UET United Electronic Technology (formerly aconnic AG) Reports Robust Revenue Growth for Q4 and Full Year 2023

• aconnic AG (formerly UET AG) experienced strong revenue growth in Q4 2023 and full year 2023.
• Consolidated revenue grew by 48% to 72.7 mn EUR, exceeding the targeted sales growth of 20%.
• Preliminary operating earnings before interest and taxes (EBIT) increased to 5.9 mn EUR, compared to 0.935 mn EUR in the previous year.
• In Q4, revenue amounted to 20.296 mn EUR, representing a revenue growth of 11% compared to the fourth quarter of 2022.
• The order backlog as of December 31, 2023 is 32.6 mn EUR, compared to 43.1 mn EUR at the end of September 2023.
• The company expects growth in 2024 to be in the single-digit percentage range, considering the increasing market challenges due to geopolitical and economic influencing factors.

The next important date, Publication of consolidated/annual financial statements, at UET United Electronic Technology is on 30.06.2024.

The price of UET United Electronic Technology at the time of the news was 1,1750EUR and was up +26,34 % compared with the previous day.
0 minutes after the article was published, the price was 1,0100EUR this corresponds to a minus of -14,04 % since publication.

UET United Electronic Technology

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ISIN:DE000A0LBKW6WKN:A0LBKW

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