FORTEC Elektronik Aktiengesellschaft
FORTEC Elektronik Aktiengesellschaft: In BY 2013/14 again successful results
DGAP-News: FORTEC Elektronik Aktiengesellschaft / Key word(s): Final Results/Preliminary Results 04.09.2014 / 08:45 --------------------------------------------------------------------- In BY 2013/14 (01.07.2013 - 30.06.2014) and in spite of difficult business in first half year, turnover again increased to 45.4 million EUR compared to previous year's figure of 44.5 million EUR. The profit before tax and interest (EBIT) amounting to 2.2 million EUR was below that of last year of 2.4 million EUR and is based on a lower other operating income of 0.6 million EUR. The higher figure of operating income of previous year is mainly due to an unreproducable one-time effect. In operative business in BY 2013/14 - other operating income excluded - more profit before tax (0.4 million EUR) was earned compared to previous year. In BY 2013/14, the profit after tax accordingly decreased from 1.8 million EUR i.e. 60 cent per share to 1.5 million EUR or 52 cent per share. This result complies with our expectations given at start of this business year. Cash flow in operative business was 3.3 million EUR compared to 0.2 million EUR of previous year. The company's capital amounts to 22.1 million EUR i.e. 7.49 EUR per share, there are no bank obligations and the company possesses cash reserves of 8.7 million EUR respectively 2.93 EUR per share. Again, the board of directors offers to pay a dividend of 50 Cent per share same as previous year. --------------------------------------------------------------------- 04.09.2014 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP 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: aktie@fortecag.de 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 --------------------------------------------------------------------- 285386 04.09.2014
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