Brief: LPKF Laser & Electronics 9-Month Revenue Up 44% At EUR 86.8 Mln

LPKF Laser & Electronics SE

27/10/2022 07:05

Oct 27 (Reuters) - LPKF  LPKG.DE :
    * LPKF HITS THE UPPER RANGE OF ITS Q3 TARGETS
    * LASER & ELECTRONICS AG NINE MONTHS REVENUE ROSE 44 PERCENT
TO
86.8 MILLION EUR
    * Q3 REVENUE SLIGHTLY ABOVE GUIDANCE, EBIT IN UPPER RANGE
    * FORECAST FOR FY 2022 CONFIRMED
    * GROUP REVENUE IN FIRST NINE MONTH OF 86.8 MIO. EUR (+44%
YOY)
    * ORDERS ON HAND AS OF SEPTEMBER 30, 2022, STAND AT EUR 48.8
MILLION, OF WHICH AROUND EUR 30 MILLION ARE DUE FOR DELIVERY IN
CURRENT FISCAL YEAR
    * 9-MONTH EBIT OF EUR 2.5 MILLION WAS REACHED FOLLOWING A
LOSS OF
EUR 5.2 MILLION IN PREVIOUS YEAR
    * IN Q3, REVENUE INCREASED BY 31% YEAR-ON-YEAR TO EUR 31.3
MILLION, SLIGHTLY ABOVE FORECAST AND WITH AN EBIT OF EUR 0.8
MILLION WHICH IS IN UPPER RANGE OF GUIDANCE

Source text for Eikon:  ID:nEQ8nbLZya 
Further company coverage:  LPKG.DE 
 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))