• 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 opinion for. The now released financial figures are largely consistent with the ones reported in August 2013.

In the fiscal year 2012 UET generated consolidated revenues of 57.7 mn EUR. Revenues for the consolidated core business including the core companies’ activities were 46.7mn EUR.

Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to 1.989mn EUR. Earnings of ordinary operating activities were -3.176 mn EUR (previously -12.826mn EUR). Cash Flow from operating activities improved by 1.1mn EUR to -0.8mn EUR.

The next annual stockholder’s meeting is scheduled for the first quarter of 2014. The final time and date as well as the invitation will be released timely.

The annual accounts and the annual group accounts (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 December 20th, 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