LPKF Laser & Electronics AG increased turnover and profit compared to the previous year. The Group enjoyed a 15 percent rise in turnover year-on-year to 22.5 million Euro in the first half, and improved earnings from 0.5 million Euro the previous year to 2.8 million Euro. The EBIT margin after six months was 12 percent. The level of orders received at 23.2 million Euro almost matched last year’s high level of 24.1 million. „We are well posistioned with our wide product range and a strong orientation to innovative production technologies. In the current economic crisis our customers receive technologies which enable them to produce more economically, or to develop completely new products“, says Dr. Ingo Bretthauer, CEO of LPKF. The company performance overall exceeded expectations in the first half. Growth was generated by the Cutting & Structuring Laser segment – where there was particularly strong demand for the production of MIDs. Turnover in the other segments was either down or barely changed as a consequence of the current economic situation. Given the good order situation in some segments, the Board of Managing Directors expects the Group to generate an annual turnover matching last year’s level, and a considerably improved level of earnings.
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