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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

Successful First Quarter 2017 for SCHWEIZER

(PresseBox) (Schramberg, )
.
- Turnover increases by 14.9 percent
- EBITDA jumps by 59 percent
- Order income increases by 8.2 percent

Group managed a very good start into the new Fiscal Year. In the first quarter 2017 the company reported a year-on-year turnover increase of 14.9 percent to 32.4 million euro (2016: 28.2 million euro). The group's EBITDA (earnings before interest, taxes, depreciation and amortisation) jumped by 59 percent to 3.5 million euro compared to 2.2 million euro in Q1 2016. An improved gross margin of last year's complex product startups and the high turnover contributed substantially to the EBITDA margin of 10.7 percent
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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.