Brief: LPKF Preliminary Q3 EBIT At EUR 4.9 Mln
28/10/2019 16:18
Oct 28 (Reuters) - LPKF LASER & ELECTRONICS AG LPKG.DE :
* THIRD QUARTER 2019 STRONGER THAN EXPECTED
* REVENUE OF EUR 35 MILLION IN Q3 OF 2019, AN INCREASE OF
19% OVER
PRIOR YEAR PERIOD (Q3 2018: EUR 29.3 MILLION)
* PRELIMINARY EARNINGS BEFORE INTEREST AND TAXES (EBIT) OF
EUR 4.9
MILLION FOR Q3 OF 2019, ABOVE PREVIOUS YEAR'S FIGURE OF EUR 2.7
MILLION
* SEES FY CONSOLIDATED REVENUE OF BETWEEN EUR 135 MILLION
AND EUR
140 MILLION AND EBIT MARGIN OF BETWEEN 12% AND 14%, WITH GLOBAL
ECONOMY REMAINING STABLE
* IN SUBSEQUENT YEARS, LPKF INTENDS TO FURTHER INCREASE
PROFITABILITY AND GENERATE AN EBIT MARGIN OF MORE THAN 14%
Source text for Eikon: ID:nEQ7KnC7Ya
Further company coverage: LPKG.DE
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))