- 19.01.2011, 11:44:07
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EANS-News: LPKF expands in Japan and China (with photo)
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Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
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Garbsen (euro adhoc) - Garbsen, 19 January 2011 - LPKF Laser & Electronics AG
expects outstanding
business figures for 2010. Turnover will probably be up 56 % to around EUR 79
million, with an EBIT margin of 19 %. The success of the Garbsen-based laser
specialist is largely attributable to its booming export business. And the
biggest market is China where most of the laser systems are used for
electronics production.
LPKF Chairman of the Board of Managing Directors Dr. Ingo Bretthauer opened two
new sales and service branches in Asia this week. LPKF already had six sites in
China, and has now added a seventh branch office with its new sales and
marketing office in Shanghai - in the dynamic center of the Chinese electronics
industry. "Our clients have a right to expect us to be located nearby. It is
essential for LPKF to have a dense sales and service network in our most
important market," says Bretthauer.
The Japanese are considered to be the technical leaders in the electronics
sector, and the Japanese market is renowned for its very high standards. The
Japanese electronics industry innovatively occupies the prime segments of the
electronic consumer goods sectors, and maintains this leading position by
manufacturing all the critical components in its own country. This is why it is
particularly important for Bretthauer that LPKF now has its own subsidiary in
Japan. LPKF Japan K.K. in Yokohama to the south of Tokyo will not only
strengthen the Group´s sales and service in Japan, but also generate important
feedback on the latest electronic trends for the benefit of research and
development work in Garbsen.
As part of the measures to concentrate the sales and marketing network, LPKF AG
has transferred its stake in the French subsidiary to the local management,
which will focus in future on selling Rapid Prototyping products. LPKF
Deutschland will take over responsibility for the sale and marketing of laser
systems in France and the Benelux countries.
LPKF Laser & Electronics AG is a technology company specializing 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 around 450
employees globally, of which 200 are in Garbsen. The shares of 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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Pictures with Announcement:
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http://resources.euroadhoc.com/us/TKTZ35CT
http://resources.euroadhoc.com/us/APUfZ8kA
company: 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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