Brief: LPKF Achieves Targets For 2018 And Expects Further Growth In 2019 And Subsequent Years

LPKF Laser & Electronics SE

06/02/2019 19:00

Feb 6 (Reuters) - LPKF Laser & Electronics AG  LPKG.DE :
    * DGAP-ADHOC: LPKF ACHIEVES TARGETS FOR 2018 AND EXPECTS
FURTHER
GROWTH IN 2019 AND SUBSEQUENT YEARS
    * LASER & ELECTRONICS AG ACHIEVED A CONSOLIDATED REVENUE OF
EUR
120 MILLION FOR FINANCIAL YEAR 2018
    * THIS PUTS LASER SPECIALIST AT UPPER END OF ITS OWN
EXPECTATIONS
AND 18% ABOVE ITS REVENUE OF PREVIOUS YEAR
    * EUR 58 MILLION, ORDERS ON HAND AT END OF YEAR WERE UP 50%
ON
PREVIOUS YEAR
    * INCOMING ORDERS REACHED EUR 140 MILLION, AN INCREASE OF
24% OVER
PREVIOUS YEAR
    * MANAGEMENT BOARD EXPECTS A GROUP-REVENUE OF BETWEEN EUR
130
MILLION AND EUR 135 MILLION AND AN EBIT MARGIN OF BETWEEN 8% AND
12% FOR FINANCIAL YEAR 2019
    * BASED ON CURRENT ORDER SITUATION, LPKF EXPECTS A STRONG Q1
OF
2019 WITH REVENUE BETWEEN EUR 30 MILLION AND EUR 35 MILLION
    * IN FOLLOWING YEARS, MANAGEMENT BOARD INTENDS TO FURTHER
INCREASE
PROFITABILITY OF COMPANY AND GENERATE A SUSTAINABLE EBIT MARGIN
OF MORE THAN 12%
    * FOR 2018, MANAGEMENT BOARD CONTINUES TO EXPECT AN EBIT
MARGIN AT
UPPER END OF FORECAST RANGE OF UP TO 6 %

Source text for Eikon:  ID:nEQ3V6n6qa 
Further company coverage:  LPKG.DE 

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