LPKF Laser & Electronics Aktiengesellschaft  / Key word(s): 9-month figures/Change in Forecast

10.11.2015 17:27

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, 10 November 2015 - LPKF today announced that the weakness of its
laser direct structuring (LDS) business in the third quarter put a stronger
than expected strain on the LPKF Group's overall business performance. At
EUR 61.6 million, revenue in the first nine months remained below the
previous year's figure of EUR 79.4 million. The EBIT margin of -8.7% was
considerably lower than in the previous year (9.6%). The operating income
(EBIT) fell to EUR -5.3 million. The Management Board now expects
consolidated revenue for the full 2015 financial year to amount to EUR 85
million - EUR 90 million (previous guidance: EUR 90 million - EUR 110
million). According to this, EBIT is expected to be negative in the
single-digit million range.
  
In the Electronics Production Equipment segment, LPKF's largest product
group, LDS equipment, has seen revenue after nine months drop almost 70%
year on year. Incoming orders also failed to improve during the third
quarter.

For the 2016 financial year, the Management Board expects revenue to
increase to EUR 100 million - EUR 120 million within a stable economic
environment. The EBIT margin is expected to reach a positive single-digit
figure. The Company expects to see growth in all segments. New products are
anticipated to provide significant momentum. In the years to come, LPKF
will once again aim for targets of average annual revenue growth of at
least 10% and a double-digit EBIT margin.

The full quarterly financial report will be published tomorrow, 11
November.

The shares of LPKF Laser & Electronics AG are listed on the TecDAX index of
the Frankfurt 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.


10.11.2015 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 Aktiengesellschaft
              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:       Regulated Market in Frankfurt (Prime Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
              Stuttgart
 
End of Announcement                             DGAP News-Service
 
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