LPKF Laser & Electronics SE 2016 AR2
The report highlights LPKF Laser & Electronics AG's performance and corporate responsibility initiatives for the 2016 fiscal year. Facing a challenging economic environment and a decline in its laser direct structuring business, the company implemented restructuring measures, reducing its workforce by 103 full-time equivalents to lower its cost base. Despite these challenges, LPKF achieved a 4.4% increase in revenue to EUR 91.1 million and launched innovative technologies like LIDE and LTP. In terms of sustainability, the company focused on resource-friendly laser processes, converted its German sites to green electricity, and maintained a strong commitment to employee training and health programs.
Company: LPKF Laser & Electronics SE
Sector: Manufacturing
Country: Germany
Year: 2016
Type: AR2
Pages: 150
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LPKF Laser & Electronics SE
Annual Report
The report highlights LPKF Laser & Electronics AG's performance and corporate responsibility initiatives for the 2016 fiscal year. Facing a challenging economic environment and a decline in its laser direct structuring business, the company implemented restructuring measures, reducing its workforce by 103 full-time equivalents to lower its cost base. Despite these challenges, LPKF achieved a 4.4% increase in revenue to EUR 91.1 million and launched innovative technologies like LIDE and LTP. In terms of sustainability, the company focused on resource-friendly laser processes, converted its German sites to green electricity, and maintained a strong commitment to employee training and health programs.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees