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04/07/2017 14:48:47

LPKF increases revenue in first quarter 2017 by 65%


LPKF Laser & Electronics Aktiengesellschaft / Key word(s): Quarterly / Interim Statement

07-Apr-2017 / 14:48 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Garbsen, 7th of April 2017 - According to preliminary figures, LPKF Laser & Electronics AG has reached a revenue of EUR 24.5 million in the first quarter in the current financial year. This is a 65% increase year-on-year and significantly above expectations. All four segments of the LPKF Group have contributed to this growth.

Order intake after three months reached EUR 29.2 million and was also above the previous year's figures (+ 52%). This was influenced by some major single orders. Orders on hand also rose by 83% year on year to 32.4 million on 31 March 2017. This results in a book-to-bill ratio of 1,2.

The Managing Board considers the strong figures of the first quarter as a confirmation that the company is making good progress with its intended path towards growth and profitability.

Earnings will be published together with the full financial quarterly report on 12th of May.

LPKF Laser & Electronics AG's shares are listed in the Prime Standard of the Frankfurt Stock Exchange (ISIN 0006450000).


Contact:
Bettina Schäfer, Department Manager Group Communication & Investor Relations

07-Apr-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



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