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10/28/2016 12:33:23

LPKF's earnings for 2016 impacted by non-recurring effects


LPKF Laser & Electronics Aktiengesellschaft  / Key word(s): Miscellaneous

28.10.2016 12:33

Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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LPKF's earnings for 2016 impacted by non-recurring effects

Garbsen, October 28, 2016 - LPKF has decided to recognize extraordinary
write-downs in its risk provisioning in order to reflect the continued
weakness of the LDS business in particular. This will impact earnings
(EBIT) in the amount of EUR 6 - 6.5 million in 2016. The write-downs relate
to inventories and capitalized development costs. Liquidity will be
unaffected.

The Management Board had previously forecasted revenue of EUR 90-110
million and an EBIT margin of between -3% and +6% for the 2016 financial
year assuming stable global economic development. Excluding these non-
recurring effects the Management Board currently expects revenue and the
EBIT margin to be at the lower end of the previous guidance.

The comprehensive figures for the third quarter will be published on
November 14, 2016.

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

Information on key financial indicators can be found on page 49 of LPKF
Laser & Electronics AG's Annual Report 2015.

Forward-looking statements

This ad hoc disclosure 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 results,
financial position, development, or performance of the company and the
estimates provided here.


28.10.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at 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, Tradegate Exchange
 
End of Announcement                             DGAP News-Service
 
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