• 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.

Earnings before interest, taxes, depreciation and amortization (EBITDA) amount to EUR 1.2 mn, which represents a 13% decrease compared to the same period of the previous year.

Earnings of ordinary operating activities improved from EUR -1.377 mn to EUR -0.462 mn but still remain negative.

In the first half of fiscal year 2013 Cash Flow from operating activities amounted to EUR 1.3 mn, which is lower than the year before (EUR 1.7mn). 

Cash and cash equivalents in the group amounted to EUR 1.4 mn, as of June 30th, 2013.

The Report for the first half of fiscal year 2013 (German version only) will be made available for download from the company’s website (http://www.uet-group.com) under Investor Relations/ Financial Reports by September 30th 2013. 

 

Contact:

UET United Electronic Technology AG
Frankfurter Straße 80-82
D-65760 Eschborn

Christina Tümmler
Tel: + 49 (0) 6196 777755-0
E-Mail: investor@uet-group.com