EANS-News: LPKF Laser & Electronics AG / Miniaturization brings momentum LPKF reports stronger growth than expected

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Financial Figures/Balance Sheet/Laser Technology

Garbsen (euro adhoc) - Mechanical engineering specialist LPKF today
announced yet another record revenue of EUR 115 million for financial
year 2012, thus surpassing the previous year's figure by 26%.
Earnings before interest and taxes (EBIT) came in at EUR 20 million,
a year-on-year increase of 34%. The EBIT margin was 18%. At revenue
of EUR 33 million and EBIT of EUR 6 million, the fourth quarter was
stronger than expected. The EBIT margin was 17% during this period.

The ongoing trend for miniaturization of electronic equipment is
paving the way for the use of laser technology in the industrial
production of especially small or delicate parts. The Garbsen-based
laser specialist is benefiting from this trend because its machines
are replacing conventional production techniques such as punching,
milling or the use of adhesives.

The 2012 financial year was impacted by a major order from the solar
energy industry. But other product groups also showed a very dynamic
development. The biggest source of revenue in the Electronics
Production Equipment segment was the business with laser direct
structuring (LDS) systems, which picked up momentum especially in the
year's second half. Laser systems for depanelling circuit boards (PCB
Production Equipment) also performed very well.

To further propel the strong growth in the plastic welding business
(Welding Equipment), LPKF plans to expand capacity at its Erlangen
site significantly this year by purchasing a building. This
investment has a total volume of around EUR 14 million.

The number of employees at LPKF grew by 88 to 690 in 2012. In view of
the solid development of operations in 2012 and the good prospects
for the new financial year, the Management Board and the Supervisory
Board intend to propose to the Annual General Meeting on 23 May 2013
that a dividend of EUR 0,50 per share be paid. Based on the closing
price for 2012, this would correspond to a dividend yield of 3,2%.
The performance of the LPKF share, which is listed on the TecDAX
index, also was reason to celebrate for the company's shareholders:
In the 2012 financial year, the share gained 66% to close at EUR
15.75.

Outlook: Since a large portion of the solar energy order was
completed in 2012, the company is expecting a noticeable drop in
revenue in its Solar Module Equipment business in 2013. However,
plans are to compensate for this decline by recording growth in other
areas.

On the whole, the Management Board expects the LPKF Group to generate
revenue of EUR 115 to EUR 120 million for 2013 assuming stable
performance by the global economy. Revenue growth is planned for all
segments outside the solar energy business. Provided the material
cost ratio remains largely the same, staff costs rise due to the new
hires and other expenses stay near current levels, costs will rise
somewhat more sharply than revenue. The EBIT margin should be between
15% and 16% in 2013.

The Management Board expects a stable economic environment in both
2014 and 2015, with revenue growth of approximately 10% per year on
average and a slight increase in the EBIT margin.

The full 2012 annual report is available in German at
www.lpkf.de/investor-relations/finanzberichte/index.htm and in
English at
www.lpkf.com/investor-relations/financial-reports/index.htm LPKF will
be holding a conference call (in English) for analysts and investors
on 26 March 2013 at 4.00 pm (CET). The conference call will later be
available for download from the company's website.

About LPKF LPKF Laser & Electronics AG specializes in the production
of laser systems for micro material processing, a field in which it
is the world leader in several sectors. Founded in 1976, the Group
has its headquarters in Garbsen near Hannover in Germany and does
business around the world together with its subsidiaries and
representatives. LPKF has 690 employees globally. The shares in LPKF
Laser & Electronics AG are traded on TecDAX index of the Frankfurt
Stock Exchange (ISIN 0006450000).

Further inquiry note:
LPKF Laser & Electronics AG
Bettina Schäfer, Investor Relations Manager (CIRO)
Tel: (05131) 7095-1382

end of announcement euro adhoc
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company: LPKF Laser & Electronics AG
Osteriede 7
D-30827 Garbsen
phone: +49(0)5131 7095 1382
FAX: +49(0)5131 7095 90
mail: investorrelations@lpkf.de
WWW: http://www.lpkf.de
sector: Machine Manufacturing
ISIN: DE0006450000
indexes: TecDAX, CDAX, Prime All Share, Technology All Share
stockmarkets: free trade: Hannover, Berlin, München, Hamburg, Düsseldorf,
Stuttgart, regulated dealing/prime standard: Frankfurt
language: English