UET United Electronic Technology AG announces Blackstone as new major shareholder

United Electronic Technology (UET) AG (ISIN: DE000A0LBKW6), Eschborn, Germany, announces that Blackstone Strategic Partners, a division of Blackstone Inc, New York, USA, has acquired a total of 3,500,000 shares from the former shareholder Palace Park Investments Ltd, an investment company of Stepstone Global. Blackstone now holds approximately 23% of the voting rights in UET AG.…

UET United Electronic Technology AG publishes consolidated financial figures for the 2021 financial year as an interim report

Revenues increased to EUR 41.723 million EBITDA increased to EUR 5.622 million positive earnings per share positive Cash flow from operating activities UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn, today publishes financial figures for the financial year 2021. In the 2021 financial year, the UET Group generated consolidated revenues of EUR 41.723 million (previous…