.
Outlook for 2008 upheld
Despite the weaker level of orders received in the third quarter, LPKF upholds its turnover and earnings forecasts for the whole of 2008. The current turmoil in the financial markets and the associated uncertainties for the economy make
it difficult at the present moment to venture an outlook for LPKF Laser & Electronics AG for the 2009 financial year. The company intends to issue a forecast for turnover and earnings for the 2009 financial year together with the publication of the Annual Report 2008.
LPKF Laser & Electronics AG shares are quoted on the Prime Standard of the Frankfurt Stock Exchange (ISIN 0006450000).
end of announcement euro adhoc
Further inquiry note:
Bettina Schäfer
Tel.: +49 (0)5131 7095 382
b.schaefer@lpkf.de
Branche: Semiconductors & active components
ISIN: DE0006450000
WKN: 645000
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Hannover / free trade
Börse München / free trade