SMT & Inspection | April 28, 2010
LPKF raises forecast for fiscal 2010
LPKF Laser & Electronics AG has raised its forecast for turnover and earnings for 2010.
The new forecast for the 2010 financial year is for a turnover of at least EUR 60 million (previous year: EUR 51 million) and an EBIT margin of at least 14 % (previous year: 14 %). The upward revision of the forecast has been made against the background of the strong rise in incoming orders for the Cutting and Structuring Lasers Segment. Following the continued growth in the first quarter of 2010 in the business with systems for Laser Direct Structuring (LDS), LPKF received another major order on 27 April 2010 for LDS systems totaling around EUR 5 million. Further details are being kept confidential in agreement with the client.