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08/12/2005 08:35:26

euro adhoc: LPKF Laser & Electronics AG / Quarterly or Semiannual Financial Statements / LPKF results strengthened further (E)=


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  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
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11.08.2005

The Group achieved the following results in the first six months:

~
                   2005 (6 mon.) 2004 (6 mon.) Change
                                               
Turnover K EUR          15,787        11,159       + 41.5%
Profit K EUR             1,435           -46           
Net margin                9.1%         -0.4%         
EBIT K EUR               2,762           219     + 1,161.2%
EBIT margin              17.5%          2.0%          
EPS EUR                   0.13          0.00          
Cash and cash                                  
equivalents K EUR        6,987         6,262        + 11.6%
Capital ratio            69.4%         72.7%         
Orders in hand of                              
AG as at 30.6. K EUR     3,667         2,452        + 49.6%
Current orders AG                              
on 11.8. K EUR           4,076         3,168        + 28.7%
Orders received by                             
AG on 31.3. K EUR       12,600        10,170        + 23.9%
~

Notes on the half year results:

In the first 6 months of the 2005 financial year, LPKF achieved an increase in
turnover by 41.5%, thereby exceeding its own targets for growth for the second
quarter. The rise in costs was disproportionately low compared to growth in
turnover, enabling the EBIT margin to rise considerably from 2.0% to 17.5%. The
booming business in Asia with Cutting and Drilling Laser Systems is again the
platform for the successful development in LPKF's business. The successful
marketing of high end StencilLaser systems is particularly interesting. In
addition, growth was also boosted by the inspection systems developed by the
subsidiary LPKF Motion & Control GmbH. The previously loss-making Laser Plastic
Welding segment generated a profit for the first time, and met its targets
earlier than planned. The investment in this business sector is now beginning to
pay off. The performance of the Rapid PCB Prototyping segment was slowed down in
the first months of the financial year by a delay in delivery of a new Protomat
model, but is now catching up on the shortfall with a rising sales. 

Outlook 2005:
A continuation of the strong growth is indicated by the excellent performance of
the group in the first half of 2005, the substantial number of orders in hand
and the renewed increase in orders received by LPKF AG. The Board of Managing
Directors is optimistic to reach the targeted turnover of EUR 30 million by the
end of the year and expects the EBIT margin to be around 14 %. 

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

Further inquiry note:
Bettina Schäfer
Tel.: +49 (0)5131 7095 382
b.schaefer@lpkf.de

emitter:      LPKF Laser & Electronics AG
              Osteriede  7
              D-30827 Garbsen
phone:        +49(0)5131 7095 382
FAX:          +49(0)5131 7095 90
mail:         b.schaefer@lpkf.de
WWW:          ¿U1http://www.lpkf.de¿U0
ISIN:         DE0006450000
indexes:      Prime Standard, CDAX, Prime All Share, Technologie All Share
stockmarkets: regulated dealing: Frankfurter Wertpapierbörse, free trade:
              Berliner Wertpapierbörse, Hamburger Wertpapierbörse,
              Baden-Württembergische Wertpapierbörse, Börse Düsseldorf,
              Niedersächsische Börse zu Hannover, Bayerische Börse, Bremer
              Wertpapierbörse (BWB) 
sector:       Semiconductors & active components
language:     English
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