31.03.2015
Schweizer Electronic AG DE0005156236
DGAP-News: Schweizer Electronic AG: Final figures confirm successful business trend - Dividend increases to 0.65 Euro per share
DGAP-News: Schweizer Electronic AG / Key word(s): Final
Results/Dividend
Schweizer Electronic AG: Final figures confirm successful business
trend - Dividend increases to 0.65 Euro per share
31.03.2015 / 09:00
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Schramberg, March 31, 2015 - Schweizer Electronic AG today released final
figures for the last fiscal year. The company closed the accounts in 2014
with record sales of 110.2 million Euro (2013: 101.2 Mio Euro) and earnings
before interest and tax (EBIT) of 10.0 million Euro (2013: 9.8 million
Euro). This is the company's second highest EBIT ever, and it corresponds
to an EBIT margin of 9.1% (2013: 9.7%). Additional expenditure for
continuing the expansion of the Asian production capacities - with focus on
Vietnam - burdened the EBIT with 1.1 million Euro.
The performance at SCHWEIZER's high technology plant in Schramberg, Germany
was particularly satisfying, reporting sales of 100.3 million Euro and thus
passing the historical mark of 100 million Euro (2013: 94.6 million Euro).
With 50.5 million Euro, highly innovative technology products already
represented 46% of the company's total turnover, and they are expected to
continue driving growth especially in Schramberg. The turnover of the Asian
partner network also showed a pleasing development, boosting by 54% to 9.9
million Euro against 6.4 million Euro in 2013. Thanks to the continuously
high demand SCHWEIZER's order backlog increased again in 2014, amounting to
119.2 million Euro against 114.2 million Euro the year before. Equity
capital increased to 48.4 million Euro (2013: 45.1 million Euro), which
corresponds to an equity ratio of 59.6% against 58.8% the year before.
"We are very pleased with last year's business results and - as promised -
we would like to let our shareholders participate in this success.
Therefore, we will suggest an increase of our dividend to 0.65 euro on
occasion of our Annual General Meeting 2015", says Dr. Maren Schweizer, CEO
of Schweizer Electronic AG. And she concludes, "Our capacities are well
utilised and thanks to our international production landscape, we are
ideally equipped for further growth. That's why we stick to our forecast to
grow faster than our reference markets in 2015 as well."
The annual report for the year 2014 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,
Meiko Electronics Co. Ltd. and WUS Printed Circuit 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
20,000 people in Germany, Japan, China and Vietnam. In future, SCHWEIZER
plans to jointly tap the chip embedding market together with its partner
Infineon Technologies AG.
With about 750 employees SCHWEIZER achieved sales of 110.2 million Euro in
Fiscal Year 2014 (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:
Christina Blake
Media & Communication
Schweizer Electronic AG
Einsteinstraße 10
78713 Schramberg / Germany
Phone: +49 7422 512 - 213
Fax: +49 7422 512 - 777 - 213
E-Mail: [email protected]
Please visit our website: www.morethanPCBs.com
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31.03.2015 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.
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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: [email protected]
Internet: www.schweizer.ag
ISIN: DE0005156236
WKN: 515623
Listed: Regulated Market in Frankfurt (General Standard),
Stuttgart; Regulated Unofficial Market in Berlin
End of News DGAP News-Service
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339635 31.03.2015
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