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UET United Electronic Technology AG
Earnings Release • Sep 28, 2018
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Earnings Release
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News Details
Corporate | 28 September 2018 08:10
UET United Electronic Technology AG releases consolidated financial report for first half of fiscal year 2018
DGAP-News: UET United Electronic Technology AG / Key word(s): Half Year Results/Miscellaneous
28.09.2018 / 08:10
The issuer is solely responsible for the content of this announcement.
- Consolidated revenues of 21.303 mn EUR
- EBITDA for the group positive with 3.872 mn EUR
- EBIT for the UET Group is 2.989 mn EUR
- Positive total Earnings of 2.631 mn EUR
Today, UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn, provides their consolidated financial figures for the first half of the fiscal year from January 1st to June 30th 2018.
In the first half of the fiscal year 2018, UET generated consolidated revenues of 21.303 mn EUR. This represents -6.225 mn EUR compared with the same period of the previous year.
Earnings before interest, taxes, depreciation and amortisation (EBITDA) were positive and increased to 3.872 mn EUR from 2.591 mn EUR of the same period of the previous year.
EBIT (earnings before interest and taxes) amounted to 2.989 mn EUR (compared with a result of 0.167 mn EUR in the previous year). The consolidated result of the first half of the fiscal year 2018 was 2.631 mn EUR (previous year: -0.141 mn EUR).
Adjusted total Earnings after operating and consolidation effects related to the divestment of the business area MANUFACTURING resulted to 0.912 Mio. EUR.
On June 30th 2018, the cash funds of the UET Group amounted to 0.565 mn EUR.
More financial data and general information can be found in the full report for the first half of the fiscal year 2018 (German version only), which will be available for download until September 30 th 2018 on the company website (http://www.uet-group.com) under Investor Relations/ Financial Reports.
Contact:
UET United Electronic Technology AG
Frankfurter Straße 80-82
D-65760 Eschborn
Sebastian Schubert
Investor Relations
Tel: + 49 (0) 6196 777755-0
E-Mail: [email protected]
28.09.2018 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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| Language: | English |
| Company: | UET United Electronic Technology AG |
| Frankfurter Straße 80-82 | |
| 65760 Eschborn | |
| Germany | |
| Phone: | +49 (0)6196-7777550 |
| Fax: | +49 (0)6196-7777559 |
| E-mail: | [email protected] |
| Internet: | www.uet-group.com |
| ISIN: | DE000A0LBKW6 |
| WKN: | A0LBKW |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Stuttgart |
| End of News | DGAP News Service |