Brief: LPKF Says Generated Consolidated Revenue Of Around 140 Mln Euros In FY 2019
20/02/2020 19:26
Feb 20 (Reuters) - LPKF Laser & Electronics AG LPKG.DE :
* DGAP-ADHOC: LPKF LASER & ELECTRONICS AG: 2020 FIRST
QUARTER
FORECAST AND MEDIUM-TERM FORECAST UP TO 2024
* REVENUE FOR 2019 AT UPPER END OF GUIDANCE
* WEAK Q1 OF 2020 EXPECTED
* EXPECTS PERFORMANCE OF GLOBALLY ACTIVE LPKF WILL, IN
AGGREGATE,
NOT BE SIGNIFICANTLY AFFECTED BY EFFECTS OF CORONAVIRUS DISEASE
* 2024 REVENUE FORECAST ABOVE EUR 360 MILLION
* CO LIKELY TO SEE SOME DELAYS IN FILLING INDIVIDUAL
CUSTOMER
ORDERS DURING CURRENT FINANCIAL YEAR
* GENERATED CONSOLIDATED REVENUE OF AROUND EUR 140 MILLION
IN 2019
FINANCIAL YEAR
* EXPECTS EBIT MARGIN OF OVER 25%, FOR 2024, WITH FURTHER
GROWTH
AFTER THAT
* EXPECTS WEAK Q1 2020 WITH REVENUES OF EUR 18-22 MILLION
AND
QUARTERLY LOSS OF EUR 3-5 MILLION DUE TO SEASONALITY AS WELL AS
SOME EFFECT OF COVID-19
Source text for Eikon: ID:nEQ3hxq0fa
Further company coverage: LPKG.DE
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