FORTEC Elektronik AG

Earnings Release • May 31, 2007

News Details

Corporate | 31 May 2007 08:22

FORTEC Elektronik AG: Still on Record Level after 9 Months in BY 2006/07

FORTEC Elektronik Aktiengesellschaft / Quarter Results

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
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The issuer / publisher is solely responsible for the content of this announcement.

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During third quarter of business year 2006/07 (01.01. - 31.03.2007), the
achieved turnover amounting to 11.2 million EUR again confirmed the
positive trend of the previous quarters of 10.9 million EUR in second
quarter and 9.1 million EUR in first quarter. Due to a proper organic
growth, turnover and profit were continuously increased.

Turnover of first nine months of business year 2006/07 again continued to
rise to 31.3 million EUR (prev.year 30.6 million EUR). The profit before
tax and interest (EBIT) increased to 1.905 million EUR compared to 1.866
million EUR in previous period. The period’s profit amounted to 1.045
million EUR after 1.002 million EUR.

Within 9 months, the cash flow resulting from operative division was 3.2
million EUR.

The liquid assets as per March 31, 2007 amount to 5.4 million EUR. For the
acquisition of assets and objects of AUTRONIC Steuer- und Regeltechnik
GmbH&Co. KG, Sachsenheim and the financing of their business, 1.5 million
EUR are needed. In view of the business year 2007/08 which will start at
01st July 2007, an additional turnover of 5 million EUR is expected from
this acquisition.

DGAP 31.05.2007

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
www: www.fortecag.de
ISIN: DE0005774103
WKN: 577410
Indices:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Hannover, Düsseldorf, Hamburg, München,
Stuttgart

End of News DGAP News-Service

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