GARBSEN, GERMANY – LPKF Group posted 2009 earnings before interest and tax of $10.4 million, up 79.5% year-over-year.

Consolidated sales rose 12% to $75.4 million.

Incoming orders were $83.3 million, up 16.4% over the previous year. Orders in hand rose to $21.9 million, up 43% year-over-year. Growth was influenced by changed product mix and cost reductions, says the firm.

Compared to the same quarter the previous year, fourth-quarter earnings before tax and interest rose 67% to $3 million. Growth was attributed to the Cutting and Structuring Laser Segment.

LPKF expects 2010 growth in sales to exceed 10%, with growth potential in almost all divisions, particularly the LDS business.

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