Edition:
United States

LPKF Laser & Electronics AG (LPKG.DE)

LPKG.DE on Xetra

9.76EUR
11:36am EDT
Change (% chg)

€-0.06 (-0.66%)
Prev Close
€9.82
Open
€9.70
Day's High
€9.81
Day's Low
€9.65
Volume
19,576
Avg. Vol
55,074
52-wk High
€10.88
52-wk Low
€5.75

Latest Key Developments (Source: Significant Developments)

LPKF Laser Q1 revenue up by 65 percent at 24.5 million euros
Thursday, 11 May 2017 02:01am EDT 

May 11 (Reuters) - LPKF LASER & ELECTRONICS AG ::STARTS 2017 WITH MAJOR ORDERS.REVENUE FOR FIRST THREE MONTHS AMOUNTED TO EUR 24.5 MILLION, UP 65% ON SAME PERIOD OF PREVIOUS YEAR AND SIGNIFICANTLY AHEAD OF EXPECTATIONS.IS CONFIRMING ITS FORECAST FOR 2017 FINANCIAL YEAR.ANTICIPATES REVENUE OF BETWEEN EUR 92 MILLION AND EUR 100 MILLION AND AN EBIT MARGIN OF BETWEEN 1% AND 5% FOR 2017.REVENUE IS EXPECTED TO CONTINUE TO GROW IN SUBSEQUENT YEARS. LPKF INTENDS TO RETURN TO GENERATING EBIT MARGINS OF AT LEAST 10% IN MEDIUM TERM.Q1 OPERATING INCOME (EBIT) WAS POSITIVE AT EUR 0.1 MILLION, THEREBY EXCEEDING PRIOR-YEAR FIGURE AND COMPANY'S EXPACTATIONS BY SOME DISTANCE.Q1 INCOMING ORDERS AND ORDERS ON HAND WERE UP 52% AND 83% RESPECTIVELY YEAR-ON-YEAR.  Full Article

LPKF receives further major orders from solar industry
Friday, 28 Apr 2017 01:52am EDT 

April 28 (Reuters) - LPKF Laser & Electronics AG ::Said on Thursday received further major orders from solar industry.Orders with a total value of approx. 10 million euros ($10.86 million).Orders will be reported mainly in the revenue of the year 2018.Confidentiality has been agreed with the client about the specific details of the orders.  Full Article

LPKF increases revenue in Q1 by 65 pct
Friday, 7 Apr 2017 08:49am EDT 

LPKF Laser & Electronics AG : Increases revenue in first quarter 2017 by 65 pct . Order intake after three months reached 29.2 million euros ($31.02 million) and was also above previous year's figures (+ 52 pct) .Orders on hand also rose by 83 pct year on year to 32.4 million on 31 March 2017.  Full Article

LPKF FY 2016 revenue up at 91 mln euros
Wednesday, 22 Mar 2017 03:03am EDT 

LPKF : Closed 2016 financial year with revenue of 91 million euros ($98.39 million)(+4.4% year-on-year) and earnings before interest and taxes (EBIT) of eur -6.8 million . Q4 of 2016 was particularly strong, with revenue of 30 million euros and adjusted EBIT of 3 million euros . In following years, company intends to increase its revenue further . Is aiming to generate EBIT margins of at least 10% again in medium term . Incoming orders amounted to 106 million euros in 2016, which also represented an increase on previous year (+28%) .Is forecasting revenue of 92-100 million euros and an EBIT margin of between 1% and 5% for current financial year.  Full Article

LPKF Laser & Electronics CEO Ingo Bretthauer will not extend his contract as member of management board
Wednesday, 22 Mar 2017 02:21am EDT 

LPKF Laser & Electronics AG :Said on Tuesday CEO Ingo Bretthauer will not extend his employment contract as a member of the management board of LPKF Laser & Electronics AG.  Full Article

LPKF Laser & Electronics CEO Ingo Bretthauer will not extend his contract as member of management board
Tuesday, 21 Mar 2017 01:34pm EDT 

LPKF Laser & Electronics AG :Said on Tuesday CEO Ingo Bretthauer will not extend his employment contract as a member of the management board of LPKF Laser & Electronics AG.  Full Article

LPKF FY revenue up 5 pct at about 91 mln euros
Tuesday, 7 Feb 2017 03:00am EST 

LPKF : Begins 2017 financial year with full order books . Closed 2016 financial year with consolidated revenue of approx. 91 million euros ($97.20 million), achieving its most recent revenue forecast and growth of almost 5 pct . Orders on hand amounted to 28 million euros at end of december, which also represented an increase on previous year as expected (+110 pct) . Is forecasting revenue of 92-100 million euros and an EBIT margin of between 1 pct and 5 pct for current financial year . In subsequent years, group wants to further increase revenue .In medium term, managing board aims to return to EBIT-margins of at least 10 pct.  Full Article

LPKF adjusts FY 2016 forecast
Friday, 28 Oct 2016 06:33am EDT 

LPKF : Decides to recognize extraordinary write-downs in its risk provisioning in order to reflect continued weakness of LDS business in particular . This will impact earnings (EBIT) in amount of 6 million - 6.5 million euros ($6.54 million - $7.09 million) in 2016 . Excluding these non- recurring effects management board currently expects FY revenue and EBIT margin to be at lower end of previous guidance .Previously forecasted revenue of 90 million - 110 million euros and an EBIT margin of between -3 percent and +6 percent for FY 2016.  Full Article

LPKF H1 sales at almost 40 million euros
Monday, 15 Aug 2016 02:00am EDT 

LPKF Laser & Electronics AG : Sales in first half year reached almost 40 million euros ($44.63 million), EBIT stayed negative at -3.7 million euros . Orders received in first half of year amounted to almost 60 million euros, almost 40 pct higher than those received during first half of previous year . For 2016, board of directors expects to achieve sales of 90 to 110 million euros and an EBIT margin of between -3 pct and +6 pct, if global economy remains stable .For 2017, board expects an increase in sales and a clearly positive result.  Full Article

Lpkf Laser & Electronics lowers FY 2016 revenue outlook
Monday, 2 May 2016 02:30am EDT 

Lpkf Laser & Electronics AG:Following a weak first quarter, the board of directors is adjusting the revenue forecast for 2016 and intensifying cost reduction measures.Anticipates revenue of 90 million - 110 million euros for whole of 2016 (down from 100 million - 120 million euros).  Full Article

More From Around the Web

BRIEF-LPKF Laser Q1 revenue up by 65 percent at 24.5 million euros

* REVENUE FOR FIRST THREE MONTHS AMOUNTED TO EUR 24.5 MILLION, UP 65% ON SAME PERIOD OF PREVIOUS YEAR AND SIGNIFICANTLY AHEAD OF EXPECTATIONS