EQS-News

UET United Electronic Technology AG publishes preliminary figures for fiscal year 2022 - Seite 2

A strong intake of new orders led to a record order backlog of the UET Group as of Dec. 31, 2022 of EUR 52.5 million.

Without any unexpected market disruptions, the UET Group expects revenue growth of 15 percent and a further improvement in operating profit in 2023. In the first quarter of 2023, the order backlog with new orders increased to around EUR 57 million.

"We are experiencing high demand in the market. Our core focus - security, energy efficiency, and sustainability – fits to the working focus and requirements among our customers in the international telecommunications industry. We are very well positioned with our innovative products and services," said Werner Neubauer, CEO of UET AG.

The publication of the detailed business results 2022 is scheduled for the end of June 2023.

 

About UET United Electronic Technology AG

UET United Electronic Technology AG is an international technology supplier and network equipment provider headquartered in Eschborn near Frankfurt am Main. The UET Group and its companies enable the construction and operation of high-performance gigabit networks with the key elements of energy efficiency, sustainability and network security. Systems and services are used by customers such as Deutsche Telekom, Orange, Telecom Italia, A1 Telekom Austria and América Móvil. The UET Group is the only international system supplier for critical communications infrastructure with European research, development, production and supply chain and headquarter in Germany. The UET Group has been listed on the Deutsche Börse since 2006, with 250 employees in eight countries generating revenues of €49 million in 2022 with growth of 17 percent.

 

Contact:

UET United Electronic Technology AG

D-65760 Eschborn, Frankfurter Strasse 80-82

Sebastian Schubert, Investor Relations

Tel: + 49 (0) 6196 777755-0

E-Mail: [e-mail]

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05.04.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
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