LPKF increases revenue in first quarter 2017 by 65%

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According to preliminary figures, LPKF Laser & Electronics AG has reached a revenue of EUR 24.5 million in the first quarter in the current financial year. This is a 65% increase year-on-year and significantly above expectations. All four segments of the LPKF Group have contributed to this growth.

Order intake after three months reached EUR 29.2 million and was also above the previous year’s figures (+ 52%). This was influenced by some major single orders. Orders on hand also rose by 83% year on year to 32.4 million on 31 March 2017. This results in a book-to-bill ratio of 1,2.

The Managing Board considers the strong figures of the first quarter as a confirmation that the company is making good progress with its intended path towards growth and profitability.

Earnings will be published together with the full financial quarterly report on 12th of May.