FORTEC Elektronik Aktiengesellschaft / Key word(s): Final Results/Final Results28.10.2010 08:30---------------------------------------------------------------------------In FY 2009/10 (01.07.2009 - 30.06.2010), FORTEC Elektronik AG had to dealwith slight losses in turnover and result. Thus, based on recession,the turnover decreased to 36 million (prev.year 42 million EUR) and theconsolidated total result to 1.3 million EUR (prev.year 1.5 million EUR).Cash-flow from operative business of 2.8 million EUR (prev.year 2.1 millionEUR ) considerably underlines the strength of the company. Cash-on-handincreased to 6 million EUR as per 30.06.2010 compared to 5 million EUR ofprevious year; consolidated capital equity is 80%. Net profit beforeinterest and tax totalled to 0.9 million EUR (prev.year 2.1 million EUR).Annual net income added up to 0.7 million EUR compared to 1.6 million EURof previous year.During both quarters of FY 2009/10, business as concerns turnover andresult approached figures of previous years. Furthermore, in past quarterof FY 2010/11 (01.07.-30.09.2010), there was a considerable recovery inbusiness. Therefore, we again expect a further improvement of businessresults for first half year of FY 2010/11.28.10.2010 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: EnglishCompany: FORTEC Elektronik Aktiengesellschaft Lechwiesenstrasse 9 86899 Landsberg/Lech DeutschlandPhone: +49 (0)8191 91 172-0Fax: +49 (0)8191 91 172-22E-mail: aktie@fortecag.deInternet: www.fortecag.deISIN: DE0005774103WKN: 577410Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Hamburg, München, Berlin, Düsseldorf, Hannover, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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FORTEC Elektronik Aktiengesellschaft: Recession successfully crossed
In FY 2009/10 (01.07.2009 - 30.06.2010), FORTEC Elektronik AG had to deal with slight losses in turnover and result. Thus, based on recession, the turnover decreased to 36 million (prev.year 42 million EUR) and the consolidated total result to 1.3 million EUR (prev.year 1.5 million EUR). Cash-flow from
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