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UniDevice AG: 34% profit growth in first quarter 2021

DGAP-News: UniDevice AG / Key word(s): Quarter Results/Quarterly / Interim Statement UniDevice AG: 34% profit growth in first quarter 2021 (news with additional features) 12.04.2021 / 16:33 The issuer is solely responsible for the content of this announcement.

 

Investor News, 04/12/2021

UniDevice AG

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UniDevice AG: preliminary results for the first quarter of 2021
34% profit growth in the first quarter of 2021

- PPA International AG increased its profit compared to the same period in the previous year. The high demand for AirPods led to a significant increase in the gross margin to 2.4% (compared to 1.7% in the same period of the previous year). Due to the lower unit prices, no sales growth was recorded. Quarterly sales EUR 92.01 million (EUR 101.76 million in the same period of the previous year), Profit for the period EUR 1.02 million (EUR 0.74 million in the same period of the previous year).

- SaniSolutions GmbH recorded a decline in earnings due to corona-related access restrictions to care facilities. Quarterly sales EUR 0.37 million (EUR 0.86 million in the same period of the previous year). Period loss EUR -0.07 million (EUR -0.03 million in the same period of the previous year).

Schönefeld, 04/12/2021 - UniDevice AG (ISIN: DE000A11QLU3) announces 34% Profit Growth in Q1 2021. Due to the lower unit prices of the sales (product mix), which differed from the same period in the previous year, sales fell by -10%. Quarterly sales amounted to EUR 92.38 million (EUR 102.69 million in the same period of the previous year) and the Net Income for the period was EUR 0.95 million (EUR 0.71 million).

About UniDevice AG
UniDevice AG (DE000A11QLU3) is with its subsidiary PPA International AG, an international B2B broker for communication and entertainment electronics with a focus on high-priced smartphones from leading manufacturers such as Apple and Samsung, active in communication technology.