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ER - FORTEC Elektronik Aktiengesellschaft: Continuous stable growth in BY 2015/16

Company: FORTEC Elektronik AG Date: 2015-11-23 Language: English Register to download

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 News Details

Corporate | 23 November 2015 13:53

#   

FORTEC Elektronik Aktiengesellschaft: Continuous stable growth in BY 2015/16

DGAP-News: FORTEC Elektronik Aktiengesellschaft / Key word(s): Quarter
Results/Development of Sales

2015-11-23 / 13:53

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During 1st quarter of BY 2015/16 (01.07.2015 - 30.06.2016), turnover of
19.4 million EUR considerably topped the figures of last year of 11.4
million EUR, also because of the first consolidation of Data Display GmbH
of 7.7 million EUR.

After the fully consolidated sales of Data Display, the segmental turnover
in the field of data visualisation is 12.7 million EUR compared to last
year of 4.9 million EUR Data Display not included. Turnover of power
supplies of 6.7 million EUR also increased compared to same period of last
year of 6.4 million EUR.

Especially based on the consolidated participation of Data Display, FORTEC
was able to top its period's end result of 0.6 million EUR considerably
compared to last year of 0.3 million EUR.

Therefore, we are very optimistic for this current BY - also with respect
to our shareholders - to again be able to achieve a positive result
compared to previous BY of 2014/15. By achieving 20 Cent per share we are
very well positioned during first quarter of this new BY.



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2015-11-23 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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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:      Regulated Market in Frankfurt (Prime Standard); Regulated   
             Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,  
             Munich, Stuttgart                                           
 
 
End of News    DGAP News Service  
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415475 2015-11-23