LPKF Laser & Electronics AG

EANS-Adhoc: LPKF exceeds forecasts with record earnings

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26.03.2010

LPKF exceeds forecasts with record earnings

Garbsen, 26 March 2010 - The LPKF Group closed  the  2009  financial year  with earnings before interest and tax (EBIT) of EUR 7.0 million (previous year:  EUR 3.1 million). Consolidated turnover rose by 12 % to EUR 50.7 million  (previous year: EUR 45.4 million). Incoming orders at EUR 56.0 million were well up on the  previous year´s level of EUR 48.1 million. Orders in hand rose to EUR 14.7 million   (previous year: EUR 10.3 million). The performance was positively influenced by the  changed product mix and cost reductions.

Return on Capital Employed (ROCE) climbed from 7.4  %  to  15.7  %.   Profit  per share rose to EUR 0.43 (previous year: EUR 0.17).

Compared to the same quarter the previous year, turnover in the   fourth  quarter 2009 climbed by 16 % to EUR 16.0 million, and EBIT rose from EUR 1.2  million to  EUR 2.0 million

Growth was attributable  to  the  Cutting  &  Structuring  Lasers   Segment,  and especially the unbroken demand for laser direct structuring systems (LDS).

Outlook for 2010 and 2011

LPKF currently considers there to be growth  potential  in  almost   all  of  its divisions. The prospects for further growth are particularly  good  in  the  LDS business. Tangible signs of recovery in the  markets  have  also  been  seen  in other segments since the end of 2009.

The macroeconomic development is  very  difficult  to  predict  at   the  moment. Nevertheless, LPKF is expecting to do good business in the 2010 financial  year, and forecasts growth in turnover to exceed 10 %, and its EBIT margin to stay  in double figures.

If the global economy stabilizes during the course of the  year,  the Board  of Managing Directors expects turnover and profits to  grow   further  in  the  2011 financial year.

At the Supervisory Board  meeting  on  26  March  2010,  the   Supervisory  Board adopted a resolution to immediately appoint the former spokesman  of  the  Board of Managing Directors Dr. Ingo Bretthauer, to the position of  Chairman  of  the Board of Managing Directors.

Because of the positive development in business in 2009, the Board   of  Managing Directors and the Supervisory  Board  will  pose  a   resolution  at  the  annual general meeting on 10 June 2010 to pay a dividend of 20 Cent per share.

LPKF Laser & Electronics AG shares are listed  on  the  Prime   Standard  at  the Frankfurt Stock Exchange (ISIN 0006450000).

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ots Originaltext: LPKF Laser & Electronics AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
LPKF Laser & Electronics AG
Bettina Schäfer, Investor Relations
Tel: (05131) 7095-382

Branche: Semiconductors & active components
ISIN:      DE0006450000
WKN:        645000
Index:    CDAX, Prime All Share, Technology All Share
Börsen:  Frankfurt / regulated dealing/prime standard
              Berlin / free trade
              Hamburg / free trade
              Stuttgart / free trade
              Düsseldorf / free trade
              Hannover / free trade
              München / free trade



Weitere Meldungen: LPKF Laser & Electronics AG

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