FORTEC Elektronik Aktiengesellschaft: Economic crisis overcome - upswing confirmed

FORTEC Elektronik Aktiengesellschaft / Key word(s): Half YearResults/Half Year Results11.02.2011 / 11:17* turnover plus 40%* profit increase: 10-fold* positive expectationsIn first half year of BY 2010/11 (01.07.2010 - 31.12.2010), turnover aswell as profit again leveled up to the figures before the crisis. The groupfinally managed the crisis achieving an increase in turnover of 40% i.e.21.9 million EUR.FORTEC's success is based on a considerable, more than 10-fold increase ofits net income after tax from 50.569 EUR to 593.470 EUR. The group's totalresult in first half year raised to 799.472 Euro which is more than aboveaverage and impressively proves that the company gained back its power ofprofitability.Especially in the section of power supplies with 13.2 million EUR turnoverand an EBIT of 0.8 million EUR, the group nearly came up to the figuresbefore the crisis. In the section of data visualization and a turnover of8.7 million EUR along with a slightly positive EBIT, the group tried hardto catch up with the turnover decrease based to the recession.Due to the positive situation within the electronic industry, FORTEC ispositive to return again to former profitability during the quarters ofthis year in order to generate further growth.End of Corporate News---------------------------------------------------------------------11.02.2011 Dissemination of a Corporate News, transmitted by DGAP - acompany 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:     FORTEC Elektronik Aktiengesellschaft                                Lechwiesenstrasse 9                                                 86899 Landsberg/Lech                                                Deutschland                                            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:      Regulierter Markt in Frankfurt (Prime Standard);                    Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,               München, Stuttgart                                       End of News    DGAP News-Service  ---------------------------------------------------------------------  111946 11.02.2011