UET United Electronic Technology AG reduces liabilities as further restructuring measure

• Group profit contribution of approx. 1.3 mn EUR
• Reduction of approx. 1.3 mn EUR in liabilities

Today, UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn, announces a further restructuring measure.

Within the scope of development and also to simplify the group structure, UET United Electronic Technology AG repurchased a loan liability in the context of former Delmod investment.

The transaction generates a profit contribution of approx. 1.3 mn EUR and a reduction of existing liabilities to the same extent.

The described effects will be included in the balance sheet and earnings for the first half of 2015 and are represented in the UET half-year report accordingly. Publication of the report is planned for September 17th 2015.

 

Contact:

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

Sebastian Schubert
Investor Relations
Tel: + 49 (0) 6196 777755-0
E-Mail: investor@uet-group.com