DGAP-News: FORTEC Elektronik Aktiengesellschaft / Key word(s): HalfYear Results/Development of Sales2015-02-19 / 14:29---------------------------------------------------------------------In first half of BY 2014/15 (1.7.2014 - 31.12.2014), FORTEC's turnoverincreased 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 halfyear 2014/15 was 0.2 million EUR above the figures of same period last yearof 0.5 million EUR.As concerns the 50% participation of Data Display purchased 01. October2014, FORTEC's Income statement lists a participation amount of 0.1 millionEUR. During quarter October till December 2014, Data Display achieved a turnoverof 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 of609.836 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 the50% participation of Data Display per 31.12.2014 has no bank obligations.At annual shareholders' meeting on 23rd February 2015, Board of Directorsagain suggests for BY 2013/14 an unchanged dividend payment of 50 Cent pershare.---------------------------------------------------------------------2015-02-19 Dissemination of a Corporate News, transmitted by DGAP - aservice of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP 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: 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 --------------------------------------------------------------------- 325117 2015-02-19
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FORTEC Elektronik Aktiengesellschaft: Annual net income in first half of BY 2014/15 increased by 70%
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
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