LPKF Laser & Electronics SE (0ND2) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello everybody and welcome to our earnings call for the financial year 2025. My name is Bettina Schafer and I'm responsible for investor relations at LPKF. I'm pleased to be joined today by our CEO Klaus Fiedler and our CFO Peter Mimler. Klaus and Peter will walk you through the business development for 2025 and provide an outlook for the current financial year. After that, we will open the floor for your questions in a Q&A session. The conference will be recorded and published for a period of two weeks on our website. Before we begin, please note that today's discussion may contain forward-looking statements. These statements are based on current assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. We do not undertake any obligation to update these forward-looking statements, except as required by law. With that, I would like to hand over to Klaus. Thank you very much, Bettina. Hello and welcome everybody to our annual results 2025. I want to lead in with the key takeaways of the year. Looking at our revenue, we are at 115.3 million, so down 6.2% from previous year. And at the lower end of our adjusted guidance, our EBIT improved from 0.1 million to 0.8 million adjusted EBIT, which basically shows that despite a decline in revenue, our cost saving matters more and more are visible also in our bottom line. I want to quickly lead into, when you look at the right-hand side, our distribution across the regions. You can see that our business distribution, North America and Asia, is growing, while Europe basically now constitutes less than one quarter of our revenue. Dominantly, our markets, our growth, are shifting step by step outside of Europe. When we look at order intake, we are at 91.6 million, significantly b...