-
- News
- Books
Featured Books
- pcb007 Magazine
Latest Issues
Current IssueThe Growing Industry
In this issue of PCB007 Magazine, we talk with leading economic experts, advocacy specialists in Washington, D.C., and PCB company leadership to get a well-rounded picture of what’s happening in the industry today. Don’t miss it.
The Sustainability Issue
Sustainability is one of the most widely used terms in business today, especially for electronics and manufacturing but what does it mean to you? We explore the environmental, business, and economic impacts.
The Fabricator’s Guide to IPC APEX EXPO
This issue previews many of the important events taking place at this year's show and highlights some changes and opportunities. So, buckle up. We are counting down to IPC APEX EXPO 2024.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - pcb007 Magazine
LPKF Hits the Upper Range of Its Q3 Targets
October 27, 2022 | LPKFEstimated reading time: 2 minutes
LPKF Laser & Electronics AG generated a Group revenue of EUR 86.8 million in the first nine months of 2022, an increase of 44 % compared to the previous year. An EBIT of EUR 2.5 million was reached following a loss of EUR 5.2 million in the previous year. In the third quarter, revenue increased by 31% year-on-year to EUR 31.3 million, slightly above the forecast and with an EBIT of EUR 0.8 million which is in the upper range of the guidance.
Incoming orders year-to-date stand at EUR 73.1 million (YTD 2021: € 89.6). However, this amount does not yet include any major project orders from the Solar segment. Orders on hand as of September 30, 2022, stand at EUR 48.8 million, of which around EUR 30 million are due for delivery in the current fiscal year.
Christian Witt, CFO of the LPKF Group, says: "We have achieved our targets in the first three quarters despite the challenging environment and remain confident in our forecast for FY 2022. We have largely been able to mitigate supply chain interruptions and secure delivery to our customers as planned. We are well prepared to continue on this path."
Despite a challenging macroeconomic environment, LPKF continues to make progress in its business and corporate development. LPKF just launched the Laser Transfer Printing (LTP) technology on the tradeshow glasstec in Düsseldorf. LTP is a digital printing solution for ceramic inks, colors can be transferred to flat glass with unprecedented precision. The Tensor technology recently introduced this year has already recorded significant incoming orders, and the first LIDE deliveries for applications in the display backplane sector have begun.
Dr. Klaus Fiedler comments on the progress in the current fiscal year: "I am pleased that we continued our positive trend and that our technologies and solutions are getting good market traction. This is evident in many areas of our core business as well as in our growth areas LIDE and ARRALYZE. We are making progress in gradually moving into high-volume application areas with a stronger customer focus and sustained partnerships."
In ARRALYZE, delivery of the first systems to Beta customers will begin in the fourth quarter as planned. In addition, ARRALYZE has already been able to establish funding for the research of innovative medical technology as part of a consortium in a research project for the prevention and care of epidemically occurring infections by the German Federal Ministry of Education and Research.
Outlook
Against the backdrop of the current political and economic environment, the ability to plan and predict the development of LPKF's business is significantly limited. The Management Board narrows its outlook for the full year 2022 and expect Group revenues of EUR 117 million - EUR 127 million and an EBIT margin between 2 % and 7 %.
Based on the information given at the Capital Markets Day in September 2022, LPKF reaffirms the market potential of its technologies and remains confident to its growth prospects in the existing core businesses as well as within the new business initiative LIDE and ARRALYZE. In the medium term, LPKF’s aspiration is to achieve attractive growth in its core business, a low triple-digit million-euro revenue for its new business initiatives, and an attractive double-digit EBIT margin.
Suggested Items
Punching Out: Breaking Out of the Valuation Box
05/09/2024 | Tom Kastner -- Column: Punching Out!Most companies are in a “valuation box.” That is, the value of the company, based on a market multiple, is not equal to the value of the assets. Or worse, once debt is paid off, the net proceeds would actually be negative. Here are some tips for getting out of the box.
Incap Releases Unaudited Business Review for January–March 2024
05/08/2024 | IncapRevenue for the first quarter 2024 amounted to EUR 51.4 million (1–3/2023: EUR 72.2 million). Year-on-year the revenue decreased 29.3%, as expected.
Schweizer Electronic: Business Development in Q1 2024
05/08/2024 | Schweizer Electronic AGThe sales of the SCHWEIZER Group amounted to EUR 39.2 million in the first quarter of 2024 (Q1 2023: EUR 37.1 million). This corresponds to an increase of +5.5 percent compared to the same quarter of the previous year.
Key Tronic Announces Results for Q3 of Fiscal Year 2024
05/08/2024 | Globe NewswireFor the third quarter of fiscal year 2024, Key Tronic reported total revenue of $140.5 million, compared to $164.6 million in the same period of fiscal year 2023.
Fabrinet Announces Q3 Fiscal Year 2024 Financial Results
05/07/2024 | FabrinetFabrinet, a leading provider of advanced optical packaging and precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers of complex products, today announced its financial results for its third fiscal quarter ended March 29, 2024.