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LPKF LASER & ELECTRONICS AG

(LPK)
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DGAP-Adhoc : LPKF presents preliminary results after six months 2021 and updates full-year guidance

07/21/2021 | 04:37am EDT
DGAP-Ad-hoc: LPKF Laser & Electronics Aktiengesellschaft / Key word(s): Half Year Results/Forecast 
LPKF presents preliminary results after six months 2021 and updates full-year guidance 
21-Jul-2021 / 10:35 CET/CEST 
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a 
service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
Garbsen, 21.07.2021 - Based on preliminary figures, LPKF Laser & Electronics AG generated consolidated revenue of EUR 
20.1 million (Q2 2020: EUR 30.5 million) and preliminary earnings before interest and taxes (EBIT) of approximately EUR 
-1.7 million (Q2 2020: EUR 5.2 million) in the second quarter of 2021. 
After six months, consolidated revenue reached EUR 36.4 million, 27% below the previous year's figure of EUR 50.0 
million. As expected, the Solar segment recorded low sales of approx. EUR 3.1 million in the first half of 2021 (1H 
2020: EUR 15.2 million). As previously announced, significant orders on hand for solar systems will be delivered in the 
second half of the year. EBIT in the first half of the year was at EUR -5.9 million, compared to EUR 2.8 million in the 
same period of the previous year. 
Incoming orders in the second quarter of 2021 were at EUR 30.2 million, up 69% on Q2 2020 of EUR 17.9 million. The 
resulting book-to-bill ratio for the second quarter is 1.5 (Q2 2020: 0.6). The orders on hand reached EUR 53.6 million 
as of June 30, 2021 (June 30, 2020: EUR 21.9 million), an increase of 145 %. 
Based on the preliminary key figures for the first half of the year, the Management Board has issued a guidance for the 
third quarter of 2021 and reviewed its guidance for the full year 2021. 
The Management Board expects revenue for the third quarter of 2021 to reach EUR 30 - 35 million (Q3 2020: EUR 25.2 
million) and EBIT of EUR 3 - 7 million (Q3 2020: EUR 4.0 million). 
LPKF confirms the figures stated in its previous guidance for 2021, according to which the company expects revenue to 
grow by 15 -25% to a consolidated revenue of EUR 110 - 120 million, assuming moderate overall economic growth. The EBIT 
margin is expected to be between 10 - 13%. 
As previously communicated, the Company has made significant progress in the market launch of LIDE technology and 
received the first order for series production in the semiconductor industry at the beginning of June 2021. LPKF 
remains convinced that LIDE technology will achieve a breakthrough into mass production in various application areas. 
However, due to a change in the assessment of the time schedule for current customer projects, the Management Board no 
longer sees a realistic chance of a major order for LIDE technology for the current financial year. 
Going forward, the company continues to expect sustainable, profitable growth in each business unit and confirms its 
medium-term targets. 
The 1H 2021 financial report with final revenue and earnings figures will be published on July 29, 2021. 
LPKF Laser & Electronics AG shares are listed on the SDAX and TecDAX of the Frankfurt Stock Exchange (ETR:LPK, ISIN: 
0006450000) 
Explanation of the key figures 
EBIT: Earnings before interest and taxes 
EBIT margin: earnings before interest and taxes / sales x 100 
Book-to-Bill-Ratio: Incoming orders / revenue 
About LIDE 
LPKF's LIDE technology (Laser Induced Deep Etching) enables customers to process thin glass quickly, precisely and 
without any damage such as micro cracks. This makes LIDE a basic technology for many microsystems technology 
applications, including the production of microchips, displays, sensors or MEMS. 
Contact: 
Bettina Schäfer, Department Manager Group Communication & Investor Relations 
=---------------------------------------------------------------------------------------------------------------------- 
21-Jul-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and 
Press Releases. 
Archive at www.dgap.de 
=---------------------------------------------------------------------------------------------------------------------- 
Language:     English 
Company:      LPKF Laser & Electronics Aktiengesellschaft 
              Osteriede 7 
              30827 Garbsen 
              Germany 
Phone:        +49 (0) 5131 7095-0 
Fax:          +49 (0) 5131 7095-95 
E-mail:       investorrelations@lpkf.com 
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:  1220595 
 
End of Announcement  DGAP News Service 
=------------ 

1220595 21-Jul-2021 CET/CEST

 
Image link: 
https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1220595&application_name=news 
 

(END) Dow Jones Newswires

July 21, 2021 04:36 ET (08:36 GMT)

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Financials
Sales 2021 116 M 136 M 136 M
Net income 2021 9,52 M 11,1 M 11,1 M
Net cash 2021 21,4 M 25,0 M 25,0 M
P/E ratio 2021 53,4x
Yield 2021 0,58%
Capitalization 488 M 573 M 572 M
EV / Sales 2021 4,02x
EV / Sales 2022 2,46x
Nbr of Employees 698
Free-Float 100%
Chart LPKF LASER & ELECTRONICS AG
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LPKF Laser & Electronics AG Technical Analysis Chart | LPK | DE0006450000 | MarketScreener
Technical analysis trends LPKF LASER & ELECTRONICS AG
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TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
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Mean consensus BUY
Number of Analysts 5
Last Close Price 19,95 €
Average target price 34,56 €
Spread / Average Target 73,2%
EPS Revisions
Managers and Directors
Christian Witt Chief Financial Officer
Jean-Michel Richard Chairman-Supervisory Board
Dirk Michael Rothweiler Deputy Chairman-Supervisory Board
Ludger Overmeyer Member-Supervisory Board
Bettina Schńfer Manager-Investor Relations & Communication
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