DGAP-News: LPKF expecting significant revenue growth in second half of the year after a weak first six months


DGAP-News: LPKF Laser & Electronics Aktiengesellschaft / Key word(s): Half Year Report
LPKF expecting significant revenue growth in second half of the year after a weak first six months

29.07.2021 / 08:00
The issuer is solely responsible for the content of this announcement.

Garbsen, 29 July 2021 - The LPKF Group generated consolidated revenue of EUR 36.4 million in the first half of the year, 27% less than in the previous year. The decline in revenue is almost exclusively attributable to the Solar segment, where existing orders are scheduled for delivery in the third and fourth quarters of 2021. The decline in revenue led to negative EBIT (earnings before interest and taxes) of EUR 5.9 million (previous year: EUR +2.8 million).

At the beginning of the year, the company had already announced a weak first half-year and a significantly stronger second half-year. In fact, the order situation improved considerably in the second quarter, thus providing the basis for the planned higher revenue in the second half of the year.

Incoming orders amounted to EUR 51.7 million in the first six months, an increase of 30.5% year on year. In the second quarter, order intake even increased by 69% to EUR 30.2 million. This leads to a book-to-bill ratio of 1.4 in the first half of the year and of 1.5 in the second quarter. Orders on hand rose by 145% compared with the same period of the previous year, reaching EUR 53.6 million as of 30 June 2021.

Christian Witt, Chief Financial Officer of LPKF, is not satisfied with the development of the business in the first half of the year but is looking confidently ahead to the second half and beyond: "We see not only the significantly improved order situation, but also an increasing demand for our solutions in various business areas."

Even though the company has tempered expectations of larger revenues from the innovative LIDE (Laser Induced Deep Etching) technology in the short term, the Management Board remains convinced that LIDE technology will enable glass to be used as a material for high-tech industry and lead to profound changes in production processes as a result. "We are making very good progress with the market launch," emphasized Witt, adding, "LIDE is an important growth driver for LPKF's future development."

As recently confirmed, the company expects moderate macroeconomic growth in the current year. For 2021, LPKF anticipates revenue growth of between 15% and 25% to consolidated revenue of EUR 110 million to EUR 120 million. The EBIT margin for the financial year 2021 is expected to be between 10% and 13%.

LPKF continues to expect sustainable, profitable growth in all segments in the coming years, and is confirming its medium-term outlook.

The half-yearly financial report is available in German and English at https://www.lpkf.com/en/investor-relations/publications/financial-reports

About LPKF
LPKF Laser & Electronics AG is a leading supplier of laser-based solutions for the technology industry. LPKF laser systems are vital in the manufacture of printed circuit boards, microchips, automotive parts, solar panels and many other components. Founded in 1976, the company is headquartered in Garbsen near Hanover, Germany, and is active worldwide through subsidiaries and agencies. The shares of LPKF Laser & Electronics AG are listed on the SDAX and the TecDAX of the Deutsch Börse stock exchange (ISIN 0006450000).

Bettina Schäfer, Department Manager Group Communication & Investor Relations

29.07.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: LPKF Laser & Electronics Aktiengesellschaft
Osteriede 7
30827 Garbsen
Phone: +49 (0) 5131 7095-0
Fax: +49 (0) 5131 7095-95
E-mail: [email protected]
Internet: www.lpkf.com
ISIN: DE0006450000
WKN: 645000
Indices: SDAX, TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1222486

End of News DGAP News Service

1222486  29.07.2021 


Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022e
Umsatzerlöse1 91,12 102,07 119,96 140,03 96,24 93,57 123,00
EBITDA1,2 1,31 11,63 14,88 26,94 14,84 9,60 13,90
EBITDA-Marge3 1,44 11,39 12,40 19,24 15,42 10,26 11,30
EBIT1,4 -6,75 3,95 6,82 19,25 7,54 0,06 6,20
EBIT-Marge5 -7,41 3,87 5,69 13,75 7,83 0,06 5,04
Jahresüberschuss1 -8,82 1,15 8,04 13,15 5,34 -0,11 4,10
Netto-Marge6 -9,68 1,13 6,70 9,39 5,55 -0,12 3,33
Cashflow1,7 5,67 9,57 11,51 48,04 3,97 7,92 12,00
Ergebnis je Aktie8 -0,40 0,05 0,33 0,54 0,22 0,00 0,17
Dividende8 0,00 0,00 0,00 0,10 0,10 0,00 0,05
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2021 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: KPMG

LPKF Laser
WKN Kurs in € Einschätzung Börsenwert in Mio. €
645000 11,280 Halten 276,32
KGV 2023e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
17,35 25,51 0,68 62,32
3,00 34,88 2,95 35,11
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
0,10 0,00 0,00 19.05.2022
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
28.04.2022 28.07.2022 27.10.2022 23.03.2022
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-14,73% -35,38% -42,27% -47,19%
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu LPKF Laser & Electronics Aktiengesellschaft  ISIN: DE0006450000 können Sie bei DGAP abrufen

Laser , 645000 , LPK , XETR:LPK