31.03.2014
Schweizer Electronic AG DE0005156236
DGAP-News: SCHWEIZER increases dividend to 0.60 Euro per share
DGAP-News: Schweizer Electronic AG / Key word(s): Final Results
SCHWEIZER increases dividend to 0.60 Euro per share
31.03.2014 / 09:00
---------------------------------------------------------------------
Schramberg, March 31, 2014 - Schweizer Electronic AG today released final
figures for the fiscal year 2013, showing earnings before interest and tax
(EBIT) of 9.8 million Euro (previous year 5.2 million Euro). This
corresponds to an EBIT margin of 9.7% (previous year 5.2%) and an increase
of 88% against last year. With an annual result of 6.1 million Euro,
previous year's net profit was surpassed by 782%, which corresponds to
earnings per share of 1.62 Euro.
Revenues in 2013 increased to 101.2 million Euro compared to 100.2 million
Euro in 2012.
Climbing from 71.3 million Euro (previous year) to 126.6 million Euro,
incoming orders showed a significant positive development last year, which
is mainly due to customer inquiries from the automotive sector. Thanks to
the extremely high innovative power of this customer segment, the order
volume last year more than doubled compared to 2012. Order intake from
industry electronics also developed favourably, ensuring that SCHWEIZER
could start the new fiscal year with an order backlog of 114.2 million Euro
(previous year 89.8 million Euro).
In the previous fiscal year, Schweizer Electronic AG was able to increase
equity capital by 4.1 million Euro to 45.1 million Euro. This corresponds
to an equity ratio of 58.8% at the end of the fiscal year.
Due to the very positive business progress and the company's solid economic
situation, SCHWEIZER's Executive Board and the Supervisory Board will be
suggesting a dividend of 0.60 Euro (previous year 0.55 Euro) on occasion of
the Annual General Meeting on July 4, 2014. This represents an increase
of more than 9% and is the third dividend increase in succession.
Based on positive forecasts for the global economic development as well as
for SCHWEIZER's market segments, the company this year expects revenues to
boost by 3 to 7% in comparison with last fiscal year. Following these
expectations for sales growth as well as changes to the product portfolio
Schweizer Electronic AG anticipates a slight increase of its net profit in
2014.
The annual report for the year 2013 is available on
http://www.schweizer.ag/de/investorrelations/finanzberichte.html. An
English version of this report will be available soon.
About Schweizer:
Schweizer Electronic AG is a global best-in-class technology company,
manufacturing premium PCBs, innovative solutions and services for
automotive, solar, industry and aviation electronics. Based on recognized
technology and consultancy competencies, SCHWEIZER's products and systems
address key 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 101.2 million Euro in
Fiscal Year 2013 (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
Einsteinstraße 10
78713 Schramberg / Germany
Phone: +49 7422 512 - 302
Fax: +49 7422 512 - 409
E-Mail: [email protected]
Please visit our website: www.morethanPCBs.com
End of Corporate News
---------------------------------------------------------------------
31.03.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group 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: Schweizer Electronic AG
Einsteinstraße 10
78713 Schramberg
Germany
Phone: 07422-512-301
Fax: 07422-512-397
E-mail: [email protected]
Internet: www.schweizer.ag
ISIN: DE0005156236
WKN: 515623
Listed: Regulierter Markt in Frankfurt (General Standard),
Stuttgart; Freiverkehr in Berlin
End of News DGAP News-Service
---------------------------------------------------------------------
260538 31.03.2014
|
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu
Schweizer Electronic AG ISIN: DE0005156236 können Sie bei EQS abrufen
Halbleiter , 515623 , SCE , XETR:SCE