UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn, announces today that the SYSTEMS business area under the brand albis-elcon has successfully completed the first 10 Gigabit 5G Mobile Backhaul installation. Based on the ACCEED4420 10 Gigabit Carrier Ethernet system platform, albis-elcon successfully commissioned the first 5G Mobile Backhaul system. The installation is part of a…
UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn announces today that the SYSTEMS business area under the brand albis-elcon is launching a new business line including several communication modules to be integrated into industry standard universal Customer Premises Equipment (uCPE) also known as virtual CPE (vCPE) devices. The communication modules based on M2 and PCI-E…
Consolidated revenues of 17.908 mn EUR EBITDA for the group positive with 0.291 mn EUR Group earnings of -1.544 mn EUR Target for growth and earnings for 2019 will remain unchanged Today, UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn, releases the consolidated financial figures for the first half of the fiscal year from…
Merger of non-operating SPV’s Reduction of Complexity and Costs UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn, announces that it has decided to simplify its corporate structure and to reduce the number of legal entities by six companies through a merger within the group. The companies are special purpose vehicles incorporated for the acquisition…
Consolidated revenues of 39.026 mn EUR EBITDA amounts to 6.522 mn EUR Earnings per share of 0.29 EUR Cash flow from operating activities amounts to 3.727 mn EUR UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn, releases its financial results for the fiscal year 2018. Consolidated revenues of the UET Group amounted to EUR…
Financing Facility of EUR 12,500,000.00 debt for future growth Repurchase of the remaining existing minority interests in the Group Debt to Equity Conversion of existing liabilities UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn, announces that a planned and announced round of financing has been completed. To finance further growth, a EUR 12.5 million…