Investor News, 10/15/2019

Quarterly report as of 09/30/2019

Schönefeld, 10/15/2019 - UniDevice AG (ISIN: DE000A11QLU3, WKN: A11QLU) announces that in the third quarter sales of EUR 76.70 million were 7% higher than in the same period of last year (EUR 71.76 million). Earnings before interest and taxes (EBIT) in the third quarter of EUR 1.24 million more than tripled compared to the same period of the previous year (EUR 0.36 million).

In the first 9 months, sales of EUR 262 million (previous year period: EUR 221 million, growth 18.5%) and earnings before interest and taxes (EBIT) of EUR 2.95 million (previous year period: EUR 1.27 million, growth of 132%) were achieved.

The quarterly report as of 09/30/2019 will be published on 10/16/2019 on the company's website.

"In the third quarter, once again quantitative growth (sales) and qualitative growth (margin) were achieved. We hold talks to expand the use of debt capital. The use of a higher debt ratio is intended to promote further growth. For both banks and debt investors, a payout ratio of 50% of the profits is approved in these discussions. This encourages me to propose to the shareholders at the next Annual General Meeting a dividend distribution of 50% of the profit, "commented Dr. Christian Pahl (CEO).

About UniDevice:

UniDevice AG (DE000A11QLU3) is an international B2B broker for communications and consumer electronics, focusing on high-end smartphones from leading manufacturers such as Apple and Samsung. In this market, the Berlin-based company is the first in Germany to specialize in optimizing the customer's supply chain. Customers include mobile service providers as well as wholesalers and retailers. Risks are much lower than with a wholesaler due to the fast inventory turnover in 5 days on average and immediate customer payments. The company has been stock exchange listed since March 2018.