LPKF Laser & Electronics SE

LPK

Equity

ISIN DE0006450000 / Valor 967495

Xetra (2025-10-21)

EUR 6.88-1.29%

LPKF Laser & Electronics SE
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About company

LPKF Laser & Electronics SE, headquartered in Garbsen near Hannover, Germany, is a leading global technology company specializing in laser technology, precision mechanics, and software. Founded in 1976, LPKF has established itself as a pioneer in providing laser-based solutions for the electronics, automotive, solar energy, and pharmaceutical industries, among others. The company's laser systems play a crucial role in the development and manufacturing of printed circuit boards, microchips, automotive parts, solar modules, and precision glass components, enabling customers to produce smaller, more precise parts while enhancing functionality and design possibilities. With a presence in over 70 countries, 11 subsidiaries across Europe, Asia, and North America, and approximately 750 employees worldwide, LPKF continues to invest in innovative processes to open new growth markets and maintain its competitive edge. The company's shares are listed on the Prime Standard of the Deutsche Börse.

Summarized from source with an LLMView SourceSector: Technology

Revenue Performance

In the third quarter of 2024, LPKF Laser & Electronics SE reported revenues of EUR 27.3 million, a decrease from EUR 33 million in the same period last year. For the first nine months of 2024, total sales reached EUR 82.5 million, slightly up from EUR 80.9 million in 9M 2023.

Profitability Metrics

The company recorded an EBIT of EUR -1.2 million for Q3 2024, compared to EUR 2.6 million in Q3 2023. Adjusted EBIT stood at EUR -0.6 million, aligning with LPKF’s guidance. For the first nine months, adjusted EBIT was EUR -5.6 million, with a total EBIT of EUR -6.7 million.

Order Backlog and Incoming Orders

Incoming orders for the first nine months totaled EUR 84.1 million, reflecting a 10.5% decline from EUR 94.0 million in the previous year. The order backlog decreased from EUR 76.2 million to EUR 61.2 million. LPKF anticipates an improvement in order entry within the Electronics and Solar segments, while the Welding segment remains challenged by the automotive sector's weakness.

Segment Performance

The Welding segment continues to struggle due to reduced demand from the automotive industry, with revenues, earnings, and incoming orders falling below expectations. Conversely, the LIDE systems business demonstrates strong momentum, with expectations to double sales compared to the previous year, driven by the adoption of glass substrates in semiconductor manufacturing.

Cost Reduction Initiatives

LPKF has identified and is implementing measures to enhance efficiency and reduce operating costs, targeting annualized savings of EUR 5-7 million. These initiatives are expected to significantly improve the EBIT margin in 2025.

Outlook and Guidance

For the full financial year 2024, LPKF now projects consolidated revenues between EUR 125 and 130 million and an adjusted EBIT margin of 3.5-6.5%, slightly revised from previous estimates. The company remains focused on achieving double-digit EBIT margins in the medium term, leveraging growth in its core and new business segments.

Summarized from source with an LLMView Source

Key figures

-24.1%1Y

-17.7%3Y

-64.5%5Y

Performance

32.6%1Y

36.1%3Y

42.6%5Y

Volatility