Preliminary results for the first half of 2022 and correction of the forecast for the current financial year (German)

up to EUR 242.4 million ^

DGAP-Ad-hoc: Schweizer Electronic AG / Keywords: Introductory

Change in the result / forecast

Schweizer Electronic AG: Preliminary results for the first half of 2022 i

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Correction of the forecast for the current financial year

07/27/2022 / 11:26 CET / CEST

Publication of confidential information pursuant to Art. 17 of the Regulation

(EU) No 596/2014, provided by DGAP – EQS Group AG service.

The issuer / publisher is responsible for the content of the application.

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Schweizer Electronic AG: Preliminary results for the first half of 2022 i

Correction of the forecast for the current financial year

* Backlogs +26 percent

* Sales increase by + 9%

* EBITDA -11 percent below expectations

* Forecast correction

Schramberg, July 28, 2022 – According to preliminary SCHWEIZER data

The group generated sales of EUR 64.6 million in the first half of 2022.

(first half 2021: € 59.4 million). This corresponds to an increase in sales

by + 8.8% compared to the same period of the previous year. Through persistent

good order fulfillment in the second quarter, thus increasing the order backlog

up to EUR 242.4 million (31 December 2021: EUR 191.8 million).

Initial EBITDA (profit before interest, taxes, depreciation and amortization)

amounted to EUR -7.1 million (H1 2021: EUR -5.2 million). EBITDA

The ratio is therefore -11.0 percent. (first half of 2021: -8.8%) i

was below our expectations.

The main reason is that the positive effects are delayed

Actions to improve wages initiated in China

Subsidiary company.

Against the background of increased uncertainty during the year,

The Management Board decided to increase the forecast for the current financial year

Update. The Management Board expects an increase in sales in this regard

+5 to +15 percent (previously: +10 to + 20%). Waiting for

EBITDA will be revised to -4 to -8 percent (previously: + 1% to -4%).

To ensure adequate liquidity for the Chinese

Investor talks conducted by the subsidiary are progressing well.

From today’s perspective, the implementation of capital measures in China

intended for the second half of the year.

Final data for the first half of 2022 will be available on August 5, 2022.

under

https://schweizer.ag/investoren-und-medien/finanzberichte/downloads-berichte

announced.

An explanation of the key numbers used can be found under

https://schweizer.ag/investoren-und-medien/unternehmenskennzahlen/erlaeuterung-kennzahlen.

Contact:

Elżbieta Trik

Investor Relations

Telephone: +49 7422 512 302

Fax: +49 7422 512 397

[email protected]

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Information and explanations by the issuer to this announcement:

ABOUT SWITZERLAND

Schweizer Electronic AG stands for cutting-edge, cutting-edge technology i

Consulting competence in the PCB industry. Through ultramodern

Production plants in Schramberg / Germany and Jintan / China and

SCHWEIZER offers close cooperation with other technology leaders

individual solutions for PCBs and embedding. The innovative SCHWEIZER

PCB technologies are used in the most demanding applications such as:

in the areas of automotive, aerospace, industrial and medical

Communications & Computing are used and are characterized by the highest

quality and their energetic and environmentally friendly properties.

The company was founded in 1849 by Christoph Schweizer

Stuttgart and Frankfurt Stock Exchanges (symbol “SCE”, “ISIN DE 000515623”)

authorized.

For more information, please visit:

Elżbieta Trik

Investor Relations

Schweizer Electronic AG

Einsteinstraße 10

78713 Schramberg / Germany

Telephone: +49 7422 512 – 302

Fax: +49 7422 512 – 777 302

E-mail: [email protected]

Visit us at www.schweizer.ag

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07/27/2022 CET / CEST DGAP distribution services include statutory

reporting requirements, corporate / financial news and press releases.

Media archive at http://www.dgap.de

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German

Company: Schweizer Electronic AG

Einsteinstraße 10

78713 Schramberg

Germany

Phone: 07422-512-301

Fax: 07422-512-397

E-mail: [email protected]

Internet: www.schweizer.ag

ISIN: DE0005156236

WKN: 515623

Exchanges: Regulated market in Berlin, Düsseldorf, Frankfurt

(General Standard), Stuttgart; The open market in Tradegate

Swap

EQS message ID: 1408269

End of news DGAP news service

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1408269 07/28/2022 CET / CEST

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