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LPKF LASER & ELECTRONICS AG

(LPK)
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LPKF Laser & Electronics : receives another order from the solar industry

09/15/2021 | 11:42am EDT
09/15/2021
LPKF receives another order from the solar industry

After the technology company LPKF Laser & Electronics AG received a major order from a leading global solar module manufacturer in July, LPKF now reports another order with a volume of almost EUR 10 million. The new order is expected to generate revenue in 2022/2023.

LPKF has been a leading supplier of highly specialized laser systems for structuring thin-film solar modules for 14 years. Thin-film modules are characterized by high economic efficiency and are mainly used in the professional sector.

Christian Witt, CFO of LPKF, says: 'With these two major orders we have strengthened our strong position in the solar market. Our laser systems enable our customers to produce more efficient solar modules at lower cost. LPKF will be excellently positioned in this fast-growing sector in the future.'

With the new order, the order backlog in the Solar segment exceeds EUR 40 million. Possible risks to on-time delivery, e.g. due to logistics bottlenecks, are monitored on an ongoing basis.

LPKF is the market leader for the structuring of thin-film solar modules and contributes to climate protection with its innovative processes. Laser technology from LPKF makes the production of solar power more competitive - even without government subsidies.

About LPKF

LPKF Laser & Electronics AG is a leading supplier of laser-based solutions for the technology industry. LPKF laser systems are vital in the manufacture of printed circuit boards, microchips, automotive parts, solar panels, and many other components. Founded in 1976, the company is headquartered in Garbsen near Hanover, Germany, and is active worldwide through subsidiaries and agencies. The shares of LPKF Laser & Electronics AG are listed on the SDAX and the TecDAX of the Deutsch Börse stock exchange (ISIN 0006450000).

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Disclaimer

LPKF - Laser & Electronics AG published this content on 15 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 September 2021 15:41:03 UTC.


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Sales 2021 114 M 132 M 132 M
Net income 2021 8,32 M 9,66 M 9,66 M
Net cash 2021 16,9 M 19,6 M 19,6 M
P/E ratio 2021 55,9x
Yield 2021 0,59%
Capitalization 478 M 556 M 555 M
EV / Sales 2021 4,05x
EV / Sales 2022 2,47x
Nbr of Employees 698
Free-Float 100%
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Mean consensus BUY
Number of Analysts 5
Last Close Price 19,55 €
Average target price 34,70 €
Spread / Average Target 77,5%
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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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