Schweizer Electronic AG / Key word(s): Preliminary Results
24.01.2014 12:05
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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- Expected EBIT EUR 9.8 million, EBIT Margin 9.6 %
- Expected Annual Sales EUR 101.2 million
- Order Entry in 2013 about EUR 126 million
- Order Book at the End of 2013: EUR 114 million
Schramberg, January 24, 2014 - Due to the company's ongoing positive
development in the fourth quarter 2013, Schweizer Electronic AG expects
earnings before interest and tax (EBIT) of about EUR 9.8 million (previous
year EUR 5.2 million), based on preliminary and unaudited data. This
corresponds to an EBIT margin of about 9.6 % (previous year 5.2 %) and an
increase of about 88 % compared to the fiscal year 2012.
The provisionally calculated sales could slightly be improved to EUR 101.2
million (previous year EUR 100.2 million). Furthermore, order intake showed
a positive development which, in fiscal year 2013, increased by approx. 78
% to EUR 126 million (previous year EUR 71.3 million). The order book
amounted to EUR 114 million at the End of 2013 (previous year 90 million).
Final audited financial figures for the fiscal year 2013 will be published
on March 31, 2014.
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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, innovative solutions for automotive, solar and
industry electronics as well as avionics. 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 environmentally friendly
features. Together with its partners Elekonta Marek GmbH & Co. KG and Meiko
Electronics Co. Ltd., the company offers in its division PCB cost and
production optimised solutions for small, medium and large series and
within this network employs more than 11,000 people in Germany, Japan,
China and Vietnam.
With about 700 employees SCHWEIZER achieved sales of 100.2 million Euro in
Fiscal Year 2012 (ending December). The company was founded in 1849, is
managed by family members and listed at the Stuttgart and Frankfurt Stock
Exchanges (ticker symbol 'SCE', 'ISIN DE 000515623').
For further information please contact
Elisabeth Trik
Schweizer Electronic AG
EinsteinstraÃe 10
78713 Schramberg
Phone: +49 7422 / 512 302
Fax: +49 7422 / 512 409
E-mail: ir@schweizer.ag
Please visit our website: www.morethanPCBs.com
24.01.2014 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
EinsteinstraÃe 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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DGAP-Adhoc: Schweizer Electronic AG: Preliminary Results for the Fiscal Year 2013 - Expectations exceeded
| Source: EQS Group AG