FORTEC Elektronik Aktiengesellschaft

  • WKN: 577410
  • ISIN: DE0005774103
  • Land: Deutschland

Nachricht vom 19.02.2015 | 14:29

FORTEC Elektronik Aktiengesellschaft: Annual net income in first half of BY 2014/15 increased by 70%


DGAP-News: FORTEC Elektronik Aktiengesellschaft / Key word(s): Half
Year Results/Development of Sales

2015-02-19 / 14:29

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In first half of BY 2014/15 (1.7.2014 - 31.12.2014), FORTEC's turnover
increased to 21.3 million EUR compared to 20.9 million EUR last year.
 
The result before tax and interest (EBIT) of 0.7 million EUR in first half
year 2014/15 was 0.2 million EUR above the figures of same period last year
of 0.5 million EUR.

As concerns the 50% participation of Data Display purchased 01. October
2014, FORTEC's Income statement lists a participation amount of 0.1 million
EUR.
 
During quarter October till December 2014, Data Display achieved a turnover
of 5.7 million EUR and an annual net income of 0.2 million EUR.
 
Therefore, FORTEC's profit after tax in BY 2014/15 increased to a sum of
609.836 EUR above average compared to 358.493 EUR same period last year;
i.e. exactly 70% more than last year!

FORTEC's capital amounts to 22.8 million EUR and even after payment of the
50% participation of Data Display per 31.12.2014 has no bank obligations.

At annual shareholders' meeting on 23rd February 2015, Board of Directors
again suggests for BY 2013/14 an unchanged dividend payment of 50 Cent per
share.



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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                                           
 
 
End of News    DGAP News-Service  
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325117 2015-02-19                                                      

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