Germany's LPKF Laser H1 revenue falls 38% on weak Solar segment
Germany's LPKF Laser H1 revenue falls 38% on weak Solar segment
Overview
Germany laser manufacturing firm's H1 revenue fell 38% yr/yr, mainly due to weak Solar segment
Adjusted EBIT for H1 dropped further into negative, reflecting restructuring and severance costs
Company completed first wave of workforce reduction under North Star transformation program
Outlook
LPKF expects 2026 revenue of EUR 105 mln to EUR 120 mln
Company sees 2026 adjusted EBIT margin between -3.0% and 4.5%
Management aims for sustainable double-digit EBIT margin by 2028
Result Drivers
SOLAR SEGMENT WEAKNESS - Revenue decline primarily driven by significantly lower revenue in the Solar segment
EXTERNAL CHALLENGES - Co said global crises and a challenging macroeconomic and geopolitical environment broadly impacted core business
RESTRUCTURING COSTS - Profitability impacted by restructuring and severance expenses related to North Star transformation program
Company press release: ID:nEQ7wQX5qa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| EUR 36.50 mln |
|
H1 EBIT |
| -EUR 14.10 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the electronic equipment & parts peer group is "buy."
Wall Street's median 12-month price target for LPKF Laser & Electronics SE is €15.50, about 8.3% below its July 22 closing price of €16.90
Reuters Recommended Reads
July 20 - Germany's STEICO H1 EBIT falls 31% as costs rise, confirms FY outlook
July 22 - Germany's FUCHS Q2 preliminary EBIT tops estimates; raises 2026 outlook
July 22 - Germany's Intershop Communications H1 revenue falls on lower license and service sales
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)