LPKF: Shares jump on an agreement in the solar industry
28/09/2020 07:36
** The shares in LPKF LPKG.DE jump 7.8% in early Frankfurt
trade, after the company announced on Sunday a framework
agreement with a manufacturer of thin-film solar
modules urn:newsml:reuters.com:*:nASN000DNU
** The German laser system manufacturer expects from this
agreement a total volume of at least about EUR 18 mln
** LPKF says an initial order has been placed by the
customer, first sales expected in Q1 2021 and into FY 2022
** A local trader says the news is "positive for sure but
also in-line with LPKF revenue planning in Solar"
** Stock at the top of the German smallcap index .SDAXI
((elizaveta.gladun@thomsonreuters.com))