euro adhoc: LPKF Laser & Electronics AG
Financial Figures/Balance Sheet
LPKF
boosts sales by 14%
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
22.03.2007
LPKF boosts sales by 14%
The Group generated the following performance in the 2006 financial year:
2006 2005 Change
Turnover TEUR 39,780 34,871 +14.1% Profit TEUR 3,973 3,021 +31.5% Net margin 10.0% 8.7% EBIT TEUR 6,350 5,980 +6.2% EBIT margin 16.0% 17.2% EPS EUR 0.37 0.28 +32.1% Cash and cash equivalents TEUR 5,156 8,564 -39.8% Capital ratio 71.8% 74.0% Orders in hand of group 31.12. TEUR 6,100 7,294 -16.4% Orders received by group 31.12. TEUR 38,419 39,211 -2.0%
Notes on the 2006 performance: In the 2006 financial year, the LPKF Group generated record sales of EUR 39.8 million, and the best profit figures in the companys 30-year history with nearly EUR 4.0 million. The company boosted its sales by 14.1% and drove up its net result by 31.5% year-on-year.
The growth in the 2006 financial year was again mainly driven by LaserSystems. Thanks to the dynamic development of the 3D-MID, PCB Processing and Laser Plastic-welding segments, LaserSystem sales rose by 29.9%. The Rapid PCB Prototyping segment boasted growth of 20.8%. The development in sales of Inspection Systems was weak by comparison, earnings fell from EUR 4.4 million to EUR 2.2 million.
The exceedingly strong fourth quarter in 2006 featured a rise in sales of 27.4 % year-on-year to EUR 12.4 million, with a rise in earnings from LaserSystem sales of 60.2% to EUR 7.1 million. The EBIT yield rose to 17.3% in the last quarter of 2006.
Outlook The Board of Managing Directors and the Supervisory Board shall propose a resolution at the annual general meeting on 24 May to pay a dividend of 12 Cent per share (up from 10 Cent per share the previous year).
The LPKF Group forecasts another moderate rise in sales to EUR 45 million during the ongoing financial year. The additional earnings, particularly from the new Solar Technology segment will not have a major impact on sales until the 2008 financial year. The Board of Managing Directors sees good opportunities here for very positive business, and therefore intends to establish a new solar-laser company together with its partner LPKF Motion & Control, Thueringen/Germany. Significant investments will be made here in 2007 in development work and setting up extra production capacity. Production service centres are also to be set up in the USA and Asia to support distribution activities in 3D-MID and Laser Plastic-Welding. The aim is to open up more markets and to internationalise the new technologies.
LPKF Laser & Electronics AG shares are quoted in the Prime Standard of the Frankfurt stock exchange (ISIN 0006450000).
end of announcement euro adhoc 22.03.2007 18:02:57
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: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Niedersächsische Börse zu Hannover / free trade
Bayerische Börse / free trade