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FORTEC Elektronik Aktiengesellschaft: Continuous results on high level

24.05.2012, 08:00
FORTEC Elektronik Aktiengesellschaft / Key word(s): Quarter
Results/Development of Sales

24.05.2012 / 08:00

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* Turnover 36.8 million EUR
* EBIT 1.8 million EUR
* Net income 1.4 million EUR

During first 9 months of BY 2011/12 (01.07.2011 - 31.03.2012), FORTEC even
topped the extraordinary figures in turnover and result of same period
during its record BY 2010/11. Thus, the turnover compared to same period
last year again rose from 35.2 million EUR to 36.8 million EUR.

Profit before tax and interest (EBIT) parallel increased from 1.770 million
EUR to 1.851 million EUR. The profit after tax improved from 1.322 million
EUR to 1.383 million EUR; thus resulting in a profit per share of 47 cent
during these 9 months. The cash flow from operative business during first 9
months again achieved 77 cent per share.

Therefore, payment of a dividend of 0.50 EUR - same as last year - is to be
justified also for BY 2011/12.


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Language:    English                                                
Company:     FORTEC Elektronik Aktiengesellschaft                   
             Lechwiesenstrasse 9                                    
             86899 Landsberg/Lech                                   
             Germany                                                
Phone:       +49 (0)8191 91 172-0                                   
Fax:         +49 (0)8191 91 172-22                                  
E-mail:      aktie@fortecag.de                                      
Internet:    www.fortecag.de                                        
ISIN:        DE0005774103                                           
WKN:         577410                                                 
Listed:      Regulierter Markt in Frankfurt (Prime Standard);       
             Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,  
             München, Stuttgart                                     
 
 
End of News    DGAP News-Service  
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171177 24.05.2012                                                      
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