April 20, 2018 / 7:21 AM / 3 months ago

BRIEF-Schweizer Electronic FY Group EBIT Down At EUR 0.3 Mln

April 20 (Reuters) - Schweizer Electronic AG:

* ANNUAL RESULT INCREASES TO 3.5 MILLION EURO

* FY GROUP EBITDA AMOUNTS TO 8.4 MILLION EURO (2016: 9.5 MILLION EURO)

* FY GROUP EBIT AMOUNTS TO 0.3 MILLION EURO (2016: 1.8 MILLION EURO)

* TO PROPOSE DIVIDEND OF 0.30 EURO TO ANNUAL GENERAL MEETING ON JUNE 29, 2018

* EXPECTS EBITDA MARGIN OF 7 TO 9 PERCENT FOR 2018

* FOR 2018 EXPECTS GROUP TURNOVER TO INCREASE BY 6 TO 8 PERCENT Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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