Auditors issued unqualified audit opinion EBITDA for the group with 1.989 mn EUR positive Revenues for core business activities were 46.7 mn EUR Annual stockholder’s meeting scheduled for 1st quarter of 2014 After releasing only an information report in August 2013, UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn, now releases its approved annual accounts and annual group accounts for 2012 which auditors issued an unqualified audit…
Enhancement of competitiveness Further development of UET’s business unit MANUFACTURING Closing-down of production in Osterode and relocation to new business premises UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn, announces, that the restructuring project, which included the close down of the production site of Letron electronic GmbH’s in Osterode has been completed successfully. The project had been started in October 2012. Letron’s customers were informed…
Bearer debenture in the nominal amount of 5.4 mn EUR acquired and restructured by new investor Current bearer debenture payables reduced by 4.3mn EUR UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn, announces, that negotiations with a main creditor have been successfully completed and a further step towards the company’s restructuring has been mplemented. A bearer debenturein the nominal amount of 5.4 mn EUR, issued…
EBITDA for the group with 1.207 mn EUR positive Consolidated revenues for core business activities were 22.5 mn EUR Operating Cash Flow amounts to 1.3 mn EUR Today, UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn, provides its financial figures for the first half of fiscal year 2013. In the first half of fiscal year 2013 UET generated consolidated revenues of EUR 22.5 mn and thus is EUR 14 mn lower than revenues in the same period of 2012 that included revenues in the amount of EUR 11 mn from the Berndes Group which has been deconsolidated as of June 30th 2012.…
EBITDA for the group with 1.989 mn EUR positive Revenues for core business activities were 46.7 mn EUR Operating Cash Flow amounts to -0.8 mn EUR. Annual General Meeting scheduled for fourth quarter 2013 Today, UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn, provides its financial figures for 2012. In the fiscal year 2012 UET generated consolidated revenues of EUR 57.7 mn. Revenues for the consolidated core business including the core companies’ activities were EUR 46.7 mn. Earnings before interest, taxes, depreciation and amortization…
UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn, announces that its annual report and annual group report for the fiscal year 2012 will be released by end of July 2013. UET currently negotiates with a main creditor of the company. The out-come of these negotiations has a major impact on the annual reports for the fiscal year 2012. The negotiations with the…
ELCON and suconi improved their operating income Letron’s and NewTal’s operating results declined due to difficult solarmarket UET’s annual report for 2012 will be released on June 30th 2013 UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn, presents financial results for its electronic group companies for fiscal year 2012. ELCON generated a sales volume of EUR 30.4 million in 2012 which roughly equals…
UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn, announces that the Austrian Investment company Figlio Beteiligungsverwaltung GmbH has acquired shares in the amount of 24,95 percent (2.107.622 shares) from the former board member Marcus Linnepe. Figlio held already 228.396 shares and there by increases its stake in UET. With this transaction Figlio Beteiligungsverwaltung, which is administrated by Werner Neubauer, who also acts as the CEO of UET, becomes now the largest shareholder. The transferred shares had been initially acquired by Marcus…
The resolutions adopted by the General Meeting of CFC Industriebeteiligungen AG (ISIN: DE000A0LBKW6), on December 4th, 2012 were registered with the commercial registers and therefore became effective. The company’s name is from now on UET United Electronic Technology AG. It has its registered seat in Eschborn. Contact: UET United Electronic Technology AG Frankfurter Straße 80-82 D-65760 Eschborn Christina Tümmler Tel:…