In FY 2007/08 again on record level
30.11.2007, 09:00
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 first quarter of business year 2007/08 the turnover continuously increased again and reached 10.2 million € previously 9.1 million €. The company’s profit before tax was 744 T€ which is about same as previous year amounting to 739 T€. Because of a low tax rate for the current business year, the net result raised from 453 T€ to 496 T€. At the same time and due to a capital increase in spring 2007, the amount of shares rose from 2.7 million pcs to 2.954.943 pcs. Therefore, the result per share of 17 cent remained constant for this quarter compared to previous year's period. Same as last year, suggestion will be made to the board of directors on its annual general meeting on December 20th, 2007 for a dividend of € 0,30 per share yet in view of an increase in shares from 2.7 million to now 2.954.943. In consequence, the dividend steps up from € 810.000 to € 886.482,90. 30.11.2007 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: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Hannover, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------