SCHWEIZER pays Dividend of 0.42 Euro
(firmenpresse) - Schweizer Electronic AG / Key word(s): Enterprise/
SCHWEIZER pays Dividend of 0.42 Euro
DGAP-Media / 04.07.2011 / 17:03
SCHWEIZER pays Dividend of 0.42 Euro
Schramberg, July 4, 2011 - Shareholders present at Schweizer Electronic
AG's annual shareholders' meeting on July 1, 2011 followed the proposal
submitted by the Executive and Supervisory Boards and agreed to pay a
dividend of 0.42 Euro per share for the fiscal year 2010. Thus shareholders
benefit from the positive course of the business year, which constitutes a
starting point for a continuous dividend payment in the coming years.
Beyond the proposal for paying a dividend, the plenum who gathered in
Rottweil and who was enlarged by about 90 guests, agreed to all other
proposals with a majority of 96 per cent each. With about 110 shareholders,
75 per cent of the share capital was present.
In their speeches Dr. Marc Schweizer, CEO, and Marc Bunz, CFO, reported on
a record year in the company's history. In 2010 the annual turnover
increased by 60 per cent to more than 105 Million Euro and with 16,9
Million. Euro EBIT was higher than forecast. SCHWEIZER's share price
increased by 352 % from 5.20 Euro to 23.50 Euro during the course of the
year. In the first quarter of 2011, too, SCHWEIZER succeeded in unabatedly
continuing the dynamic growth that was started in the past year.
Based on a solid foundation, the company expects further growth.
Furthermore, the Executive Board illustrated the focal points of the
company's strategy. It is planned to further expand operations for PCBs and
Tracing as well as strategically diversifying the company by additional
areas of business. These areas include the division Systems, focussing on
the optimisation of drive controls through embedding solutions as well as
the creation of the division Energy. For this promising area CEO Marc
Schweizer even presented a prototype of a thin-layer battery the size of a
finger nail. Together with a partner the innovative Swabian company is
currently working on the further development towards series maturity for
this product. The partnering company is developing the necessary production
equipment and has exclusively secured the battery technology, developed
over the past 10 years by a renowned American research company.
About SCHWEIZER:
Die Schweizer Electronic AG is a leading manufacturer of premium PCBs,
innovative solutions and services for automotive, solar and industrial
electronics. Based on recognized technology and consultancy competencies,
products and systems of SCHWEIZER address central challenges in the areas
of power electronics, embedding and cost reduction and stand out due to the
energy efficient and environment-friendly features. Together with their
partners Contag GmbH and Meiko Electronics Co. Ltd. the company offers
cost- and manufacturing-optimised solutions for small, medium and high
volume production and employs more than 13,000 people within this network
in Germany, Japan, China and Vietnam.
With about 750 employees SCHWEIZER achieved sales of 105.4 Million Euro in
Fiscal Year 2010 (ending December). Founded in 1849, the company is lead by
family members and is listed on the Stuttgart Stock Exchange (ticker symbol
'SCE', 'WKN515623').
For further information please contact
Susanne Schorn
Media&Communications
Schweizer Electronic AG
Einsteinstraße 10
78713 Schramberg
Phone: +49 7422 / 512-213
Fax: +49 7422 / 512-397
E-mail: Communications(at)schweizerelectronic.ag
Please visit our website: www.morethanPCBs.com
End of Media Release
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Language: English
Company: Schweizer Electronic AG
Einsteinstraße 10
78713 Schramberg
Deutschland
Phone: 07422-512-301
Fax: 07422-512-397
E-mail: ir(at)schweizerelectronic.ag
Internet: www.schweizerelectronic.ag
ISIN: DE0005156236
WKN: 515623
Listed: Regulierter Markt in Frankfurt (General Standard),
Stuttgart; Freiverkehr in Berlin
End of News DGAP-Media
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130791 04.07.2011
Datum: 04.07.2011 - 17:03 Uhr
Sprache: Deutsch
News-ID 34532
Anzahl Zeichen: 0
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Kategorie:
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