Lambda Physik Withdraws Estimates for FY2003

June 2, 2003
Göttingen, Germany, June 2, 2003. Lambda Physik AG has withdrawn its sales and earnings forecast for Fiscal Year 2003 (Oct. 1, 2002 - Sept. 30, 2003). A new outlook cannot be given at the current time. So far Lambda Physik had expected sales of EUR 100 million and positive earnings.

Göttingen, Germany, June 2, 2003. Lambda Physik AG has withdrawn its sales and earnings forecast for Fiscal Year 2003 (Oct. 1, 2002 - Sept. 30, 2003). A new outlook cannot be given at the current time. So far Lambda Physik had expected sales of EUR 100 million and positive earnings.

The reason for the changed business outlook is the continued difficult market environment worldwide especially the economic weakness of the Asian market which is negatively impacting the industrial business. The impact of SARS has contributed to this trend.

In the lithography segment, the continued weakness of the semiconductor industry has led to postponed orders and delayed shipments of the latest technology generation.

For more information, visit www.lambdaphysik.com.

Laser Focus World

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