Sales shock at LPKF: Forecast for 2024 is drastically reduced!

Sales shock at LPKF: Forecast for 2024 is drastically reduced!

Garbsen, Deutschland - shocking sales figures at LPKF Laser & Electronics SE! In the third quarter of 2024, sales drastically collapsed from 33 million euros to only 27.3 million euros. But that's not all! EBIT has also deteriorated catastrophically: from 2.6 million euros in the previous year to a whopping -1.2 million euros. Despite an adjusted EBIT of -0.6 million euros that comply with the quarterly forecast, the signs are on storm!

In the first nine months, sales are 82.5 million euros, a slight increase compared to the previous year. But the loss per share grows! Instead of 0.22 euros, investors now have to live with 0.35 euros. The order situation also looks dark: the order input fell by 10.5 percent to 84.1 million euros, and the order stock fell to 61.2 million euros. Not a nice sight for the shareholders of LPKF.

radical measures in the automotive sector

The automotive sector suffers particularly strongly from the weak demand, which the Welding division is extremely stressful. In order to counteract, LPKF has already initiated costs. But there is hope: A recovery of the order in order in the areas of electronics and solar is expected in the coming months, and the demand for the new lide technology shows positive tendencies. In addition, the biotechnology division of arralyze causes great interest in individual cell analysis.

Nevertheless, the rescue could be too late! LPKF must now reduce its sales forecast for 2024 to 125 to 130 million euros, from previously 130 to 135 million euros. The expected EBIT margin was also corrected downwards and is now between 3.5 and 6.5 percent. Investors are alarmed, while the LPKF share in Tradegate trading is EUR 8.58 by 2.17 percent.