SCHRAMBERG, GERMANY – Schweizer Electronic posted sales of €120.9 million (US$148.9M) in 2017, up 4.1% year-over-year.

Operating income was €3.5 million, up 483.3% year-over-year. The company reported EBITDA of €12.5 million, a ratio of 10.3%.

Orders for the year increased 14% to €181.5 million. The partial sale of Schweizer’s stake in Meiko Electronics amounted to €4 million.

Ed.: €1 = US$1.23

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