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16.04.2010

DGAP-Adhoc: Schweizer Electronic AG: Q1/2010 Result - Outlook on the Second Quarter 2010

Schweizer Electronic AG / Quarter Results/Preliminary Results 16.04.2010 15:04 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. =-------------------------------------------------------------------------- In the first quarter of 2010, Schweizer Electronic AG showed a very positive business development and clearly exceeded all its expectations. Due to the ongoing high demand for Schweizer Electronic's products both in Germany and abroad the company increased its first quarter sales by around 87% compared to the prior year period to EUR 23.9 mln (prior year: EUR 12.8 mln). In the first quarter of 2010, the result before interest and taxes (EBIT) amounted to approx. EUR 2.2 mln. (prior year: EUR - 3.5 mln). The EBIT margin amounted to 9.2% (prior year: -27 %). Orders on hand at the end of the quarter amounted to EUR 76.9 mln (prior year: EUR 36.8 mln; plus 110%). Schweizer Electronic is expecting sales levels of between EUR 24 mln and EUR 26 mln for the second quarter 2010 (prior year: EUR 15.4 mln). On 5 May 2010, Schweizer Electronic AG will publish its interim report for the first quarter 2010. =-------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: Schweizer Electronic AG (WKN 515623) is one of the top three European manufacturers of printed circuit boards with recognised expertise in technological and consulting expertise in the automobile,solar and industrial electronics sectors. The company was established in 1849 and is today managed by sixth generation family members. Schweizer Electronic focuses on complex multilayer and HDI circuits as well as solutions for the reduction of system costs and the integration of active and passive components in printed circuit boards. In addition, Schweizer Electronic has a wide range of responses to the challenges of modern power electronics. With its partner network, Schweizer Electronic AG offers solutions optimised for cost and production for small, medium and mass series production. Furthermore, an extensive cooperation with SIEMENS AG Austria has been in place since January 2010 for the manufacture and marketing of RFID transponders with integrated sensor technology,known as 'SEAGsens'. Schweizer Electronic operates the RFID business in the context of a 'Schweizer Tracking and Tracing Solutions' business unit. 16.04.2010 15:04 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de =-------------------------------------------------------------------------- Language: English Company: Schweizer Electronic AG Einsteinstr. 10 78713 Schramberg Deutschland Phone: 07422-512-133 Fax: 07422-512-414 E-mail: ir@schweizerelectronic.ag Internet: www.schweizerelectronic.ag ISIN: DE0005156236 WKN: 515623 Listed: Regulierter Markt in Frankfurt (General Standard), Stuttgart; Freiverkehr in Berlin End of News DGAP News-Service =--------------------------------------------------------------------------

Schweizer Electronic AG / Quarter Results/Preliminary Results 16.04.2010 15:04 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. =-------------------------------------------------------------------------- In the first quarter of 2010, Schweizer Electronic AG showed a very positive business development and clearly exceeded all its expectations. Due to the ongoing high demand for Schweizer Electronic's products both in Germany and abroad the company increased its first quarter sales by around 87% compared to the prior year period to EUR 23.9 mln (prior year: EUR 12.8 mln). In the first quarter of 2010, the result before interest and taxes (EBIT) amounted to approx. EUR 2.2 mln. (prior year: EUR - 3.5 mln). The EBIT margin amounted to 9.2% (prior year: -27 %). Orders on hand at the end of the quarter amounted to EUR 76.9 mln (prior year: EUR 36.8 mln; plus 110%). Schweizer Electronic is expecting sales levels of between EUR 24 mln and EUR 26 mln for the second quarter 2010 (prior year: EUR 15.4 mln). On 5 May 2010, Schweizer Electronic AG will publish its interim report for the first quarter 2010. =-------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: Schweizer Electronic AG (WKN 515623) is one of the top three European manufacturers of printed circuit boards with recognised expertise in technological and consulting expertise in the automobile,solar and industrial electronics sectors. The company was established in 1849 and is today managed by sixth generation family members. Schweizer Electronic focuses on complex multilayer and HDI circuits as well as solutions for the reduction of system costs and the integration of active and passive components in printed circuit boards. In addition, Schweizer Electronic has a wide range of responses to the challenges of modern power electronics. With its partner network, Schweizer Electronic AG offers solutions optimised for cost and production for small, medium and mass series production. Furthermore, an extensive cooperation with SIEMENS AG Austria has been in place since January 2010 for the manufacture and marketing of RFID transponders with integrated sensor technology,known as 'SEAGsens'. Schweizer Electronic operates the RFID business in the context of a 'Schweizer Tracking and Tracing Solutions' business unit. 16.04.2010 15:04 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de =-------------------------------------------------------------------------- Language: English Company: Schweizer Electronic AG Einsteinstr. 10 78713 Schramberg Deutschland Phone: 07422-512-133 Fax: 07422-512-414 E-mail: ir@schweizerelectronic.ag Internet: www.schweizerelectronic.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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