Schweizer Electronic AG

Earnings Release • Jul 23, 2010

News Details

Ad-hoc | 23 July 2010 10:41

Schweizer Electronic AG: Preliminary results per 30.06.2010

Schweizer Electronic AG / Half Year Results/Preliminary Results

23.07.2010 10:41

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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Schweizer Electronic AG: EBIT of EUR 10.1m for the first six months of 2010
exceeds expectations - special effects boost profit leap

With a sales volume of EUR 50.8m (previous year EUR 28.2m) and an EBIT of
EUR 10.1m including special effects, the provisional results of Schweizer
Electronic AG for the first half of 2010 have exceeded expectations. The
EBIT margin amounts to 19.9%.

When adjusted by the special effects, the EBIT amounted to EUR 5.8m (2009:
EUR -5.7m), the adjusted EBIT margin was 11.5% (2009: 20.2%). The special
effects mainly result from revaluations performed after a tax audit for
plants and machinery which had been purchased after the fire in the years
2005 to 2007.

The 80% sales increase compared to the previous year period was
attributable to all customer groups. Sales to automotive customers improved
by approx. 60%, and for industrial customers including the solar industry
we recorded a 100% sales increase. Thus, in the first half of 2010,
Schweizer Electronic achieved 49.6% (2009: 54%) of its sales in the
automotive segment, 42.8% (2009: 39%) in the industrial/solar segment, and
7.6% (2009: 7%) with other customer groups.

Schweizer Electronic AG will present its half-year financial report on 27
August 2010.

All numbers are provisional and subject to the auditor's review.

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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 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 multi-layer 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.

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.

For further information, please contact:

Mr. Rigo Züfle
Investor Relations
Schweizer Electronic AG
Einsteinstrasse 10
78713 Schramberg / Germany
Telephone: +49 7422 512 - 363
Telefax: + 49 7422 512 - 414
E-mail: rigo.zuefle@schweizerelectronic.ag

23.07.2010 Ad hoc announcement, Financial News and Press 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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