LPKF Laser & Electronics SE has unveiled the “North Star” initiative, a comprehensive transformation program designed to strengthen long-term profitability and enhance competitiveness in today’s challenging market environment. The initiative targets a double-digit EBIT margin and positions the company for sustainable growth.
In recent years, LPKF has faced rising costs and flat sales, leading to adjustments in annual forecasts. A cost-cutting program launched in 2024 already delivered notable improvements in 2025. Building on this foundation, the new “North Star” initiative goes beyond short-term savings, focusing on structural, strategic, and cultural measures to secure the company’s future success.
“The volatility of our business environment has increased rapidly,” said Peter Muemmler, Chief Financial Officer of LPKF SE. “To make LPKF more resilient to market fluctuations, we will systematically optimize our organizational structure and processes to ensure they are future-proof. By fostering an open corporate culture where every idea counts, we can accelerate solutions, strengthen competitiveness, and set the course for sustainable, profitable growth.”
The “North Star” initiative focuses on five key areas of action:
- Operations
- Research & Development
- Sales
- Administration & Infrastructure
- Service
Each area will be led by members of the LPKF leadership team, with additional support from a specialized consulting firm based in Hanover.
At the same time, LPKF continues to pursue its dual growth strategy: driving organic growth in its core business while expanding into larger markets through innovative technologies such as LIDE (Laser Induced Deep Etching). This approach enhances the scalability of LPKF’s business model and creates the foundation for long-term success in a dynamic and competitive landscape.
About LPKF
As a high-tech engineering company, LPKF develops high-precision, scalable manufacturing processes that are used in growth markets such as semiconductors & electronics, life science & medical technology, smart mobility, and research & development. Founded in 1976, the company is headquartered in Garbsen near Hanover and operates worldwide through subsidiaries and agencies. LPKF employs around 700 people and strives tirelessly to drive technological progress with innovative solutions and bring about sustainable, positive changes in the world. The shares of LPKF Laser & Electronics SE are traded on the SDAX of the German Stock Exchange (ISIN 0006450000).
