Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

FORTEC Elektronik AG Earnings Release 2012

Feb 22, 2012

161_rns_2012-02-22_37ae79f1-d438-4f95-b5db-4ea0f01c294d.html

Earnings Release

Open in viewer

Opens in your device viewer

News Details

Corporate | 22 February 2012 17:09

FORTEC Elektronik Aktiengesellschaft: Continuous Track of Success

FORTEC Elektronik Aktiengesellschaft / Key word(s): Half Year
Results/Forecast

22.02.2012 / 17:09


* Turnover plus 10%
* EBIT plus 25%
* Dividend return 6%

After the record year of 2010/11 topping with utmost figures in turnover
and result, the technology company FORTEC again continued its track of
success on the market during the first six months of new BY 2011/12 (01.07.
-31.12.2011).

Thus, turnover of 21.7 million EUR in previous year increased to 24.1
million EUR; EBIT also rose above average from 0.77 million EUR to 0.96
million EUR - and profit after tax escalated by 20% to now 0.7 million EUR.

In spite of the current uncertainty within the market, FORTEC expects at
least same satisfactory result again for the upcoming second half of this
BY. Therefore, payment of a dividend of 0.50 EUR - same as last year - is
to be justified also for BY 2011/12.

End of Corporate News


22.02.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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: FORTEC Elektronik Aktiengesellschaft
Lechwiesenstrasse 9
86899 Landsberg/Lech
Germany
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, Hamburg, Hannover,
München, Stuttgart

End of News DGAP News-Service

157716 22.02.2012