Corporate | 27 April 2012 11:15
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Schweizer Electronic AG / Key word(s): Dividend/Miscellaneous
Schramberg, April 27, 2012 – Schweizer Electronic AG published results for its fiscal year 2011 on April 25. Again, the company could achieve record sales on previous year's level of 105,4 million Euro. Book-to-Bill Ratio was at 1.0. Order intake amounted to 103.6 million Euro and order book amounted to 120 million Euro. Earnings before interest and tax (EBIT) and before special effects in fiscal year 2011 added up to 9.3 million Euro (previous year 13.0 million Euro). Thus, the EBIT margin was 8.8 % (previous year 12.3 %). Again, SCHWEIZER succeeded in significantly improving the structures of its balance sheet in the past year. At the end of 2011 equity amounted to 42.0 million Euro (previous year 37.0 million Euro). Equity ratio improved to 59.0 % (previous year 50.5 %). Supported by the continuous profit situation, net debts were completely eliminated during the course of reporting period. Net assets amounted to 1.1 million Euro. Consequently, shareholders benefit from the sustained positive business results. Hence, a dividend payout of 0.47 Euro per share (previous year 0.42 Euro) for the fiscal year 2011 will be proposed to the annual shareholders meeting on July 6, 2012. The company will publish results for the first quarter of the current fiscal year on May 2, 2012. The annual report for the year 2011 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 and industry electronics. Based on recognized technology and consultancy competencies, SCHWEIZER's products and systems address central 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 Contag GmbH 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 14,000 people in Germany, Japan, China and Vietnam. With about 700 employees SCHWEIZER achieved sales of 105.4 million Euro in Fiscal Year 2011 (ending December). The company was founded in 1849, is managed by family members and listed at the Stuttgart Stock Exchange (ticker symbol 'SCE', 'ISIN DE 000515623'). For further information please contact
Susanne Schorn
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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: | ir@schweizer.ag | |
| 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 |
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| 167049 27.04.2012 |