WE ENABLE
INNOVATION
ANNUAL REPORT 2020
AT A GLANCE
LPKF LASER & ELECTRONICS AG
CONSOLIDATED REVENUE AS OF 31 DECEMBER 2020 in EUR million
Revenue
Revenue by region Germany
Rest of Europe North America Asia
Other
Revenue by segment Development Electronics Welding Solar
2016 | 2017 | 2018 | 2019 | 2020 |
91.1 | 102.1 | 120.0 | 140.0 | 96.2 |
12.9 | 10.4 | 12.8 | 9.7 | 8.6 |
16.5 | 20.5 | 31.9 | 29.2 | 12.2 |
17.7 | 23.0 | 24.7 | 37.5 | 19.0 |
42.3 | 45.7 | 49.1 | 60.8 | 55.5 |
1.7 | 2.5 | 1.5 | 2.8 | 0.9 |
22.6 | 24.4 | 24.3 | 24.5 | 22.5 |
30.6 | 31.7 | 34.6 | 43.7 | 31.7 |
24.0 | 25.4 | 22.2 | 27.7 | 17.7 |
13.9 | 20.6 | 38.9 | 44.1 | 24.3 |
CONSOLIDATED FINANCIAL KEY FIGURES AS OF 31 DECEMBER 2020
in EUR million
EBIT
EBIT-Marge (in %)
Consolidated net profit after non-controlling interest
Diluted EPS (in EUR)
Dividend per share* (in EUR)
ROCE (in %)
Equity ratio (in %)
Investment in property, plant and equipment and intangible net assets
Free cash flow
Orders on hand Incoming orders Employees** (Number)
* **
2020: Annual General Meeting recommendation not including trainees and marginal employees
2016 | 2017 | 2018 | 2019 | 2020 |
−6.8 | 4.0 | 6.8 | 19.2 | 7.5 |
−7.4 | 3.9 | 5.7 | 13.7 | 7.8 |
−8.8 | 1.2 | 8.0 | 13.1 | 5.3 |
−0.40 | 0.05 | 0.33 | 0.54 | 0.22 |
0.0 | 0.0 | 0.0 | 0.10 | 0.10 |
−6.9 | 4.1 | 7.0 | 25.5 | 9.0 |
46.5 | 46.5 | 60.4 | 71.0 | 76.4 |
7.5 | 6.8 | 5.7 | 5.8 | 10.2 |
−1.8 | 3.3 | 5.8 | 42.2 | −5.5 |
27.8 | 38.8 | 58.4 | 32.3 | 38.3 |
105.7 | 113.2 | 139.8 | 114.0 | 102.2 |
700 | 683 | 655 | 682 | 689 |
LPKFATAGLANCE
CONTENTS
COMPANY
02 Letter to Shareholders
0218
08 Supervisory Board Report
12 Segment Overview
The LPKF Share
22 Corporate Governance
COMBINED MANAGEMENT REPORT
Basic Information on the Group | |
Economic report | |
Supplementary Report | |
3056 | Report on Opportunities |
Risk Report | |
63 | Report on expected developments |
66 | Corporate Governance declaration |
66 | Takeover information |
68 | Compensation report |
73 | Final declaration of the board of directors |
32 42 54 54
CONSOLIDATED AND ANNUAL FINANCIAL STATEMENTS
Consolidated statement of comprehensive income | |
Comsolidated statement of financial position | |
7480 | Consolidated statement of cash flows |
Consolidated statement of changes in equity | |
84 | Notes to the consolidated financial statements |
127 | Responsibility statement (Balance sheet oath) |
128 | Independent Auditor's Report |
135 | Extract from the individual financial statements |
75 76 78
SERVICE 138138 Glossar
Financial calendar
Contact & Publishing Information
COVER PICTURE
Our cover picture shows the inner workings of an LPKF Allegro system for structuring thin- film solar modules. Our solar systems make a valuable contribution to climate protection by increasing the efficiency of solar energy.
COMPANY PROFILE
THE LPKF GROUP
ELECTRONICS
Solutions for mass producing assembled and non-assembled printed circuit boards.
LPKF is a leading supplier of laser-based solutions for the technology industry. Our laser systems are vital in the manufacture of printed circuit boards, microchips, au- tomotive parts, solar panels and many other components. The LPKF Glass Foundry additionally supplies customers from various industries with high-precision glass components.
WELDING
Solutions for welding plastics in mass production.
SOLAR
Solutions for thin-film photovoltaic module production and digital printing of ceramic inks via Laser Transfer Printing.
DEVELOPMENT
Solutions for PCB prototyping and micromaterial processing.
REVENUE AND EBIT in EUR million
Our machines allow our customers to manufacture smaller and higher-precision com- ponents. At the same time, the functionality of the components can be increased and new design options used. This creates products at the cutting edge of technology, both for the industry and for consumers.
Energy-efficient and intelligent solutions from LPKF make an active contribution to climate and environmental protection. We help our customers become more resource efficient, reduce hazardous materials and waste, and save energy.
Our employees are laser technology experts and know how to integrate lasers as a tool into powerful machines. This gives us considerable influence over progress in a range of high-tech sectors. The result is more powerful, smaller and more energy efficient products along with improvements in mobility, connectivity, electricity gen-eration and digital entertainment.
LPKF has 45 years of experience as a technology and innovation leader and will continue to maximize the full potential of laser technology in the digital world.
LPKF Laser & Electronics AG is headquartered in Garbsen near Hanover, Germany. We have a broad presence, with locations in Europe, Asia and North America and a total of 689 employees. Our global service network ensures our machines are ready for our customers around the clock.
The shares of LPKF Laser & Electronics AG are listed in the SDAX and the TecDAX of the German Stock Exchange.
150
140.0
120
RevenueEBIT
129.7
119.7
120.0
115.1
102.1
96.2
91.1
90
60
30
15.2
91.1
87.3
20.4
23.2
19.0
12.7
6.8
7.5
4.0
−3.7
−6.8
0
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
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LPKF - Laser & Electronics AG published this content on 24 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 March 2021 11:42:02 UTC.