DGAP-News: UET United Electronic Technology AG / Key word(s):
Miscellaneous
UET United Electronic Technology AG provides financial figures for the
fiscal year 2012.
02.08.2013 / 13:14
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UET United Electronic Technology AG provides financial figures for the
fiscal year 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
Eschborn, August 2nd 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 57.7mn.
Revenues for the consolidated core business including the core companies'
activities were EUR 46.7mn.
Earnings before interest, taxes, depreciation and amortization (EBITDA)
amount to EUR 1.989mn, which represents an 11.6% decrease compared with the
previous year. Earnings of ordinary operating activities improved from EUR
-12.826mn to EUR -3.176mn but still remain negative.
Cash Flow from operating activities amounted to EUR -0.8mn and was EUR
1.0mn better than the year before. Cash and cash equivalents in the group
amounted to EUR 1.5mn, as of Dec 31st, 2012.
The complete financial results will be provided as an Information Report
2012. As the negotiations with one large financial creditor have not been
finalised yet the final auditing report has not been completed. As soon as
the final result of the negotiations and the auditing report will be
available the final approved annual report 2012 will be released. The final
and audited annual reports for the portfolio companies have been completed
and are available.
The next annual general meeting is scheduled for the fourth quarter 2013.
Final date and time as well as the Invitation will be released timely.
The Information Report 2012 (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 end of business of August 2nd
2013.
Contact:
UET United Electronic Technology AG
Frankfurter StraÃe 80-82
D-65760 Eschborn
Sebastian Schubert
Phone: + 49 (0) 6196 777755-0
E-Mail: investor@uet-group.com
End of Corporate News
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Language: English
Company: UET United Electronic Technology AG
Frankfurter StraÃe 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: Freiverkehr in Berlin, Düsseldorf, Stuttgart; Frankfurt in
Open Market (Entry Standard)
End of News DGAP News-Service
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224031 02.08.2013
DGAP-News: UET United Electronic Technology AG provides financial figures for the fiscal year 2012.
| Source: EQS Group AG