Brief: LPKF Laser & Electronics FY EBIT Up At EUR 19.2 Mln

LPKF Laser & Electronics SE

24/03/2020 07:05

March 24 (Reuters) - LPKF LASER & ELECTRONICS AG  LPKG.DE :
    * SUCCESSFUL 2019 FINANCIAL YEAR FOR LPKF: RECORD REVENUE OF
EUR
140 MILLION
    * FY REVENUE ROSE 17 PERCENT TO 140 MILLION EUR
    * ABILITY TO FORECAST FOR 2020 LIMITED DUE TO COVID-19
PANDEMIC
    * FY EARNINGS BEFORE INTEREST AND TAXES (EBIT) HAS INCREASED
BY
182 % TO EUR 19.2 MILLION
    * INTENDS TO PROPOSE A DIVIDEND OF 10 EUROCENT PER SHARE TO
AGM
    * ABILITY TO FORECAST FOR CURRENT FINANCIAL YEAR 2020 IS
SEVERELY
LIMITED
    * IN EVENT OF A MORE PRONOUNCED RECESSION, LPKF WILL HAVE TO
ANTICIPATE A DECLINE IN REVENUE AND EARNINGS IN 2020
    * FOR SUBSEQUENT YEARS, COMPANY STILL EXPECTS SUSTAINABLE,
PROFITABLE GROWTH IN ALL SEGMENTS

Source text for Eikon:  ID:nEQbK70H9a 
Further company coverage:  LPKG.DE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))