LPKF Laser & Electronics SE — Earnings Release 2002

Aug 23, 2002

News Details

Ad-hoc | 23 August 2002 06:29

LPKF Laser & Electronics english

LPKF posts clear positive result in first six months Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– LPKF Laser & Electronics AG posted a profit after the first six months of the 2002 financial year. Compared with the same period the previous year, turnover rose by 9.1% to KEUR 12,870 (KEUR 11,796). The associated consolidated profit was KEUR 1,053 (KEUR 873). This corresponds to a return on sales after tax of 8.2% (7.4%). The EBIT is KEUR 1,707 (KEUR 1,750), corresponding to a margin of 13.3% (14.8%). The diluted profit per share is EUR 0.10. At KEUR 4,386 (KEUR 818) cash and cash equivalents have considerably improved compared to the same period last year. The current order backlog of LPKF Laser & Electronics AG is EUR 3.41 million (EUR 2.22 million). The positive quarterly result is attributable to the sales successes of Stencil and MicroLine Drill lasers. In addition, a positive contribution was also made by the sale of a MicroLine Laser for a biosensor application. A general observation is that despite the global economic nervousness, there is still unbroken interest in LPKF products, although clients are still postponing their investment decisions. The short to medium-term developments are dependent on the development of the international electronics and circuit board markets. end of ad-hoc-announcement (c)DGAP 23.08.2002 ——————————————————————————– WKN: 645000; ISIN: DE0006450000; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 230629 Aug 02