DGAP-News
UET United Electronic Technology AG releases financial figures for operating business for the first quarter 2015 - Seite 2
The development of ALBIS' earnings is in line with expectations and already
considered with respect to terms of pricing as well as structure. Aiming at
increasing growth and revenue, the company is currently being integrated
into the business unit SYSTEMS.
In the business unit MANUFACTURING, LETRON electronic experienced a
decrease in revenues of 27% to 2.105 mn EUR for the first quarter of 2015.
With +0.075 mn EUR, the EBITDA was positive but below the previous year's
figure by 0.014 mn EUR. With +0.074 mn EUR, the EBIT was also positive but
slightly decreased by 0.013 mn EUR.
NEWTAL Elektronik & Systeme generated revenues of 2.796 mn EUR and was,
therefore, almost at the level of the previous year. Despite almost
unchanged revenues, the EBITDA was improved by 0.023 mn EUR to +0.148 mn
EUR. The EBIT was increased by 0.025 mn EUR and is now at +0.126 mn EUR.
The business unit MANUFACTURING thereby confirmed the positive operative
results of the previous quarters.
In the business unit SERVICE, SUCONI Service reported revenues of 0.398 mn
EUR for the first quarter, which represented a decrease of 21% compared to
the same period of the previous year. Both EBITDA and EBIT were negative
and amounted to -0.083 mn EUR and thus are below the previous year's level.
For the second quarter, we expect an overall decrease in profits.
Investments on product and market development have been increased and ALBIS
will still contribute a negative profit share.
The reported financial figures do not include consolidation effects of
existing non operating UET Holding companies. Extended full consolidated
financials will be reported within the half-year report 2015.
Contact:
UET United Electronic Technology AG
Frankfurter Straße 80-82
D-65760 Eschborn
Sebastian Schubert
Tel: + 49 (0) 6196 777755-0
E-Mail: investor@uet-group.com
16.06.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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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: investor@uet-group.com
Internet: www.uet-group.com
ISIN: DE000A0LBKW6
WKN: A0LBKW
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart;
Open Market (Entry Standard) in Frankfurt
End of Announcement DGAP News-Service
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EUR for the first quarter, which represented a decrease of 21% compared to
the same period of the previous year. Both EBITDA and EBIT were negative
and amounted to -0.083 mn EUR and thus are below the previous year's level.
For the second quarter, we expect an overall decrease in profits.
Investments on product and market development have been increased and ALBIS
will still contribute a negative profit share.
The reported financial figures do not include consolidation effects of
existing non operating UET Holding companies. Extended full consolidated
financials will be reported within the half-year report 2015.
Contact:
UET United Electronic Technology AG
Frankfurter Straße 80-82
D-65760 Eschborn
Sebastian Schubert
Tel: + 49 (0) 6196 777755-0
E-Mail: investor@uet-group.com
16.06.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
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: investor@uet-group.com
Internet: www.uet-group.com
ISIN: DE000A0LBKW6
WKN: A0LBKW
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart;
Open Market (Entry Standard) in Frankfurt
End of Announcement DGAP News-Service
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