GARBSEN, GERMANY – LPKF Laser & Electronics has boosted its second-quarter earnings to $5.1 million, up 155% year-over-year. Sales for the quarter were up 52% compared to the same quarter last year, to $24.3 million.

In the first six months, sales reached $47.4 million, up 63% year-over-year. First-half earnings before interest and tax were $10.2 million, up more than 183% compared to the same period in 2009.

 “The LPKF Group is profiting in all of its segments from the increasing demand for high-tech production solutions,” said chairman Dr. Ingo Bretthauer. 

The board raised the sales forecast for the year to at least $87.2 million, and set the target earnings margin higher, to at least 17%.

At the beginning of June, LPKF reported a major order totaling nearly $7.7 million for laser systems for depaneling PCBs.