April 7, 2017 / 11:05 AM / 4 months ago

BRIEF-Schweizer Electronic FY2016 EBIT at 1.8 mln euros

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April 7 (Reuters) - Schweizer Electronic AG:

* In fiscal year 2016 turnover of Schweizer Group increased slightly to 116.1 million euros ($123.40 million)compared to 115.6 million euros in 2015

* FY GROUP EBITDA (earnings before interest, tax, depreciation and amortisation) according to IFRS of 9.5 million euro (2015: 11.4 million euro)

* Expected annual group result decreased to 0.6 million euro (2015: 1.5 million euro)

* To propose a dividend of 0.65 euro per share

* FY EBIT amounted to 1.8 million euro (2015: 3.7 million) Source text for Eikon: Further company coverage: ($1 = 0.9408 euros) (Gdynia Newsroom)

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