LPKF Laser & Electronics AG  / Key word(s): Forecast/Change in Forecast

23.10.2014 14:02

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Garbsen, October 23, 2014 - LPKF Laser & Electronics AG today announced
that it has downgraded its revenue and earnings forecast for the current
financial year. Due to an unexpectedly weak order intake in recent weeks,
the company now considers itself unable to reach the originally forecast
revenue and earnings targets. For 2014, LPKF now anticipates revenue in the
range of EUR 120 million to EUR 125 million (previously: EUR 132 million -
EUR 140 million) and an EBIT margin of 10% - 12% (previously: 15% - 17%).

LPKF believes that the customer restraint is mainly attributable to
faltering global growth and the slowdown in the electronics industry in
particular. Laser Direct Structuring (LDS) projects have been deferred and
now can no longer be completed by the end of the year. The reluctance in
the euro zone to invest has also had a negative effect on the systems
business for plastic welding; the Welding Equipment product group recently
fell short of expectations.

Despite the weaker performance in the current financial year, the
Management Board anticipates further profitable growth in the coming years.
All trends in electronics production point toward increased use of
high-precision laser technology. The forecast for 2015 and subsequent years
is being reviewed at present and will be published on November 12 together
with the quarterly financial report.

The shares of LPKF Laser & Electronics AG are listed on the TecDAX index of
the Frank-furt Stock Exchange (ISIN 0006450000).

Forward looking statements
This ad-hoc release contains certain forward-looking statements based on
current assumptions and forecasts made by the management of LPKF Laser &
Electronics AG. Various known and unknown risks, uncertainties and other
factors could lead to material differences between the actual future
results, financial position, development or performance of the company and
the estimates given here.


23.10.2014 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      LPKF Laser & Electronics AG
              Osteriede 7
              30827 Garbsen
              Germany
Phone:        +49 (0) 5131 7095-0
Fax:          +49 (0) 5131 7095-95
E-mail:       investorrelations@lpkf.com
Internet:     www.lpkf.com
ISIN:         DE0006450000
WKN:          645000  
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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