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08/13/2010 11:00:46

EANS-News: LPKF raises the bar higher


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  Corporate news transmitted by euro adhoc. The issuer/originator is solely
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Subtitle: Boom in orders in first half – German laser specialist raises turnover
and
earnings target for 2010 again

Garbsen (euro adhoc) - Garbsen, 13 August 2010 - LPKF Laser & Electronics AG has
boosted  its  turnover
in the first six months of the ongoing financial year to  EUR 37  million.  This
corresponds to a rise of 63 % compared to the  first  half  in  2009.  Quarterly
earnings before interest and tax exceeded  the  expectations  at  EUR 8 million,
and an EBIT margin of 23 %. The company generated a turnover of EUR  19  million
in the second quarter alone, generating an EBIT of EUR 4 million

Chairman of the Board of Managing Directors Dr.  Ingo  Bretthauer  assesses  the
development in the first half of the year as revealing a significant  broadening
of the foundations for growth. 'LPKF is enjoying a growth  trend  which  is  now
being boosted by the dawning recovery of the overall economy. The LPKF Group  is
profiting in all of its  segments  from  the  increasing  demand  for  high-tech
production solutions.'

Against the background of the stabilization of the overall economic  conditions,
and the continuing excellent level of orders, the Board  of  Managing  Directors
has raised the turnover forecast for the ongoing financial year to  at  least 
EUR
68 million, and set the target EBIT margin higher, to at least 17 %.

Cutting & Structuring Lasers made the biggest contribution to the expansion in
business with a year-on-year growth of 142 %, primarily due to the strong
business with laser direct structuring systems (LDS). The systems delivered to
date have proven effective under real production conditions, to the extent that
LDS technology has now established a leading position in the production of
smartphone antennae. There is also growing demand for the LDS method for the
production of laptop antennae and sensoric components in the automotive sector.


At the beginning of June, LPKF reported a major order totaling nearly EUR 6
million for laser systems for depanelling printed circuit boards. Laser
depanelling systems open up new options for  PCB manufacturers. This is seen by
the LPKF Group as a business with very promising growth potential.

The other segments also enjoyed a positive development in business  activity  in
the first half. Positive signals are also increasingly coming from the  business
with laser systems for scribing thin-film solar panels.  In  the  light  of  the
current recovery, the  Board  of  Managing  Directors  considers  the  Thin-film
Technologies Segment to have good medium term growth opportunities in a  dynamic
market.

The high capacity  utilization  in  Garbsen  in  particular,  and  the  expected
growth, has to be matched by investment, especially in development, service  and
production. Money will also be invested this year and next in new buildings  and
rebuilding measures at the Garbsen site.

LPKF Laser & Electronics AG  is  a  leading  international  group  of  companies
specialized in laser systems for micro-material  processing.  Founded  in  1976,
the Group has its headquarters in Garbsen near Hannover  in  Germany,  and  does
business around the world together with its  subsidiaries  and  representatives.
LPKF has 430 employees around the world,  of  which  200  are  in  Garbsen.  The
shares in LPKF Laser & Electronics AG are traded on the Prime  Standard  of  the
Frankfurt Stock Exchange (ISIN 0006450000).



Further inquiry note:
LPKF Laser & Electronics AG
Bettina Schäfer, Investor Relations
Tel: (05131) 7095-382

issuer:   LPKF Laser & Electronics AG
          Osteriede  7
          D-30827 Garbsen
phone:    +49(0)5131 7095 382
FAX:      +49(0)5131 7095 90
mail:     investorrelations@lpkf.de
WWW:      ¿U1http://www.lpkf.de¿U0
sector:   Semiconductors & active components
ISIN:     DE0006450000
indexes:  CDAX, Prime All Share, Technology All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
          Hamburg, Stuttgart, Düsseldorf, Hannover, München 
language: English
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