Corporate | 22 September 2016 11:31


FORTEC Elektronik Aktiengesellschaft: Again successful results in BY 2015/16

DGAP-News: FORTEC Elektronik Aktiengesellschaft / Key word(s): Final
Results/Preliminary Results

2016-09-22 / 11:31
The issuer is solely responsible for the content of this announcement.

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The FORTEC Elektronik AG listed at stock exchange since 1990 again in its
26 years achieved positive results and according to latest company
information, profit per share in BY 2015/16 increased from 63 Cent to now
EUR 1.20.
 
Turnover in BY 2015/16 (01.07.2015 - 30.06.2016) was 78.2 million EUR
compared to 45.9 million EUR last year.

The profit before tax (EBIT) was 4.9 million EUR (prev.year 2.5 million
EUR); this increase is mainly based on the participation of Data Display
purchased by 100% per 01.01.2016.

The group's year's result after tax of 3.56 million EUR clearly topped that
of last year of 1.87 million EUR.
 
Due to the considerably increased year's net income, the Board of Directors
suggests a raised dividend payment of 60 Cent per share. The annual
shareholders' meeting is on February 16, 2017.

These facts and figures of FOREC's BY 2015/16 are preliminary, uncertified
information. The certified year's report will be published on FORTEC's
website on 31.10.2016.


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2016-09-22 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.
Archive at www.dgap.de

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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:      Regulated Market in Frankfurt (Prime Standard); Regulated   
                Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,  
                Munich, Stuttgart, Tradegate Exchange                       
 
   
     End of News    DGAP News Service