DGAP-News: Schweizer Electronic AG: SCHWEIZER increases dividend by 17 %
(firmenpresse) - DGAP-News: Schweizer Electronic AG / Key word(s): AGM/EGM/Dividend
Schweizer Electronic AG: SCHWEIZER increases dividend by 17 %
09.07.2013 / 12:55
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Schramberg, July 9, 2013 - Shareholders present at Schweizer Electronic
AG's annual shareholders' meeting on July 5, 2013 followed the proposal
submitted by the Executive and Supervisory Boards and agreed to pay a
dividend of 0.55 Euro per share for the fiscal year 2012. This corresponds
to a dividend ratio of 52 % based on the balance sheet profit. Thus
shareholders benefit from the positive course of the business year and a
dividend payment increased by 17 % compared to the previous year.
Furthermore, SCHWEIZER will have employees participate in the company's
success and this way express their appreciation for the outstanding
contribution. This payout, amounting to about 480,000 Euro, exceeds last
year's payment by 9 %.
Beyond the proposal for paying a dividend, the plenum, which gathered in
Rottweil, agreed to all other proposals with a vast majority. As about 100
shareholders joined the meeting, 83 % of the share capital was represented.
Additionally, about 70 guests were present.
In their speeches Dr. Marc Schweizer, CEO, and Marc Bunz, CFO, reported on
a challenging, however, with regards to the advancement of Schweizer
Electronic AG, a successful fiscal year. SCHWEIZER was able to achieve net
indebtedness around zero, an equity ratio of 57.1 %, an operative cash flow
of 7.2 million Euro and a significant sales increase with innovative
products for the segment automotive.
During the shareholders' meeting, the Chief Executive Officer underlined
that the company - despite continued pressure from competition and
uncertain economic climate - looks optimistically ahead. The reasoning
behind is that SCHWEIZER expands its business in the growing regions.
Furthermore, the company focusses on products and solutions that contribute
to exploiting energy in a more efficient way and using savings potentials
in consumption of fuel and energy as well as emissions. Challenges arising
in the areas of mobility and energy efficiency will continue to be core of
the divisions Electronic, Energy and Systems.
About Schweizer:
Schweizer Electronic AG is a global best-in-class technology company,
manufacturing premium PCBs, innovative solutions and services for
automotive, solar and industry electronics. Based on recognized technology
and consultancy competencies, SCHWEIZER's products and systems address
central challenges in the areas of Power Electronics, Embedding and System
Cost Reduction and are characterized by energy and environmentally friendly
features. Together with its partners Contag GmbH and Meiko Electronics Co.
Ltd., the company offers in its division PCB cost and production optimised
solutions for small, medium and large series and within this network
employs more than 13,000 people in Germany, Japan, China and Vietnam.
With about 700 employees SCHWEIZER achieved sales of 100.2 million Euro in
Fiscal Year 2012 (ending December). The company was founded in 1849, is
managed by family members and listed at the Stuttgart and Frankfurt Stock
Exchanges (ticker symbol 'SCE', 'ISIN DE 000515623').
For further information please contact
Susanne Schorn
Media&Communications
Schweizer Electronic AG
Einsteinstraße 10
78713 Schramberg
Phone: +49 7422 / 512-213
Fax: +49 7422 / 512-777-213
E-mail: Communications(at)schweizer.ag
Please visit our website: www.morethanPCBs.com
End of Corporate News
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09.07.2013 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: Schweizer Electronic AG
Einsteinstraße 10
78713 Schramberg
Germany
Phone: 07422-512-301
Fax: 07422-512-397
E-mail: ir(at)schweizer.ag
Internet: www.schweizer.ag
ISIN: DE0005156236
WKN: 515623
Listed: Regulierter Markt in Frankfurt (General Standard),
Stuttgart; Freiverkehr in Berlin
End of News DGAP News-Service
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