LPKF Laser & Electronics : signs framework agreement with a client in the solar industry
September 27, 2020 at 04:22 pm
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DGAP-Ad-hoc: LPKF Laser & Electronics Aktiengesellschaft / Key word(s): Miscellaneous
LPKF signs framework agreement with a client in the solar industry
27-Sep-2020 / 17:22 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, 27 September 2020 - The LPKF Group, a leading manufacturer of laser technology for micromaterial processing, today signed a framework agreement with a manufacturer of thin-film solar modules, from which LPKF expects a total volume of at least ca. EUR 18 million. At the same time as the signing of the framework agreement, an initial order for laser systems for structuring thin-film solar modules has been placed.
Revenue from this framework agreement is expected to be realized beginning in the second quarter of 2021 and into 2022. This confirms the company's internal revenue planning in the Solar segment.
The parties have agreed not to disclose details of the framework agreement.
LPKF Laser & Electronics AG shares are listed in the SDAX and TecDAX of the Frankfurt Stock Exchange (ETR:LPK, ISIN: 0006450000)
Contact:
Bettina Schäfer, Department Manager Group Communication & Investor Relations
27-Sep-2020 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
LPKF Laser & Electronics SE, formerly known as LPKF Laser & Electronics AG, is a Germany-based company, which operates as a supplier of laser-based solutions for the technology industry. Its products are used in the manufacture of printed circuit boards, microchips, automotive parts, solar panels and many other components. The Company has four operating segments: development, electronics, welding, and solar. The development segment develops systems for printed circuit board development and research and systems for biotechnology. The electronics segment develops systems for electronic production and the manufacture of glass components. The welding segment develops systems for plastic welding and the solar segment develops systems to produce solar cells and for laser transfer printing.