LPKF Starts 2026 with a Solid Performance

LPKF Laser & Electronics SE began 2026 on solid ground, reporting an increase in order intake despite ongoing macroeconomic challenges. The book-to-bill ratio for the first quarter was 1.4, with noticeable progress in the Advanced Semicon Packaging segment. Revenue for Q1 2026 was EUR 17.1 million, down from EUR 25.3 million the previous year, largely due to a weak Solar segment. However, order intake rose to EUR 24.1 million, showing resilience.

CEO Klaus Fiedler highlighted the company's strategic evolution towards providing functional solutions. The North Star transformation program led to a cost reduction, mitigating revenue declines. The Development segment benefited from renewed investment in the U.S., while Electronics saw increased demand for laser-cutting systems. Despite challenges in the Solar segment, LPKF remains optimistic about perovskite technology.

LPKF forecasts 2026 revenue of EUR 105 to 120 million and an adjusted EBIT margin between -3.0% and 4.5%. Structural adjustments aim to ensure long-term competitiveness as the company navigates an uncertain economic landscape.