Profit again on record level
31.10.2007, 11:06
FORTEC Elektronik Aktiengesellschaft / Final 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 business year 2006/07 (01.07.2006 – 30.06.2007), again FORTEC achieved a profit before tax of EUR 2.7 million (prev.year EUR 2.6 million) based on a turnover of EUR 42 million (prev.year EUR 45 million) and due to higher margins. Because of a raised tax rate, the net income reduced to EUR 1.6 million in business year 2006/07 compared to previous year of EUR 1.7 million. The cash flow from operative section amounts to 3.3 million EUR. Liquid assets are 5 million EUR as per 30.06.2007. FORTEC Elektronik AG is a technology company in the field of embedded solutions with a company capital of 18 million EUR. The company is listed in the Prime Standard, has no bank obligations and continuously generates profit year by year for more than 20 years. 31.10.2007 Financial News transmitted by DGAP ---------------------------------------------------------------------- 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 Internet: www.fortecag.de ISIN: DE0005774103 WKN: 577410 Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Hannover, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------