FORTEC Elektronik AG: Still on Record Level after 9 Months in BY 2006/07
31.05.2007, 10:22
FORTEC Elektronik Aktiengesellschaft / Quarter Results Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- During third quarter of business year 2006/07 (01.01. - 31.03.2007), the achieved turnover amounting to 11.2 million EUR again confirmed the positive trend of the previous quarters of 10.9 million EUR in second quarter and 9.1 million EUR in first quarter. Due to a proper organic growth, turnover and profit were continuously increased. Turnover of first nine months of business year 2006/07 again continued to rise to 31.3 million EUR (prev.year 30.6 million EUR). The profit before tax and interest (EBIT) increased to 1.905 million EUR compared to 1.866 million EUR in previous period. The period’s profit amounted to 1.045 million EUR after 1.002 million EUR. Within 9 months, the cash flow resulting from operative division was 3.2 million EUR. The liquid assets as per March 31, 2007 amount to 5.4 million EUR. For the acquisition of assets and objects of AUTRONIC Steuer- und Regeltechnik GmbH&Co. KG, Sachsenheim and the financing of their business, 1.5 million EUR are needed. In view of the business year 2007/08 which will start at 01st July 2007, an additional turnover of 5 million EUR is expected from this acquisition. DGAP 31.05.2007 ---------------------------------------------------------------------- Language: English Issuer: FORTEC Elektronik Aktiengesellschaft Lechwiesenstrasse 9 86899 Landsberg/Lech Deutschland Phone: +49 (0)8191 91 172-0 Fax: +49 (0)8191 91 172-22 E-mail: aktie@fortecag.de www: www.fortecag.de ISIN: DE0005774103 WKN: 577410 Indices: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-Bremen, Hannover, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------