Marcy’s Musings: Operating Without a Rulebook
It’s Only Common Sense: Hire for Hunger, Train for Skill
Dan’s Biz Bookshelf: ‘The 'NVIDIA Way: Jensen Huang and the Making of a Tech Giant’
LPKF Posts Strong Order Book in Q1 Supports Growth Trajectory
May 2, 2023 | LPKFEstimated reading time: 2 minutes
In the first quarter of 2023, LPKF Laser & Electronics SE generated consolidated revenue of EUR 20.2 million (1Q22: EUR 25.8 million including customer push outs from 2021) and earnings before interest and taxes (EBIT) of EUR -6.6 million (1Q22: EUR 1.0 million), which is in line with our forecast. The revenue development is characterized by the seasonality of our deliveries while the disproportionate but expected decline in EBIT is the result of lower revenue and the different product mix of the first quarter.
The order situation of the technology company continued to develop positively. At EUR 39.6 million, order intake after three months was 65% up on the previous year. The order backlog rose from EUR 60.8 million in the previous year to EUR 82.6 million, approx. EUR 67 million of which are due for delivery in the current year. The strong order situation reflects the demand for the laser specialist's solutions and underpins the strong business development announced for the second half of the year.
For the second quarter of 2023, LPKF expects revenue of EUR 25 to 30 million and EBIT of EUR -3 to 1 million. "As announced, a large part of the solar orders on hand will convert to revenue in the second half of the year," says CFO Christian Witt. "In addition, we are making good progress both in our core business and in the area of new strategic business initiatives, which have us look into the future with confidence."
The Management Board confirms the forecast for 2023, according to which it expects revenue of EUR 125 to 140 million and EBIT of 3% to 7%. This forecast includes risks from the current economic and political environment.
In the medium term, as previously communicated, LPKF aims to achieve an attractive single-digit growth rate for its core business. Together with the employees, CEO Dr. Klaus Fiedler has established active product portfolio management, which is driving forward the technologies in the core business with ever new innovations. "Our core business will continue to show sustainable organic growth through a clear focus on technological innovation and tangible customer benefits," says Fiedler. "Our new business initiatives targeting the semiconductor, display and biotechnology markets are tracking as expected and shall contribute low triple-digit million-euro revenue in the medium term alongside our core business." Based on the growth in turnover and the resulting economies of scale, the Management Board aims to achieve an attractive double-digit EBIT margin for the LPKF Group in the coming years.
In addition to developing new and innovative customer solutions, sustainability is an integral part of the company's strategy. As a technology company, LPKF supplies equipment for the production of solar modules and other smart solutions that can improve its customers' carbon footprint through lower material usage and higher product quality.
Share on:
Testimonial
"The I-Connect007 team is outstanding—kind, responsive, and a true marketing partner. Their design team created fresh, eye-catching ads, and their editorial support polished our content to let our brand shine. Thank you all! "
Sweeney Ng - CEE PCBSuggested Items
ESD Alliance Reports Electronic System Design Industry Posts $5.5 Billion in Revenue in Q4 2025
04/15/2026 | SEMIElectronic System Design (ESD) industry revenue increased 10.3% to $5,466.3 million in the fourth quarter of 2025 from the $4,955.2 million registered in the fourth quarter of 2024, the ESD Alliance, a SEMI Technology Community, announced today in its latest Electronic Design Market Data (EDMD) report.
Punching Out: How Many PCB Companies Are There in North America Now?
03/19/2026 | Tom Kastner -- Column: Punching Out!When I am asked how many PCB shops are still in the U.S., my answer is usually, “About 130. How many do you want to buy?” However, I do not really know the number. My job is either to sell PCB shops or help people buy them, not to count them. I probably should keep better track of them, but many are small (70% have revenue below $10 million), or they say they are making boards even if they rent out their facility as an auto repair shop.
EIPC Winter Conference 2026 Review: The Keynote Sessions
02/11/2026 | Pete Starkey, I-Connect007Aix-en-Provence (pronounced “ex-ahn-pro-vonse”), a historic city and commune in the south of France, about 20 miles north of Marseille, was the pleasant venue for EIPC’s Winter Conference in early February. Industry delegates from 11 European countries, as well as from the U.S. and China, gathered at the Renaissance Hotel for a two-day programme, “Driving the Future: Innovation, Energy, and Sustainability in PCB Technology.” An added attraction was a privileged visit to the ITER fusion power project at the Cadarache research and development centre.
SMTA Space Coast: What's Needed to Modernize Defense Solder Standards
12/23/2025 | Nolan Johnson, I-Connect007Long-time lead-free solder investigator, Denny Fritz, hit the SMTA Space Coast Expo in November to drum up support for an initiative to include lead-free solder in milaero-based printed circuit board assemblies. In this interview, Denny provides background on the genesis of the “consider all solders” project and why it matters to continue leading this effort.
I-Connect007 Editor’s Choice: Five Must-Reads for the Week
11/28/2025 | Nolan Johnson, I-Connect007Yesterday was the U.S. Thanksgiving holiday. The traditional meal is, of course, roast turkey with “all the trimmings.” Although not everyone observes that menu, most do, and it was reported that 42 million turkeys were consumed on that day. With an average weight of 16 pounds per turkey, we cooked up 672 million pounds! With approximately 342 million people in the U.S, that pencils out to just under two pounds of drumstick and white meat per person. That, my friends, is a whole lot of leftovers.