Brief: LPKF Sees 2020 Revenues Of €96-102 Mln, EBIT Margin Of 8-12%

LPKF Laser & Electronics SE

29/10/2020 07:12

Oct 29 (Reuters) - LPKF Laser & Electronics AG  LPKG.DE :
    * DGAP-NEWS: LPKF INCREASES PROFITABILITY IN THE THIRD
QUARTER
    * STRONG MEDIUM-TERM REVENUE AND EARNINGS GROWTH EXPECTED
    * REVENUE WAS EUR 25.2 MILLION
    * EBIT OF EUR 4.0 MILLION
    * MAINTAIN OUR FOCUS ON COST AND PERFORMANCE IMPROVEMENTS
    * MANAGEMENT BOARD'S ABILITY TO FORECAST REMAINS LIMITED
    * FOR 2020, COMPANY EXPECTS TO GENERATE REVENUE BETWEEN EUR
96 AND
102 MILLION AND AN EBIT MARGIN OF 8 TO 12 %
    * FOR 2021 AND FOLLOWING YEARS, MANAGEMENT BOARD CONTINUES
TO
EXPECT SUSTAINABLE, PROFITABLE GROWTH IN ALL SEGMENTS AND
CONFIRMS MEDIUM-TERM FORECAST GIVEN IN FEBRUARY

Source text for Eikon:  urn:newsml:reuters.com:*:nEQ1d3TzWa
Further company coverage:  LPKG.DE 

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