LPKF Laser & Electronics AG

euro adhoc: LPKF Laser & Electronics AG
Financial Figures/Balance Sheet / LPKF: Weak first quarter but high level of orders received

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  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
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14.05.2008

AD HOC ANNOUNCEMENT PURSUANT TO SECTION 15 WPHG

LPKF: Weak first quarter but high level of orders received

Financial ratios to 31 March 2008:

|                    |2008 (3       |2007 (3 months)|Change      |
|                    |months)       |               |            |
|                    |              |               |            |
|Turnover TEUR       |8,462         |7,965          |+6.2%       |
|Profit TEUR         |-371          |512            |            |
|Net margin          |-4.4%         |6.4%           |            |
|EBIT TEUR           |-317          |711            |            |
|EBIT margin         |-3.7%         |8.9%           |            |
|EPS EUR             |-0.03         |0.05           |            |
|Cash and cash       |              |               |            |
|equivalents         |1,926         |3,994          |-51.8%      |
|Capital ratio       |68.7%         |71.8%          |            |
|Orders in hand of   |              |               |            |
|Group 31.03. TEUR   |12,684        |5,467          |+132.0%     |
|Orders received by  |              |               |            |
|Group 31.03. TEUR   |11,830        |7,984          |+48.2%      |

Group performance 

The LPKF Group increased its turnover by 6.2 % in the first quarter 2008, and was therefore well short of the target. EBIT registered a loss of TEUR 317. However, the orders in hand in the first three months rose by TEUR 5,062 to TEUR 12,684.

The high level of orders received was mainly attributable to long term orders in the Solar segment, and orders in the Rapid Prototyping and Plastic Welding segments. The Stencil segment was able to considerably boost its level of orders received in the first quarter with the launch of two new machine models: the associated sales will largely be realised in the second quarter. The performance of the PCB Processing and MID segments was lower than expected.

Outlook

The Board of Managing Directors considers the weak turnover performance in the first quarter to be a temporary anomaly, and rates the excellent level of orders in hand as a clear sign for a stronger second quarter and a positive Group performance in the first half of the 2008 financial year.

LPKF Laser & Electronics AG shares are quoted on the Prime Standard of the Frankfurt Stock Exchange (ISIN 0006450000).

end of announcement                               euro adhoc
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Further inquiry note:

Bettina Schäfer
Tel.: +49 (0)5131 7095 382
b.schaefer@lpkf.de

Branche: Semiconductors & active components
ISIN: DE0006450000
WKN: 645000
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Hannover / free trade
Börse München / free trade
Original-Content von: LPKF Laser & Electronics AG, übermittelt durch news aktuell

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