Schweizer Electronic AG

Earnings Release • Apr 16, 2010

News Details

Ad-hoc | 16 April 2010 15:05

Schweizer Electronic AG: Q1/2010 Result – Outlook on the Second Quarter 2010

Schweizer Electronic AG / Quarter Results/Preliminary Results

16.04.2010 15:05

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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In the first quarter of 2010, Schweizer Electronic AG showed a very
positive business development and clearly exceeded all its expectations.

Due to the ongoing high demand for Schweizer Electronic's products both in
Germany and abroad the company increased its first quarter sales by around
87% compared to the prior year period to EUR 23.9 mln (prior year: EUR 12.8
mln). In the first quarter of 2010, the result before interest and taxes
(EBIT) amounted to approx. EUR 2.2 mln. (prior year: EUR - 3.5 mln). The
EBIT margin amounted to 9.2% (prior year: -27 %). Orders on hand at the end
of the quarter amounted to EUR 76.9 mln (prior year: EUR 36.8 mln; plus
110%).

Schweizer Electronic is expecting sales levels of between EUR 24 mln and
EUR 26 mln for the second quarter 2010 (prior year: EUR 15.4 mln).

On 5 May 2010, Schweizer Electronic AG will publish its interim report for
the first quarter 2010.

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Information and Explaination of the Issuer to this News:

Schweizer Electronic AG (WKN 515623) is one of the top three European
manufacturers of printed circuit boards with recognised expertise in
technological and consulting expertise in the automobile,solar and
industrial electronics sectors. The company was established in 1849 and is
today managed by sixth generation family members.
Schweizer Electronic focuses on complex multilayer and HDI circuits as well
as solutions for the reduction of system costs and the integration of
active and passive components in printed circuit boards. In addition,
Schweizer Electronic has a wide range of responses to the challenges of
modern power electronics. With its partner network, Schweizer Electronic AG
offers solutions optimised for cost and production for small, medium and
mass series production.

Furthermore, an extensive cooperation with SIEMENS AG Austria has been in
place since January 2010 for the manufacture and marketing of RFID
transponders with integrated sensor technology,known as 'SEAGsens'.
Schweizer Electronic operates the RFID business in the context of a
'Schweizer Tracking and Tracing Solutions' business unit.

16.04.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: Schweizer Electronic AG
Einsteinstr. 10
78713 Schramberg
Deutschland
Phone: 07422-512-133
Fax: 07422-512-414
E-mail: ir@schweizerelectronic.ag
Internet: www.schweizerelectronic.ag
ISIN: DE0005156236
WKN: 515623
Listed: Regulierter Markt in Frankfurt (General Standard), Stuttgart;
Freiverkehr in Berlin

End of News DGAP News-Service

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