Earnings Release • Oct 22, 2013
Earnings Release
Open in ViewerOpens in native device viewer
News Details
Ad-hoc | 22 October 2013 11:34
SCHWEIZER increases Forecast for Fiscal Year 2013
Schweizer Electronic AG / Key word(s): Change in Forecast
22.10.2013 11:34
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Schramberg, October 21, 2013 - Based on the company's continuing positive
development in the third quarter, SCHWEIZER increases its sales
expectations for the PCB business to approx. EUR 100 million (up to now
more than EUR 90 million) and expects an EBIT margin of 7 to 7.5 % (up to
now more than 5 %) for the fiscal year 2013.
This positive development of the company is demonstrated by an order entry
of EUR 35.2 million, sales of EUR 26.7 million as well as an EBIT margin of
12 % in the third quarter, each of the listed key figures representing the
highest value in the current fiscal year.
SCHWEIZER will publish further details on the business performance of the
third quarter on November 8, 2013
Information and Explaination of the Issuer to this News:
About Schweizer:
Schweizer Electronic AG is a global best-in-class technology company,
manufacturing premium PCBs, innovative solutions and services for
automotive, solar and industry electronics. Based on recognized technology
and consultancy competencies, SCHWEIZER's products and systems address
central challenges in the areas of Power Electronics, Embedding and System
Cost Reduction and are characterized by energy and environmentally friendly
features. Together with its partners Contag GmbH and Meiko Electronics Co.
Ltd., the company offers in its division PCB cost and production optimised
solutions for small, medium and large series and within this network
employs more than 11,000 people in Germany, Japan, China and Vietnam.
With about 700 employees SCHWEIZER achieved sales of 100.2 million Euro in
Fiscal Year 2012 (ending December). The company was founded in 1849, is
managed by family members and listed at the Stuttgart and Frankfurt Stock
Exchanges (ticker symbol 'SCE', 'ISIN DE 000515623').
For further information please contact
Elisabeth Trik
Schweizer Electronic AG
Einsteinstraße 10
78713 Schramberg
Phone: +49 7422 / 512-302
Fax: +49 7422 / 512-777-302
E-mail: [email protected]
Please visit our website: www.morethanPCBs.com
22.10.2013 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: Schweizer Electronic AG
Einsteinstraße 10
78713 Schramberg
Germany
Phone: 07422-512-301
Fax: 07422-512-397
E-mail: [email protected]
Internet: www.schweizer.ag
ISIN: DE0005156236
WKN: 515623
Listed: Regulierter Markt in Frankfurt (General Standard), Stuttgart;
Freiverkehr in Berlin
End of Announcement DGAP News-Service
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.