LPKF Posts H1 Revenue Growth of 39% | Print |  E-mail
Written by Chelsey Drysdale   
Wednesday, 14 August 2013 21:37

GARBSEN, GERMANYLPKF reported year-over-year first-half revenue growth of 39% to EUR 70 million. The company’s EBIT doubled to about EUR 15 million compared to 2012.

Due to strong demand for laser direct structuring systems in the first half, LPFK also raised its forecast, expecting to post revenue between EUR 119 million and EUR 123 million in 2013, up from previous guidance of EUR 115 million to EUR 120 million.

A major order from the solar industry had a positive effect on revenue in the first six months. LPKF is preparing for a noticeable decline in revenue in its solar module equipment business in the second half. At EUR 56 million, incoming orders after six months are down 6% compared with the prior-year period.

LPKF still expects revenue to grow by approximately 10% yearly.

EUR 1 = US$1.3256

 

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