LPKF: Third Quarter Results
The unabated demand from international customers for laser systems for use in electronic component manufacturing enabled LPKF Laser & Elec-tronics AG, Garbsen, Germany, to boost revenue by 36% year on year to EUR 82.5 million in the first nine months of the current financial year. Earnings before interest and taxes (EBIT) improved from EUR 9.2 million to EUR 14.8 million. This corresponds to an increase of 61% and an EBIT margin of just under 18%. At revenue of EUR 32.2 million and EBIT of EUR 7.3 million, the third quarter was the strongest ever in the company’s history. The EBIT margin was 23%.
Due to the positive business performance in the year’s second half, the LPKF Group has slightly raised its previous guidance for 2012. The Group now expects consolidated revenue to come in between EUR 106 million and EUR 109 million. This compares to the previous guidance calling for consolidated revenue between EUR 100 million and EUR 105 million. LPKF expects an EBIT margin between 16% and 17% after initially expecting 15% to 17%.
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