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LPKF Laser & Electronics AG

ots Ad hoc-Service: LPKF Laser & Electronics <DE0006450000> Large Volume of Orders Announced Alongside Six Month Figures

Hannover (ots Ad hoc-Service) -

The sender is solely responsible for the contents of this
announcement.
With a consolidated turnover of DM 21.5 million in the first half
of 2000, LPKF Laser & Electronics AG, Garbsen near Hannover,
generated an EBIT of DM 4.6 million or 21.4 per cent. And because the
usual seasonal development, and an accounting shift into July, means
that the turnover in the first half of the year is around 38 per cent
of the projected annual turnover as explained at the presentation of
the six month figures the management board forecasts that the
budgeted figures for the whole of 2000 will be achieved. The current
volume of orders for the second half at the head office in Garbsen
has grown to a record figure of around DM 14 million. Of great
strategic significance here is the order for a second MicrolineLaser
by a co-operation partner. The first order has also been received for
a Polymer-StencilLaser. In addition, the first half 2000 saw the
first orders for two Flexlaser systems arising from the Mania
co-operation, and the sale of a ProtoLaser. This demonstrates that
the new technologies are being accepted. Market launch has begun.
As at 22.08.00, the orders received by the parent company totalled
DM 25.8 million, up around 55 per cent year-on-year.
The French distribution company founded in December 1999 is
already in profit. LPKF plans to establish their own subsidiary in
the Chinese growth market before the end of the year. A subsidiary is
then planned for Singapore in 2001. LPKF expects to receive an
additional boost in orders on the back of its participation at
electronica 2000 in Munich in November - the world's leading
electronics trade fair. Negotiations are currently ongoing on
establishing new partnerships and expanding existing partnership
agreements.
For more details, please look us up in the internet at
www.lpkf.de.
End
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