euro adhoc: LPKF Laser & Electronics AG / Quarterly or Semiannual Financial Statements / LPKF Laser & Electronics AG - figures 3rd quarter (E)

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2002 (9 months) 2001 (9 months) Change in % Consolidated sales KEUR 18,266 KEUR 16,278 12.2% Return on sales 4.5% 5.0% EBIT KEUR 1,623 KEUR 1,685 -2.2% EBIT margin 8.9% 10.4% EPS (diluted) EUR 0.08 EUR 0.07 Cash and cash KEUR 4,768 KEUR 1,101 333% equivalents ~ The current orders in hand of LPKF Laser & Electronics AG is EUR 5.8 million (EUR 1.0 million), up 480% year-on-year.

2002 (Q3) 2001 (Q3) Change in %

Consolidated sales KEUR 5,396 KEUR 4,483 20.4% EBIT KEUR -61 KEUR -101 39.6%
EPS (diluted) EUR -0.02 EUR -0.01

Notes on the 9 months/Q3 results The positive 9 months result is attributable to the successful sales of laser cutting and drilling systems. There is still no revival in demand in the Rapid Prototyping and Stencils segments, and the figures here are still down on the previous year. The third quarter is seasonally the period with the weakest sales and led to a negative result in 2002. This is solely attributable to a strong decline in turnover in the USA. Revised outlook for 2002 Although customers continue to delay their investment decisions, there is still an unbroken interest in LPKF products as reflected in the high level of orders in hand. In the MicroLine Laser segment alone, orders on hand total around EUR 3 million - most of these orders will be delivered in 2003. Despite a very good start to the fourth quarter, the cautious investment approach and the delay in the recovery of the electronics market mean that the sales and profits targets for the 2002 financial year will not be achieved. It now appears that sales of approx. EUR 25 million can be achieved. We are confident of generating a good result in 2002 with figures clearly in the black. Our target is still to pay the shareholders a dividend. Outlook 2003 In the 2003 financial year, LPKF Laser & Electronics AG intends to market new significant product innovations responding directly to the continued weakness of the electronics and printed circuit board markets. The US-business will be strengthened by introducing new strategies. Events after the reporting date After completing the third quarter, LPKF Laser & Electronics AG exercised its option of increasing its stake in Laserquipment AG from 19.99% to 51%. Personnel has been reduced at the Belgian branch LPKF Franklin N.V. in response to the weak turnover. More information is available at

Further inquiry note:
Ulrike Thoms-von Meding
Tel.: +49(0)5131 7095 382
Tel: +49(0)5131 7095 382
FAX: +49(0)5131 7095 90

end of announcement euro adhoc

Emittent: LPKF Laser & Electronics AG
Osteriede 7
DE-30827 Garbsen
Tel: +49(0)5131 7095 382
FAX: +49(0)5131 7095 90
ISIN: DE0006450000
WKN: 645000
Börsen: free trade Baden-Württembergische Wertpapierbörse, Bayerische Börse, Berliner Wertpapierbörse, Börse Düsseldorf, Bremer Wertpapierbörse (BWB), Hamburger Wertpapierbörse, Niedersächsische Börse zu Hannover; Neuer Markt Frankfurter Wertpapierbörse Branche: Semiconductors & active components
Sprache: Englisch