Earnings Release • Oct 30, 2009
Earnings Release
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Corporate | 30 October 2009 08:30
FORTEC Elektronik Aktiengesellschaft: Continuous Profit for 25 Years
FORTEC Elektronik Aktiengesellschaft / Final Results/Final Results
30.10.2009
Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.
Again in business year 2008/09, FORTEC Elektronik AG continuously generated
profit for 25 years.
Turnover of BY 2008/09 (01.07.2008 - 30.06.2009) is 42.2 million EUR
compared to 42.6 million EUR of previous year. Net profit before interest
and tax (EBIT) totalled to 2.1 million EUR (previous year 2.8 million EUR).
Annual net income added up to 1.6 million EUR and was again on same level
as BY 2006/07 - compared to 2.1 million EUR of previous year 2007/08 as an
exception.
Cash-flow in operative business of 2.1 million EUR (PY 0.8 million EUR)
considerably underlines the financial strength of the company.
At the annual shareholders' meeting on December 17, 2009, it is suggested
to payout a dividend of 30 Cents per share due to the earning per share
(after tax) of 53 Cent.
The company capital is 83 % of the balance sum, no bank obligations and a
cash-on-hand of 5 million EUR will provide definite competitive advantage
again in coming BY 2009/10 despite of the actual difficult market
situation.
30.10.2009 Financial News transmitted by DGAP
Language: English
Company: 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: [email protected]
Internet: www.fortecag.de
ISIN: DE0005774103
WKN: 577410
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hannover, München, Hamburg, Stuttgart
End of News DGAP News-Service
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