LPKF LASER & ELECTRONICS AG

(LPK)
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Delayed Xetra  -  11:36 2022-06-24 am EDT
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LPKF Laser & Electronics : Dr Klaus Fiedler appointed new Chief Executive Officer of LPKF Laser & Electronics AG

09/29/2021 | 04:24am EDT

DGAP-Ad-hoc: LPKF Laser & Electronics Aktiengesellschaft / Key word(s): Personnel
Dr Klaus Fiedler appointed new Chief Executive Officer of LPKF Laser & Electronics AG

29-Sep-2021 / 10:21 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Garbsen, 29 September 2021 - The Supervisory Board of the technology company LPKF Laser & Electronics AG today appointed Dr Klaus Fiedler as its Chief Executive Officer. His term of office will commence on 1 April 2022 or earlier and the contract will run for three years.

Klaus Fiedler, 50, has a Ph.D. in Physics. He has extensive international business experience as well as wide knowledge of technology, product innovation, and product development. Most recently, Fiedler was Vice President and Head of Corporate Ventures at SCHOTT AG where he was responsible for the global identification, assessment, and incubation of new business opportunities. Before that, he served in various senior management roles at Knowles Electronic Business in China, at NXP in Austria and at Philips Research in the USA and Germany. Fiedler has lived and operated across the world, led cross-functional business initiatives and multi-cultural teams, and has a track record of successfully developing strategic Global Tier 1 accounts.

The Supervisory Board believes that Fiedler is perfectly suited to drive and implement LPKF's growth strategy, thanks to his deep understanding of the materials processing and application field.

LPKF Laser & Electronics AG shares are listed in the SDAX of the Frankfurt Stock Exchange (ETR:LPK, ISIN: 0006450000).




Contact:
Bettina Schäfer, Department Manager Group Communication & Investor Relations

29-Sep-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: LPKF Laser & Electronics Aktiengesellschaft
Osteriede 7
30827 Garbsen
Germany
Phone: +49 (0) 5131 7095-0
Fax: +49 (0) 5131 7095-95
E-mail: investorrelations@lpkf.com
Internet: www.lpkf.com
ISIN: DE0006450000
WKN: 645000
Indices: SDAX, TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1236653

 
End of Announcement DGAP News Service

1236653  29-Sep-2021 CET/CEST

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Financials
Sales 2022 127 M 134 M 134 M
Net income 2022 4,83 M 5,10 M 5,10 M
Net cash 2022 23,2 M 24,5 M 24,5 M
P/E ratio 2022 55,5x
Yield 2022 1,58%
Capitalization 232 M 245 M 245 M
EV / Sales 2022 1,64x
EV / Sales 2023 1,23x
Nbr of Employees 701
Free-Float 100%
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Mean consensus BUY
Number of Analysts 5
Last Close Price 9,49 €
Average target price 26,14 €
Spread / Average Target 175%
EPS Revisions
Managers and Directors
Klaus Fiedler Chief Executive Officer
Christian Witt Chief Financial Officer
Jean-Michel Richard Chairman-Supervisory Board
Dirk Michael Rothweiler Deputy Chairman-Supervisory Board
Ludger Overmeyer Member-Supervisory Board
Sector and Competitors