Growth course: finally the LPKF share increases: LPKF goes back to black | news

“The increase in orders for our core business and tangible progress in our new business areas make us confident for the year 2022 as a whole, despite the volatile market environment,” said CEO Klaus Fiedler according to the announcement. on the occasion of the presentation of the interim report on Thursday in Garbsen near Hanover. In the first quarter, LPKF increased its sales significantly and also gained again after the loss in 2021.

LPKF manufactures laser systems for the production of printed circuits, microchips, auto parts and solar modules. In the first quarter, the company achieved a turnover of almost 26 million euros, 59% more than the previous year. This was also due to delays in several projects, which had pushed revenues from the end of 2021 into the new year.

Gross of interest and taxes (EBIT), LPKF earned one million euros after a loss of four million the year before. The company has thus reached the upper limit of its quarterly forecast. The bottom line was once again a small surplus of € 0.7 million.

From the perspective of the board, LPKF is well prepared for tight supply chains and logistics problems. The company has increased its inventory and can meet customer demand despite general uncertainties. In the first quarter, the company brought in orders of € 24 million, twelve percent more than the previous year. The order book rose to almost 61 million euros.

However, in light of the current political and economic environment, business development can only be planned and predicted to a limited extent, the statement said. The management was mainly referring to problems with the shipment of products, especially in the solar division. LPKF had already had to lower its forecasts last year due to bottlenecks in logistics.

For the current year, management continues to forecast sales of between 110 and 130 million euros. 2-7% of this should remain as operating profit before interest and taxes. For the second quarter, LPKF expects sales of between 25 and 30 million euros. The operating result should be between minus 1.5 million euros and plus 2.5 million euros. Current logistics challenges have already been taken into account in this forecast.

The news was well received on the stock exchange. LPKF stock finally gained 9.87% via XETRA on Thursday at EUR 11.91, making it the clear leader of the SDAX small cap index. Since the beginning of the year, however, the card has still lost around 37% of its value.

/ stw / jcf / mis


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