DGAP-News: UET United Electronic Technology AG: UET United Electronic Technology AG releases financial figures for fiscal year 2013


UET United Electronic Technology AG  / Key word(s): Final Results/Miscellaneous

17.04.2014 10:00

Dissemination of a Corporate News, transmitted by DGAP - a company of EQS
Group AG.
The issuer / publisher is solely responsible for the content of this
announcement. 

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  - Consolidated Revenues of 45.331 mn EUR

  - Group EBITDA with 4.677 mn EUR positive

  - EBIT improves by 2.203 mn EUR to 1.116 mn EUR

  - Cash Flow from operating activities amounts to 2.759 mn EUR

  - UET convenes annual stockholder's meeting on May 28th, 2014

UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn,
releases its approved financial figures for fiscal year 2013.

In the fiscal year 2013 UET generated consolidated revenues of 45.331 mn
EUR. Revenues were 3% lower than in the previous year, compared with the
existing core operating activities.

Earnings before interest, taxes, depreciation and amortization (EBITDA)
amounted to 4.677 mn EUR and therefore improved by 135% compared to the
previous year.

Earnings before interest and taxes (EBIT), generated by UET Group,
increased by 2.203 mn EUR to 1.116 mn EUR.

Due to expenses for interests earnings from ordinary operating activities
still remained negative but improved from -3.176 mn EUR to -0.522 mn EUR.

Cash Flow from operating activities increased from -0.812 mn EUR in the
previous year to 2.759 mn EUR in 2013. Cash and cash equivalents in the
group amounted to 1.453 mn EUR as of December 31st, 2013.

The annual stockholder's meeting is scheduled for May 28th, 2014 in
Eschborn. The invitation including its agenda was already released.

The annual accounts and the annual group accounts 2013 (German version
only) will be released on the company's website (http://www.uet-group.com)
under Investor Relations/ Financial Reports. The invitation including its
agenda for the annual stockholder's meeting will be made available for
download from the company's website under Investor Relations/ Annual
Meeting.

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


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Financial/Corporate News and Press Releases.
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Language:     English
Company:      UET United Electronic Technology AG
              Frankfurter Straße 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 Announcement                             DGAP News-Service
 
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