FORTEC Elektronik Aktiengesellschaft: FORTEC topped results before recession

FORTEC Elektronik Aktiengesellschaft / Key word(s): QuarterResults/Development of Sales26.05.2011 / 08:01* Turnover in Q1/2011 plus 35 %* EBIT in Q1/2011 first time 1 million EUR* Quarterly profit per share 25 centsDuring first quarter of 2011, FORTEC expressively returned to its formerstrength. For the first time, the quarterly EBIT alone was 1 million EUR.Thus, the FORTEC group started this year better than ever in its more than25 years of company history.In quarter January to March 2011, the profit after tax amounts to 729.164EUR resulting in a quarterly profit of 25 cents per share. Thisconsiderable increase of 2.5 fold involves further growth of turnover.Due to a global economic upswing, the turnover considerably raised by 35%to 13.3 million EUR from January to March 2011 compared to figures of sameperiod last year. Compared to last quarter of October to December 2010,FORTEC's benefit especially was based on the dynamic development in CentralEurope resulting in an increase of turnover of another 24%. Furtherpositive business is expected as a result of the record bookings of over 20million EUR.Based on the current figures of this 1st quarter 2011, FORTEC's situationtoday is definitively better than before the financial crisis. In total andagain in this cycle, the group's business model proved more than right andefficient based on quarterly group's profits even during recession.End of Corporate News---------------------------------------------------------------------26.05.2011 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  ---------------------------------------------------------------------  126192 26.05.2011