UniDevice AG

Results third quarter 2018

Business news for the stock market

Schönefeld (pta021/17.10.2018/11:45) - Schönefeld, 10/17/2018 - UniDevice AG (ISIN: DE000A11QLU3, WKN: A11QLU) announces that at EUR 71.76 million in the third quarter, revenue grew by 31.3% compared to the same period of the previous year (EUR 54.67 million). The sales growth rate of the first half of the year (31.8%) was continued. The profit in the third quarter of kEUR 198 was almost doubled with a growth of 96.6% compared to the same period of the previous year (kEUR 101).
In the first nine months, sales of Eur 221 million (previous year's period: Eur 168 million, growth of 31.5%) and a profit of Eur 717 thousand (previous year's period: Eur 523 thousand, growth of 37.1%) were achieved.
The quarterly report as of 30.09.2018 will be published on 17th October 2018 on the company's website.
"We have made further progress towards our revenue target of Eur 300 million and the profit target of around Eur 1 million for the year 2018 and are confident about the course of the fourth quarter," commented Dr. Christian Pahl (CEO).

About UniDevice:
UniDevice AG is based in Berlin. Our subsidiary PPA International AG is based in Kassel. The group is successful in international wholesale of electronic entertainment and communications equipment. The core of the business is the international wholesale of mobile phones of all reputable manufacturers.

(end)

emitter: UniDevice AG
address: Mittelstraße 7, 12529 Schönefeld
country: Germany
contact person: Dr. Christian Pahl
phone: [phone]
e-mail: [e-mail]
website: www.unidevice.de

ISIN(s): DE000A11QLU3 (share)
stock exchanges: open market (free market) in Frankfurt, m:access in Munich, free market in Dusseldorf; open market in Berlin

[ source: http://www.pressetext.com/news/20181017021 ]