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SCHWEIZER ELECTRONIC AG Einsteinstr. 10 78713 Schramberg, Germany http://www.schweizer.ag
Contact Mr Christina Blake +49 7422 512213
Company logo of SCHWEIZER ELECTRONIC AG
SCHWEIZER ELECTRONIC AG

SCHWEIZER confirms slight turnover increase in Fiscal Year 2016

Expansion of customer portfolio and sales basis / Order book increases to 158.4 million euro / Dividend stable at 0.65 euro

(PresseBox) (Schramberg, )
Schweizer Group closed the accounts in 2016 with a slight turnover increase of 0.5% to 116.1 million euro (2015: 115.6 million euro) and 9.5 million euro EBITDA according to IFRS (earnings before interest, taxes, depreciation and amortisation) against 11.4 million euro the year before. The EBITDA margin comes to 8.2% in 2016 compared to 9.8% in 2015. The EBIT (earnings before interest and taxes) amounts to 1.8 million euro (2015: 3.7 million euro), corresponding to an EBIT margin of 1.6% (2015: 3.2%). On occasion of the forthcoming Annual General Meeting, SCHWEIZER’s Supervisory and Executive Boards will suggest a dividend of 5.71 voct.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.