Brief: Fortec Elektronik Q1 Net Profit At EUR 1.7 Mln

Fortec Elektronik AG

26/11/2021 07:05

Nov 26 (Reuters) - FORTEC ELEKTRONIK AG  FEVG.DE :
    * Q1 GROUP SALES OF EUR 21.2 MILLION, AROUND 5% ABOVE THE
PREVIOUS
YEAR'S LEVEL (EUR 20.2 MILLION)
    * NET PROFIT FOR THE FIRST QUARTER WAS EUR 1.7 MILLION
(PREVIOUS
YEAR: EUR 1.0 MILLION)
    * Q1 EBIT EUR 1,4 MILLION
    * Q1 EBIT MARGIN, BASED ON SALES, ROSE FROM 6.9% IN THE
PREVIOUS
YEAR TO 10.6%
    * OUTLOOK 2021/22: GROWTH IN CONSOLIDATED SALES OF UP TO 12%
    * OUTLOOK 2021/22: GROUP EBIT OF UP TO 10% COMPARED TO THE
RESULT
IN FINANCIAL YEAR 2020/2021

Source text for Eikon:  ID:nEQ36ffh7a 
Further company coverage:  FEVG.DE 

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