DGAP-News: FORTEC Elektronik Aktiengesellschaft / Key word(s): Quarter Results/Dividend FORTEC Elektronik Aktiengesellschaft: Stable growth continues

28.11.2011 / 11:27

* Turnover plus 18 % * EBIT plus 30% * Dividend 50 Cent per share

After a successful BY 2010/11 again in first quarter of BY 2011/12 (01.07. - 30.09.2011), FORTEC achieved to increase turnover and profit considerably by double-digits.

A continuous and considerable growth also reveals by a repeated increase in turnover from 11 million EUR to 13 million EUR and an increased profit before interest and tax (EBIT) of 30 % to 502.189 EUR. Besides the profit after tax increased parallel from 296.371 EUR to 371.734 EUR.

Due to the successful BY 2010/11 reporting an absolute record in turnover and profit, the excellent capital status of the company with liquid means of 6.6 million EUR, no bank liabilities and the continuously profitable business in BY 2011/12, it is intended to suggest to raise the dividend of 0.30 EUR per share to 0.50 EUR at the annual board meeting on 15th December 2011.

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28.11.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement.

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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


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