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LPKF Laser & Electronics AG

euro adhoc: LPKF Laser & Electronics AG
quarterly or semiannual financial statement
LPKF: Record first quarter turnover

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
12.05.2006
Ad hoc announcement pursuant to
                                 Section 15 WPHG
LPKF: Record first quarter turnover
The Group generated the following results in  the  first  three  months  of  the
financial year:
|                  |2006 (3 months) |2005 (3 months)|Change   |
|Turnover TEUR     |8,141           |6,958          |+17.0%   |
|Profit TEUR       |700             |940            |-25.5% * |
|Net margin        |8.6%            |13.5%          |         |
|EBIT TEUR         |1,507           |1,633          |-7.7% *  |
|EBIT margin       |18.5%           |23.5%          |         |
|EPS EUR           |0.06            |0.09           |-33.3% * |
|Cash and cash     |                |               |         |
|equivalents TEUR  |7,019           |6,522          |+7.6%    |
|Capital ratio     |67.2%           |69.7%          |         |
|Orders in hand of |                |               |         |
|group 31.3 TEUR   |8,374           |4,658          |+79.8%   |
|Orders received by|                |               |         |
|group 31.3 TER    |8,719           |7,504          |+16.2%   |
Notes on the quarterly results:
The LPKF Group boosted turnover in the  first  three  months  by  17%
to  8.141 million E to post the best first quarter turnover ever in
the company's  30-year history.
The growth is primarily attributable to a strong increase in the
laser  segment which rose by 41.1%. In particular, business with
3D-MID laser systems was  very satisfactory and generated a real
contribution to earnings for  the  first  time of 1,205 TE.
The successful trend in the Laser Plastic-Welding segment the
previous year  has continued, putting it ahead of target with a
turnover of 842 TE.  This  division is also showing a clear move away
from  production  services  to  the  sale  of systems.
While turnover in the Inspection/Special Systems segment was  down
year-on-year in the first three months, there was a clear increase in
sales in the Rapid  PCB Prototyping segment. Turnover here grew by
11% to 2,621 TE.
* Profits at 700 TE are down by around 240 TE on the same  period
the  previous year. However, direct comparison between the first
quarters  in  2006  and  2005 are limited by two factors: the profit
in Q1 2005 was  raised  by  extraordinary income from  the  sale  of
stencil  laser  production  in  North  America;  and provisions for
bonuses were set aside in the first quarter  2006.  Adjusted  for
these special effects, profit in Q1 2006 actually rose by 166 TE.
Outlook 2006
Orders in hand and the current  level  of  orders  received  indicate
that  the company will continue to develop positively in the ongoing
financial  year,  and will  benefit  from  the  trends  in  the
global  electronics  market   towards miniaturisation, shorter
product cycles and higher productivity.
The positive development in the Laser Plastic-Welding  and  3D-MID
segments  is particularly  satisfactory  because  the  high  level
of  investment  in  these segments in the past is now generating the
expected rewards.
The management expects additional positive impulses to come  during
the  course of the financial year from the market launch of new and
higher quality  products in coming months. The turnover target in the
ongoing  financial  year  is  E  41 million, to rise to E 50 million
by the end of 2007.
LPKF Laser & Electronics AG shares are quoted  in  the  Prime
Standard  of  the Frankfurt stock exchange (ISIN 0006450000).
end of announcement                               euro adhoc 12.05.2006 14:07:20

Further inquiry note:

Bettina Schäfer
Tel.: +49 (0)5131 7095 382
b.schaefer@lpkf.de

Branche: Semiconductors & active components
ISIN: DE0006450000
WKN: 645000
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Niedersächsische Börse zu Hannover / free trade
Bayerische Börse / free trade

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