euro adhoc: LPKF Laser & Electronics AG / Quarterly or Semiannual Financial Statements / LPKF’s second quarter 2004 confirms positive development in turnover (E)

---------------------------------------------------------------------
Disclosure announcement transmitted by euro adhoc.
The issuer is responsible for the content of this announcement.
---------------------------------------------------------------------

The Group generated the following results in the first six months:

2004 (6m)  2003 (6m)  Change
Turnover KEUR                 11,159     9,538      + 17.0%
EBIT KEUR                        229      -292      +178.4%
EBIT margin                     2.1%     -3.1%
Result KEUR                      -36       -99      + 63.6%
EPS EUR                         0.00     -0.01
Cash and cash equivalents KEUR 6,262     5,264      + 19.0%
Capital ratio                  72.7%     70.1%
Orders received by AG
per 10 Aug. KEUR              11,851     8,547      + 38.7%
Orders in hand at AG
per 10 Aug. KEUR               3,168     3,011      +  5.2%

Notes on the quarterly results:
The development in turnover in the second quarter shows a clear
upwards trend. The increase in turnover is particularly satisfactory
in the Laser Systems segment which - pushed by the cutting and
drilling laser systems - boasts a growth of 28%. The Rapid PCB
Prototyping segment also posted clear growth with an increase in
turnover of 16%. This rise was largely attributable to the
developments and market launch of the new H100, a fully automatic
system for the production of prototype PCBs.
The consolidated performance is still depressed by the new laser
welding technology of Laserquipment AG. For 2005, however, it is
Laserquipment’s aim to produce a break even, when the new products
are launched onto the market. The successful installation of welding
systems in the medical technology and automotive sectors in
particular are promising signs of the planned expansion in growth.

Outlook 2004:
Orders received in the last few weeks, from Asia in particular,
confirm that LPKF Laser & Electronics AG is pursuing the right growth
strategy. LPKF Laser & Electronics AG generates its highest turnover
in the second half of the financial year, which is also reflected in
the current high level of orders in hand and confirms the Board of
Managing Directors’ forecast. The major growth in orders received and
orders in hand is all the more significant considering that a large
volume order was received in the comparable period the previous year.
In the 3D-MID segment, the technology is establishing itself more and
more. Additional systems were sold in the reporting period. The
demand for 3D-MID samples and services also reflects a considerable
rise in interest by the relevant industries so that a further
increase in turnover can be expected here in the future.
All of LPKF’s product segments feature an exclusive range of
innovative products tailored to today’s and tomorrow’s demand. The
greater willingness of industry to invest opens up excellent
opportunities worldwide.

Further inquiry note:
Ulrike Thoms-von Meding
LPKF Laser & Electronics AG
Tel.: +49(0)5131 7095 382
[email protected]
Tel: +49(0)5131 7095 382
FAX: +49(0)5131 7095 90
Email: [email protected]

end of announcement euro adhoc 12.08.2004
---------------------------------------------------------------------

Emittent: LPKF Laser & Electronics AG
Osteriede 7
DE-30827 Garbsen
Tel: +49(0)5131 7095 382
FAX: +49(0)5131 7095 90
Email: [email protected]
WWW: http://www.lpkf.de
ISIN: DE0006450000
WKN: 645000
Indizes: CDAX, Prime All Share, Prime Standard, Technologie All
Share
Börsen: regulated dealing Frankfurter Wertpapierbörse; free trade
Niedersächsische Börse zu Hannover, Berliner Wertpapierbörse,
Bayerische Börse, Hamburger Wertpapierbörse, Bremer Wertpapierbörse
(BWB), Börse Düsseldorf, Baden-Württembergische Wertpapierbörse
Branche: Semiconductors & active components
Sprache: Englisch

OTS-ORIGINALTEXT UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS | OTB

print