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Fortec Elektronic AG

ots Ad hoc-Service: Fortec Elektronik <DE0005774103> Report 3rd quarter 1999/2000 1.7.1999-31.03.2000

Aschheim (ots Ad hoc-Service) -

The sender is solely responsible for the contents of this
announcement.
As a hightech company of the electronic industry FORTEC
participates from the optimistic business climate in Germany. Sales
of semiconductors could be increased by 65% to 5 mio. DM compared
with the first three quarters of last fiscal year. Especially sales
per quarter of the running fiscal year of 1 mio. DM in 1st quarter,
1.4 mio. DM in 2nd quarter and 2.6 mio. DM in 3rd. quarter show the
dynamic of the semiconductor market. We can presumably increase
profit with ICs ten times compared to last year. The area of display
technic and embedded computer technology achieved plus 28% with sales
of 13 mio. DM. Because of high backlog in this area we expect a
further increase until the end of fiscal year. The area of
powersupplies could exceed the high expectations with an increase of
42% to 14.2 mio. DM.
After HypoVereinsbank has already classified the share in January
as an outperformer in comparison to NEMAX 50, this estimation was
reconfirmed in the new research dated March 2000. FORTEC is looked at
as a technological trendsetter with above-average growth rates and
increasing market shares. For the fiscal year 1999/2000 the
HypoVereinsbank estimates the earning per share at EUR 0.98 and rates
the share value still reasonable in comparison to other technology
values.
Jul 99-Mar 2000 Jul 98-Mar 99 delta
Auftragseingang 32.611 22.966 +42% Bookings inTDM
Auftragsbestand/ 9.592 6.810 +41% Backlog zum 31.03. inTDM
Umsatz/Sales 32.056 22.669 +41% revenues in TDM
Ergebnis vor 1.745 1.230 +42% Steuern EBT inTDM
End
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Original-Content von: Fortec Elektronic AG, übermittelt durch news aktuell

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