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FORTEC Elektronik Aktiengesellschaft: Stable growth continues

28.11.2011, 11:27
FORTEC Elektronik Aktiengesellschaft / Key word(s): Quarter
Results/Dividend

28.11.2011 / 11:27

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* Turnover plus 18 % 
* EBIT plus 30%
* Dividend 50 Cent per share

After a successful BY 2010/11 again in first quarter of BY 2011/12 (01.07.
- 30.09.2011), FORTEC achieved to increase turnover and profit considerably
by double-digits.

A continuous and considerable growth also reveals by a repeated increase in
turnover from 11 million EUR to 13 million EUR and an increased profit
before interest and tax (EBIT) of 30 % to 502.189 EUR. Besides the profit
after tax increased parallel from 296.371 EUR to 371.734 EUR.

Due to the successful BY 2010/11 reporting an absolute record in turnover
and profit, the excellent capital status of the company with liquid means
of 6.6 million EUR, no bank liabilities and the continuously profitable
business in BY 2011/12, it is intended to suggest to raise the dividend of
0.30 EUR per share to 0.50 EUR at the annual board meeting on 15th December
2011.


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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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147808 28.11.2011                                                      
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