Press Release

LPKF's earnings for 2016 impacted by non-recurring effects

LPKF has decided to recognize extraordinary write-downs in its risk provisioning in order to reflect the continued weakness of the LDS business in particular. This will impact earnings (EBIT) in the amount of EUR 6 – 6.5 million in 2016. The write-downs relate to inventories and capitalized development costs. Liquidity will be unaffected.

The Management Board had previously forecasted revenue of EUR 90-110 million and an EBIT margin of between -3% and +6% for the 2016 financial year assuming stable global economic development. Excluding these non-recurring effects the Management Board currently expects revenue and the EBIT margin to be at the lower end of the previous guidance.
The comprehensive figures for the third quarter will be published on November 14, 2016.
LPKF Laser & Electronics AG’s shares are listed in the Prime Standard of the Frankfurt Stock Exchange (ISIN 0006450000).
Information on key financial indicators can be found on page 49 of LPKF Laser & Electronics AG’s Annual Report 2015.
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