LPKF Laser & Electronics SE — Earnings Release 2001

Aug 24, 2001

News Details

Ad-hoc | 24 August 2001 10:34

LPKF Laser & Electronics english

Ad-hoc-announcement processed and transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– LPKF presents a positive half-year result in a very difficult market situation In spite of the global economic downturn on the electronics market, LPKF managed to increase the group turnover year-on-year by 7.6% to EUR 11.8 million. The group result was KEUR 873 (KEUR 1178), which corresponds to a sales return after tax of 7.4% (10.7%). Turnover EBIT Return on sales after tax KEUR % KEUR % Q2 2001 6296 410 6.5 228 3.6 Q2 2000 5221 1037 19.9 480 9.2 H1 2001 11796 1750 14.8 873 7.4 H1 2000 10967 2343 21.4 1178 10.7 The earnings per share is EUR 0.08 (EUR 0.11). Inventories within the group have increased, by KEUR 3,019 to KEUR 10,557. This increase mainly results from the new system generation of the segments Rapid PCB Prototyping, StencilLaser and MicroLine Drill. Future customer orders can therefore be carried out within a very short delivery time. Measures to reduce inventories till the end of the year have been taken, e. g. reducing production and replenishment disposition, but also intensifying the sales activities. Numerous contract negotiations currently taking place with potential customers show the great interest in LPKF’s product innovations like ProtoLaser, MicroLine Drill and StencilLaser. This potential again highlights the attractiveness of LPKF’s product range. The current orders in hand of the LPKF AG are EUR 2.22 million. The future-oriented R&D activities, mainly in the fields of MicroLine Laser and 3-D MID, will continue to be actively progressed to extend, the technological leadership. This segment will show a high potential in demand in 2002/2003. LPKF Laser & Electronics AG will give a more detailed, outlook on the forecast for 2001 in September. LPKF and Mania agreed to stop their cooperation. Companies LPKF Laser & Electronics AG and Mania Technologie AG announce that they have stopped their cooperation of marketing and sales of a system for cutting flexible PCBs. The reason for ending the cooperation is that expected turnover could not be reached. In future, LPKF will offer the system on the market via its own distribution organisation. http://www.lpkf.de end of ad-hoc-announcement (c)DGAP 24.08.2001 ——————————————————————————– WKN: 645000; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 241034 Aug 01