FORTEC Elektronik AG

Earnings Release • Nov 30, 2010

News Details

Corporate | 30 November 2010 08:30

FORTEC Elektronik Aktiengesellschaft: Crisis overcome

FORTEC Elektronik Aktiengesellschaft / Key word(s): Quarter Results/Dividend

30.11.2010 08:30

* Turnover plus 46%
* Profit more than tenfold
* Dividend 30 Cent per share

In first quarter of BY 2010/11 (01.07.-30.09.2010), turnover and profit
again leveled up to figures of periods before crisis. At last, the group
successfully managed the crisis achieving an increase in turnover of 46 %
to 11 million EUR; thus topping the profit before interest and tax (EBIT)
to 383.977 EUR compared to 30.239 EUR last year and profit after tax
increased by more than tenfold from 21.237 to 296.371 EUR.

In 1st quarter 2010/11, again a positive cash flow in the operative section
of more than 0.5 million EUR was achieved; involving an increase of
liquidities to 6.8 million EUR. It is intended to pay out parts of these
liquidities - alike previous years - as dividend of 0.30 EUR per share to
shareholders in December 2010.

30.11.2010 Dissemination of a Corporate News, transmitted by DGAP -
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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: aktie@fortecag.de
Internet: www.fortecag.de
ISIN: DE0005774103
WKN: 577410
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Hamburg, München, Berlin, Düsseldorf, Hannover, Stuttgart

End of Announcement DGAP News-Service

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