Media release

Media release

ID: 54620

(Thomson Reuters ONE) -
Schweiter Technologies /
Media release
. Processed and transmitted by Thomson Reuters ONE.
The issuer is solely responsible for the content of this announcement.

Horgen, May 12, 2011 - At the General Meeting of Schweiter Technologies AG held
today in Horgen, shareholders approved by a large majority all proposals put
forward by the Board of Directors.

Notably, payment of CHF 10 per share from reserves from capital contributions
was approved. The members of the Board of Directors Beat Siegrist, Beat Frey,
Heinrich Fischer and Rolf-D. Schoemezler were re-elected for a term of office of
one year. Lukas Braunschweiler and Jacques Sanche were elected as new members of
the Board of Directors for a one-year term of office.

At the constitutive meeting directly after the General Meeting, the Board of
Directors elected Beat Siegrist as Chairman of the Board of Directors.

Revenues for the current business year are in line with the expectations
communicated earlier. The result is impacted by higher raw material prices and
negative currency effects. The ongoing restructuring projects at 3A Composites
are pressuring profitability in the first half of the year, but will have a
positive effect in the second half.

Schweiter Technologies AG, Neugasse 10, CH - 8812 Horgen, Switzerland
Tel. +41 44 718 33 03 Fax +41 44 718 34 51info(at)schweiter.com
www.schweiter

Please find the Media release in the PDF attached:

--- End of Message ---

Schweiter Technologies
Neugasse 10 Horgen Switzerland



Media release (PDF):
http://hugin.info/100347/R/1515418/451662.pdf




This announcement is distributed by Thomson Reuters on behalf of
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(i) the releases contained herein are protected by copyright and




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(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Schweiter Technologies via Thomson Reuters ONE

[HUG#1515418]


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Bereitgestellt von Benutzer: hugin
Datum: 12.05.2011 - 18:01 Uhr
Sprache: Deutsch
News-ID 54620
Anzahl Zeichen: 2396

contact information:
Town:

Horgen



Kategorie:

Business News



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"Media release"
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