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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 0.47 bswj.

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