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 --------------------------------------------------------------------- * 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. End of Corporate News --------------------------------------------------------------------- 28.11.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 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 --------------------------------------------------------------------- 147808 28.11.2011