PRESS RELEASE: SCHWEIZER increases dividend to 0,47 Euro per share
27.04.2012
DGAP-News: Schweizer Electronic AG / Key word(s):
Dividend/Miscellaneous
SCHWEIZER increases dividend to 0,47 Euro per share
27.04.2012 / 11:15
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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
Media & Communications
Schweizer Electronic AG
Einsteinstraße 10
78713 Schramberg
Phone: +49 7422 / 512-213
Fax: +49 7422 / 512-397
E-mail: Communications@schweizer.ag
Please visit our website: www.morethanPCBs.com
End of Corporate News
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27.04.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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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
DGAP-News: Schweizer Electronic AG / Key word(s):
Dividend/Miscellaneous
SCHWEIZER increases dividend to 0,47 Euro per share
27.04.2012 / 11:15
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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
Media & Communications
Schweizer Electronic AG
Einsteinstraße 10
78713 Schramberg
Phone: +49 7422 / 512-213
Fax: +49 7422 / 512-397
E-mail: Communications@schweizer.ag
Please visit our website: www.morethanPCBs.com
End of Corporate News
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27.04.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
=--------------------------------------------------------------------
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
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