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LPKF Releases Annual Report Print E-mail
Written by Philip Buonpastore   
Thursday, 27 March 2008

TUALATIN, OR - LPKF Laser & Electronics boosted sales by 6.1 % year-on-year to $66.6 million. EBIT was on target at $9.45 million.

Sales of Rapid Prototyping systems rose by 21.1% to $24.15 million. The Stencil, Inspection Systems and PCB Processing segments were affected by their high export share outside of the Euro zone and competition with the Dollar, and failed to match the previous year's sales levels.

LPKF began selling laser systems for the scribing of thin-film solar panels at the beginning of 2007, and the segment has experienced strong development, according to the company.

The Board of Managing Directors and the Supervisory Board has reported that it will propose a resolution at the Annual Meeting to pay a dividend of 19 cents per share, as in the previous financial year.

The company has reportedly started the 2008 financial year with a 25% year-over-year increase of orders on hand.

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