Lambda Physik AG
Lambda Physik AG english

Preliminary Q3/03 results: sales decrease to EUR 14 million, negative earnings Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Preliminary Q3/2003 results: decrease of sales to EUR 14 million and negative earnings Göttingen/Germany, July 7, 2003 – Today Lambda Physik AG reported preliminary sales and bookings for the third quarter and the first nine months of FY 2003. For the quarter, sales decreased to approximately EUR 14 million, compared to EUR 21.1 million (minus 34%) in the prior year quarter and to EUR 23.1 million in the prior quarter (minus 39%). Despite the initiated cost reductions earnings in Q3/2003 will be negative. For the nine months, preliminary sales decreased to approximately EUR 61 million, compared to EUR million 72.2 million in the prior year period (minus 16%). In addition to the continued weak lithography market, the industrial business suffered a strong decline, caused by a weak Asian market environment and reinforced by SARS. The contribution of Lambda Physik’s subsidiary MicroLas to the industrial business was also distinctively below the forecasted level. Also, medical sales remained on an unsatisfactory level. Bookings were low due to the continued weakness in all target regions and applications of Lambda Physik. For the quarter, bookings were at approximately EUR 15 million, below the already unsatisfactory level of the prior quarter of EUR 16.9 million. Compared to the prior year quarter bookings of EUR 29.5 million incoming orders nearly halved. For the nine months, bookings amounted to EUR 44 million, compared to EUR 67.2 million in the prior year period (minus 35%). Order backlog as of June 30, 2003 was at approximately EUR 26 million. end of ad-hoc-announcement (c)DGAP 07.07.2003 Issuer’s information/explanatory remarks concerning this ad-hoc-announcement: The final results for the third quarter and nine months of FY 2003 will be published on July 23, 2003, together with an outlook on the business development. Investor Relations Contact: Lambda Physik AG Claudia Thomé Hans-Böckler-Str. 12 37079 Göttingen Germany Tel.: +49 (0)551 6938-113 Fax: +49 (0)551 6938-104 E-mail: cthome@lambdaphysik.com Internet: http://www.lambdaphysik.com About the company Lambda Physik is one of the pioneers and world leaders in the development and production of pulsed UV lasers such as excimer lasers, diode-pumped solid-state lasers, and dye lasers. Founded in 1971, the company is the sole or leading supplier in growth markets for applications in industry, science, and medicine and has become a major supplier in the area of microlithography. The group has subsidiaries in the USA, Japan and Germany. ——————————————————————————– WKN: 549427; ISIN: DE0005494272; Index: NEMAX 50 Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 071442 Jul 03