Brief: LPKF Now Sees FY Sales Between EUR 115 And 120 Mln
11/10/2018 10:11
Oct 11 (Reuters) - LPKF Laser & Electronics AG LPKG.DE :
* DGAP-ADHOC: LPKF RAISES REVENUE GUIDANCE FOR 2018
* Q3 REVENUE ROSE 11 PERCENT TO 30 MILLION EUR
* REVENUE OF EUR 30 MILLION IN Q3 OF 2018, AN INCREASE OF 11%
* 9-MONTH GROUP SALES REACHED EUR 88 MILLION, UP 23% ON PREVIOUS YEAR'S FIGURE OF EUR 71.4
MILLION
* AT EUR 104 MILLION, INCOMING ORDERS AFTER NINE MONTHS WERE 14% HIGHER THAN PREVIOUS YEAR'S
FIGURE OF EUR 91.3 MILLION
* DUE TO GOOD ORDER AND REVENUE DEVELOPMENT IN Q3, MANAGEMENT BOARD RAISES ITS REVENUE
GUIDANCE
FOR 2018
* EBIT FORECAST IS CURRENTLY UNCHANGED FOR FY
* EXPECTS FY CONSOLIDATED SALES OF BETWEEN EUR 115 AND 120 MILLION (PREVIOUSLY: EUR 110 AND
115
MILLION)
* SEES FY RETURN ON CAPITAL EMPLOYED (ROCE) OF BETWEEN 2 AND 7 %
* SEES FY EBIT MARGIN OF UP TO 6 %
* AIMS TO ACHIEVE A ROCE BETWEEN 10 AND 15 % BY 2020
Source text for Eikon: ID:nEQ1F6MDga
Further company coverage: LPKG.DE
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