14.11.2022 FORTEC Elektronik Aktiengesellschaft  DE0005774103

EQS-News: FORTEC Elektronik AG starts the 2022/2023 financial year successfully


 

EQS-News: FORTEC Elektronik Aktiengesellschaft / Key word(s): Preliminary Results/Quarter Results
FORTEC Elektronik AG starts the 2022/2023 financial year successfully

14.11.2022 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


FORTEC Elektronik AG starts the 2022/2023 financial year successfully

  • Group turnover of EUR 25.0 million around 18 % above the previous year’s level (PY: EUR 21.2 million).
  • Group operating EBIT of EUR 2.7 million significantly higher than that of the previous year (PY: EUR 2.2 million).
  • The order book of EUR 98.6 million on 30 September 2022 exceeds that of the previous year (PY: EUR 68.6 million) by more than 40 %.

According to preliminary figures, FORTEC Elektronik AG recorded further sustainable earnings growth in the first quarter of the 2022/2023 financial year despite the challenging environment.

According to preliminary calculations, group turnover in the first quarter rose to around EUR 25.0 million (PY: 21.2 million) and therefore represented growth of around 18 % compared to the previous year.

Despite the increased material and staff costs, the earnings before interest and taxes (EBIT) of EUR 2.7 million increased disproportionally compared to the revenue, by around 23 % (PY: EUR 2.2 million). The pleasing development is due to sales growth and, good price implementation and currency gains.

“We had a successful start to the new financial year. But we are still planning conservatively. Cost visibility is currently very impaired and does not allow for precise estimates. However, the large order book makes us optimistic for the coming months and quarters”, comments Sandra Maile, CEO of FORTEC Elektronik AG.

The announcement for the first quarter of 2022/2023 will be available on the company's website (https://www.fortecag.de/en/investor-relations/reports/) from 25 November 2022.

 

Sandra Maile

Chair of the Management Board

 

FORTEC Elektronik AG | Augsburger Str. 2b | 82110 Germering | Germany
Phone: +49 89 894450 232

[email protected] | www.fortecag.de

FORTEC Elektronik AG (ISIN Share: DE 0005774103, WKN: 577410), based in Germering, Germany, was founded in 1984 as an internationally active distributor of standard solutions in the field of power supplies, embedded systems and displays. In addition, the FORTEC Group today offers customer-specific developments and complete system developments. As of 1 April 2020, the operational business was leased to two subsidiaries. As a holding company, FORTEC AG is now responsible for controlling the affiliated companies, the strategy of the group and essential parts of the administration. FORTEC AG has subsidiaries in Germany, Switzerland, the UK and the USA.



14.11.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: FORTEC Elektronik Aktiengesellschaft
Augsburger Str. 2b
82110 Germering
Germany
Phone: +49 (0)89 89 44 50 0
Fax: +49 (0)89 89 44 50 123
E-mail: [email protected]
Internet: www.fortecag.de
ISIN: DE0005774103
WKN: 577410
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1486283

 
End of News EQS News Service

1486283  14.11.2022 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1486283&application_name=news&site_id=boersengefluester_html


Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 79,57 88,31 87,73 77,43 89,03 105,85 112,00
EBITDA1,2 6,61 6,10 8,43 7,05 10,06 12,86 13,30
EBITDA-Marge3 8,31 6,91 9,61 9,10 11,30 12,15
EBIT1,4 6,02 7,45 6,48 5,32 8,45 10,68 11,60
EBIT-Marge5 7,57 8,44 7,39 6,87 9,49 10,09 10,36
Jahresüberschuss1 4,32 5,69 4,78 3,88 6,25 7,55 11,70
Netto-Marge6 5,43 6,44 5,45 5,01 7,02 7,13 10,45
Cashflow1,7 3,47 3,96 3,58 10,18 2,11 5,01 0,00
Ergebnis je Aktie8 1,33 1,75 1,47 1,19 1,92 2,32 2,35
Dividende8 0,60 0,70 0,60 0,60 0,70 0,85 0,60
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2022 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Rödl & Partner

INVESTOR-INFORMATIONEN
©boersengefluester.de
Fortec Elektronik
WKN Kurs in € Einschätzung Börsenwert in Mio. €
577410 24,300 Kaufen 78,99
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
9,72 12,31 0,79 15,81
KBV KCV KUV EV/EBITDA
1,51 15,78 0,75 5,24
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,85 0,85 3,50 07.02.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
29.11.2023 27.03.2024 29.05.2024 30.10.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-1,83% -7,25% 1,25% 0,41%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu FORTEC Elektronik Aktiengesellschaft  ISIN: DE0005774103 können Sie bei EQS abrufen


Elektrotechnik , 577410 , FEV , XETR:FEV