EANS-News: LPKF raises the bar higher

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Subtitle: Boom in orders in first half – German laser specialist raises turnover
and
earnings target for 2010 again

Garbsen (euro adhoc) - Garbsen, 13 August 2010 - LPKF Laser & Electronics AG has
boosted its turnover
in the first six months of the ongoing financial year to EUR 37 million. This
corresponds to a rise of 63 % compared to the first half in 2009. Quarterly
earnings before interest and tax exceeded the expectations at EUR 8 million,
and an EBIT margin of 23 %. The company generated a turnover of EUR 19 million
in the second quarter alone, generating an EBIT of EUR 4 million

Chairman of the Board of Managing Directors Dr. Ingo Bretthauer assesses the
development in the first half of the year as revealing a significant broadening
of the foundations for growth. "LPKF is enjoying a growth trend which is now
being boosted by the dawning recovery of the overall economy. The LPKF Group is
profiting in all of its segments from the increasing demand for high-tech
production solutions."

Against the background of the stabilization of the overall economic conditions,
and the continuing excellent level of orders, the Board of Managing Directors
has raised the turnover forecast for the ongoing financial year to at least
EUR
68 million, and set the target EBIT margin higher, to at least 17 %.

Cutting & Structuring Lasers made the biggest contribution to the expansion in
business with a year-on-year growth of 142 %, primarily due to the strong
business with laser direct structuring systems (LDS). The systems delivered to
date have proven effective under real production conditions, to the extent that
LDS technology has now established a leading position in the production of
smartphone antennae. There is also growing demand for the LDS method for the
production of laptop antennae and sensoric components in the automotive sector.

At the beginning of June, LPKF reported a major order totaling nearly EUR 6
million for laser systems for depanelling printed circuit boards. Laser
depanelling systems open up new options for PCB manufacturers. This is seen by
the LPKF Group as a business with very promising growth potential.

The other segments also enjoyed a positive development in business activity in
the first half. Positive signals are also increasingly coming from the business
with laser systems for scribing thin-film solar panels. In the light of the
current recovery, the Board of Managing Directors considers the Thin-film
Technologies Segment to have good medium term growth opportunities in a dynamic
market.

The high capacity utilization in Garbsen in particular, and the expected
growth, has to be matched by investment, especially in development, service and
production. Money will also be invested this year and next in new buildings and
rebuilding measures at the Garbsen site.

LPKF Laser & Electronics AG is a leading international group of companies
specialized in laser systems for micro-material processing. Founded in 1976,
the Group has its headquarters in Garbsen near Hannover in Germany, and does
business around the world together with its subsidiaries and representatives.
LPKF has 430 employees around the world, of which 200 are in Garbsen. The
shares in LPKF Laser & Electronics AG are traded on the Prime Standard of the
Frankfurt Stock Exchange (ISIN 0006450000).

Further inquiry note:
LPKF Laser & Electronics AG
Bettina Schäfer, Investor Relations
Tel: (05131) 7095-382
end of announcement euro adhoc
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issuer: LPKF Laser & Electronics AG
Osteriede 7
D-30827 Garbsen
phone: +49(0)5131 7095 382
FAX: +49(0)5131 7095 90
mail: investorrelations@lpkf.de
WWW: http://www.lpkf.de
sector: Semiconductors & active components
ISIN: DE0006450000
indexes: CDAX, Prime All Share, Technology All Share
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, Hannover, München
language: English

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