Expectations exceeded
- Expected EBIT EUR 9.8 million, EBIT Margin 9.6 %
- Expected Annual Sales EUR 101.2 million
- Order Entry in 2013 about EUR 126 million
- Order Book at the End of 2013: EUR 114 million
Schramberg, January 24, 2014 – Due to the company’s ongoing positive development in the fourth quarter 2013, Schweizer Electronic AG expects earnings before interest and tax (EBIT) of about EUR 9.8 million (previous year EUR 5.2 million), based on preliminary and unaudited data. This corresponds to an EBIT margin of about 9.6 % (previous year 5.2 %) and an increase of about 88 % compared to the fiscal year 2012.
The provisionally calculated sales could slightly be improved to EUR 101.2 million (previous year EUR 100.2 million). Furthermore, order intake showed a positive development which, in fiscal year 2013, increased by approx. 78 % to EUR 126 million (previous year EUR 71.3 million). The order book amounted to EUR 114 million at the End of 2013 (previous year 90 million).
Final audited financial figures for the fiscal year 2013 will be published on March 31, 2014.