LPKF Laser & Electronics AG Reports Revenue Results for the Fourth Quarter of 2017; Revises Earnings Guidance for the Full Year of 2017; Provides Earnings Guidance for the full year of 2018
For the year 2017, the company now expects consolidated revenue of EUR 102 million and EBIT margin of between 2% and 4%.
For the year 2018, the company anticipates group sales of between EUR 103 million and EUR 108 million and a return on capital employed (ROCE) of between 2% and 7%, assuming a stable development of the global economy. An EBIT margin of up to 6% is assumed. LPKF aims to generate ROCE between 10% and 15% by 2020. This improvement is expected to result from growing business, especially with new products, and an optimized fixed cost base.