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27.08.2010

DGAP-Media: Schweizer Electronic AG: Midyear Financial Report June 30, 2010 announced

Schweizer Electronic AG / Enterprise 27.08.2010 10:00 Dissemination of a Press Release, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. =-------------------------------------------------------------------------- Press Release dated August 27, 2010 Midyear Financial Report June 30, 2010 - Significant Increase in Revenues by 80% - EBITDA at 12,8 mio. Euro - Forecast 2010: Sales to be expected at about 90 to 100 mio. Euro - Successful growth also by cooperating with Meiko Electronics - Share price increased by 396 % <pre> Company Figures (in million Euro) 1.Half-Year 1.Half-Year Change in 2010 2009 % Revenues 51,7 28,7 +80 EBITDA 12,8 -2,6 - EBIT 10,1 -5,7 - EBIT excluding extraordinary 5,8 -5,7 effects EBIT margin 11,2 % -19,9 % Volume of Orders 100,5 31,0 +224 Incoming Orders 87,2 12,3 +609 Employees (incl. temporary workers, 719 650 +11 as of June 30) </pre> The macroeconomic tendencies perceived in the second half of 2009 were reinforced in the first half year of 2010. Schweizer Electronic AG could significantly improve their operative results in the first two quarters of the current year. During this period net revenues were at 51,7 mio. Euro. Thus, sales could be increased by 80 % compared to the same period of the previous year. In total, incoming orders amounted to 87,2 mio. Euro during the six months under report - seven times more than in the same period of last year. For 2010 we expect sales of between 90 and 100 mio. Euro at an EBIT margin of above 9 %. Based on the well-filled order books, capacity utilisation is secured for the next quarters and we expect a continuously growing demand for our products. Within a short time only, our cooperation with Meiko Electronics, established in April 2009, generated a 7-digits revenue in the industrial and automotive segments. After having already successfully implemented first volume projects at the Gangzhou site, the second manufacturing site in Wuhan/China had recently been qualified, too. We have published the entire half-annual financial report on our internet site www.schweizerelectronic.ag under 'Investor Relations/Communications WpPG 2010'. Schweizer Electronic AG (WKN 515623) is one of the Top 3 PCB manufacturers in Europe with recognized technology and consulting expertise in the field of automobile, solar and industrial electronics. The company was established in 1849 and is currently managed by the sixth generation of the family. Schweizer Electronic is focused on complex multilayer and HDI circuits as well as solutions for reducing the system cost and improving the integration of active and passive components on the PC board. In addition, Schweizer Electronic has many answers to the challenges of modern power electronics. With its network of partners, Schweizer Electronic AG offers optimal cost and manufacturing solutions for small, medium and large series. For further information please contact Mr. Rigo Züfle Investor Relations Schweizer Electronic AG Einsteinstraße 10 78713 Schramberg Phone: 00497422 / 512-133 Fax: 00497422 / 512-414 E-mail: ir@schweizerelectronic.ag 27.08.2010 Ad hoc announcement, Financial News and Press Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de =-------------------------------------------------------------------------- Language: English Company: Schweizer Electronic AG Einsteinstraße 10 78713 Schramberg Deutschland Internet: www.schweizerelectronic.ag End of News DGAP-Media =--------------------------------------------------------------------------

Schweizer Electronic AG / Enterprise 27.08.2010 10:00 Dissemination of a Press Release, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. =-------------------------------------------------------------------------- Press Release dated August 27, 2010 Midyear Financial Report June 30, 2010 - Significant Increase in Revenues by 80% - EBITDA at 12,8 mio. Euro - Forecast 2010: Sales to be expected at about 90 to 100 mio. Euro - Successful growth also by cooperating with Meiko Electronics - Share price increased by 396 % <pre> Company Figures (in million Euro) 1.Half-Year 1.Half-Year Change in 2010 2009 % Revenues 51,7 28,7 +80 EBITDA 12,8 -2,6 - EBIT 10,1 -5,7 - EBIT excluding extraordinary 5,8 -5,7 effects EBIT margin 11,2 % -19,9 % Volume of Orders 100,5 31,0 +224 Incoming Orders 87,2 12,3 +609 Employees (incl. temporary workers, 719 650 +11 as of June 30) </pre> The macroeconomic tendencies perceived in the second half of 2009 were reinforced in the first half year of 2010. Schweizer Electronic AG could significantly improve their operative results in the first two quarters of the current year. During this period net revenues were at 51,7 mio. Euro. Thus, sales could be increased by 80 % compared to the same period of the previous year. In total, incoming orders amounted to 87,2 mio. Euro during the six months under report - seven times more than in the same period of last year. For 2010 we expect sales of between 90 and 100 mio. Euro at an EBIT margin of above 9 %. Based on the well-filled order books, capacity utilisation is secured for the next quarters and we expect a continuously growing demand for our products. Within a short time only, our cooperation with Meiko Electronics, established in April 2009, generated a 7-digits revenue in the industrial and automotive segments. After having already successfully implemented first volume projects at the Gangzhou site, the second manufacturing site in Wuhan/China had recently been qualified, too. We have published the entire half-annual financial report on our internet site www.schweizerelectronic.ag under 'Investor Relations/Communications WpPG 2010'. Schweizer Electronic AG (WKN 515623) is one of the Top 3 PCB manufacturers in Europe with recognized technology and consulting expertise in the field of automobile, solar and industrial electronics. The company was established in 1849 and is currently managed by the sixth generation of the family. Schweizer Electronic is focused on complex multilayer and HDI circuits as well as solutions for reducing the system cost and improving the integration of active and passive components on the PC board. In addition, Schweizer Electronic has many answers to the challenges of modern power electronics. With its network of partners, Schweizer Electronic AG offers optimal cost and manufacturing solutions for small, medium and large series. For further information please contact Mr. Rigo Züfle Investor Relations Schweizer Electronic AG Einsteinstraße 10 78713 Schramberg Phone: 00497422 / 512-133 Fax: 00497422 / 512-414 E-mail: ir@schweizerelectronic.ag 27.08.2010 Ad hoc announcement, Financial News and Press Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de =-------------------------------------------------------------------------- Language: English Company: Schweizer Electronic AG Einsteinstraße 10 78713 Schramberg Deutschland Internet: www.schweizerelectronic.ag End of News DGAP-Media =--------------------------------------------------------------------------

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