DGAP-Adhoc: Schweizer Electronic AG: Preliminary Figures for the Fiscal Year 2012

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| Source: EQS Group AG
Schweizer Electronic AG  / Key word(s): Preliminary Results

04.02.2013 17:42

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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- Best automotive year in the company history

- Sales and operating result (EBIT) in line with guidance

- Financial result impacted by value adjustments of shares in Meiko
    Electronics

Schramberg, February 4, 2013 - The annual sales of EUR 100.2 Mio. exceeded
Schweizer Electronic AG's expectation. This was caused by the improved
sales in the fourth quarter. Sales with customers in the automotive
industry were EUR 65.3 Mio. (previous year EUR 58.7 Mio.), the highest in
the company's history yet.

In the year 2012 SCHWEIZER achieved an operating result before interest and
taxes (EBIT) of EUR 5.2 Mio. (previous year EUR 8.3 Mio.). The growing
share of innovative products has a positive impact on the added value.
However, expenses for material as well for manufacturing and quality
assurance processes rose, caused by an increased complexity of produced
PCBs. The result of the fiscal year 2011 was favored by the reversal of
various accruals for contingent liabilities of about EUR 1.2 Mio. This
special effect did not occur in the reporting period. This fact alone
explains nearly 40 % of the decline in results compared to the previous
year.

The annual result of EUR 0.7 Mio. was below the results of the previous
year (EUR 6.5 Mio.). A devaluation of the share in Meiko Electronics by EUR
2.8 Mio. burdened the financial result. In the meantime, PCB industry
experienced a significant and sustained reduction of its evaluation on the
capital market. This has led to the fact that the share in Meiko
Electronics had to be adjusted to the year-end price of the Meiko share.
Thus the share in Meiko has been evaluated with EUR 1.8 Mio. (previously
EUR 4.6 Mio.) in our financial assets.

The final and audited figures for the fiscal year 2012 will be announced on
March 28, 2013.


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Information and Explaination of the Issuer to this News:

About Schweizer:

Schweizer Electronic AG is a global best-in-class technology company,
manufacturing premium PCBs, inno-vative solutions and services for
automotive, solar and industry electronics. Based on recognized technology
and consultancy competencies, SCHWEIZER's products and systems address
central challenges in the areas of Power Electronics, Embedding and System
Cost Reduction and are characterized by energy and envi-ronmentally
friendly features. Together with its partners Contag GmbH and Meiko
Electronics Co. Ltd., the company offers in its division Electronic cost
and production optimised solutions for small, medium and large series and
within this network employs more than 15,000 people in Germany, Japan,
China and Vietnam.

With about 700 employees SCHWEIZER achieved sales of 105.4 million Euro in
Fiscal Year 2011 (ending December). The company was founded in 1849, is
managed by family members and listed at the Stock Ex-changes in Stuttgart
and Frankfurt (ticker symbol 'SCE', 'ISIN DE 000515623').

For further information please contact

Marc Bunz
Schweizer Electronic AG
Einsteinstraße 10
78713 Schramberg
Phone: +49 7422 / 512-213
Fax:  +49 7422 / 512-397
E-mail: ir@schweizer.ag
Please visit our website: www.morethanPCBs.com

04.02.2013 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      Schweizer Electronic AG
              Einsteinstraße 10
              78713 Schramberg
              Germany
Phone:        07422-512-301
Fax:          07422-512-397
E-mail:       ir@schweizer.ag
Internet:     www.schweizer.ag
ISIN:         DE0005156236
WKN:          515623
Listed:       Regulierter Markt in Frankfurt (General Standard), Stuttgart;
              Freiverkehr in Berlin
 
End of Announcement                             DGAP News-Service
 
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