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LPKF forecasts another record year

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LPKF forecasts another record year

LPKF has boosted turnover in the first nine months of the ongoing financial year to 61 million Euro. This corresponds to a rise of 76 % compared to the same period the previous year. At 15 million and an Ebit margin of 24 %, earnings before interest and tax after nine months were well above forecast. The company turned over 24 million Euro in the third quarter alone, generating an Ebit of almost 7 million Euro. The Chairman of the Board of Managing Directors, Dr. Ingo Bretthauer, is forecasting a record turnover of approx. 79 million Euro for the ongoing financial year, and expects to more than double earnings, with an Ebit margin of approx. 19 %. Bretthauer is very satisfied with the fast development of the company’s business, and intends to grow further in future. “The major jump in growth this year is attributable to the market breakthrough of our LDS technology, as well as several major orders in the Cutting & Structuring Lasers segment. For the next financial year we are currently forecasting a stabilization of our business activities. We also see promise of further growth in several segments in the following financial years.”

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