Garbsen/Hanover, 19 May 2004 – the Q1 2004 report just published by LPKF Laser & Electronics AG, Garbsen/ Hanover, reveals a clear improvement in the company’s economic situation: whilst turnover has risen by around 11.4 per cent year-on-year to 5.09 million (4.56), earnings have increased by 61 per cent, and earnings before interest and tax (EBIT) has even grown by 72 per cent. However, one-off human resource costs and the weakness of the dollar mean that the company has posted a slight loss of K€ -84 (-217). Nevertheless,” says Chairman of the Board of Managing Directors Bernd Hackmann, “restoring dividend payments for 2003 is fully justified. Orders received in recent weeks from Asia in particular make us optimistic for the whole of 2004! The first quarter is usually the weakest in the year at LPKF.”
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