Schramberg, April 27, 2012 – Schweizer Electronic AG published results for its fiscal year 2011 on April 25. Again, the company could achieve record sales on previous year’s level of 105,4 million Euro. Book-to-Bill Ratio was at 1.0. Order intake amounted to 103.6 million Euro and order book amounted to 120 million Euro. Earnings before interest and tax (EBIT) and before special effects in fiscal year 2011 added up to 9.3 million Euro (previous year 13.0 million Euro). Thus, the EBIT margin was 8.8 % (previous year 12.3 %).
Again, SCHWEIZER succeeded in significantly improving the structures of its balance sheet in the past year. At the end of 2011 equity amounted to 42.0 million Euro (previous year 37.0 million Euro). Equity ratio improved to 59.0 % (previous year 50.5 %). Supported by the continuous profit situation, net debts were completely eliminated during the course of reporting period. Net assets amounted to 1.1 million Euro.
Consequently, shareholders benefit from the sustained positive business results. Hence, a dividend payout of 0.47 Euro per share (previous year 0.42 Euro) for the fiscal year 2011 will be proposed to the annual shareholders meeting on July 6, 2012.
The company will publish results for the first quarter of the current fiscal year on May 2, 2012. The annual report for the year 2011 is available on http://www.schweizer.ag/en/investor-relations/annual-report.html. An English version of this report will be available soon.