GARBSEN, GERMANY – LPKF today reported net profits rose 149% year-over-year to record levels.
The company, which makes laser-driven stencil fabrication equipment, reported revenue climbed 60% to 81 million euros. Earnings before interest and tax (EBIT) rose 143% to 17 million euros.
Fourth-quarter revenues were 20 million euros, and EBIT topped 2 million euros, the firm said.
LPKF guided for similar revenue in 2011, and 10% growth in 2012 and 2013, respectively, assuming the global economy maintains its growth. The EBIT margin forecast is 15 to 19%.