27.02.2015
UET United Electronic Technology AG DE000A0LBKW6
DGAP-News: UET United Electronic Technology AG releases financial figures for operating business for the fourth quarter 2014
UET United Electronic Technology AG / Key word(s): Quarter Results/Miscellaneous
27.02.2015 11:30
Dissemination of a Corporate News, transmitted by DGAP - a service of EQS
Group AG.
The issuer / publisher is solely responsible for the content of this announcement.
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- Consolidated revenues for the fourth quarter was 10.870 mn EUR
- Positive EBIT in all operating companies
UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn,
releases selected financial figures for the operating business units
SYSTEMS, MANUFACTURING and SERVICE for the fourth quarter from October 1st
to December 31st 2014.
The operating units SYSTEMS, MANUFACTURING and SERVICE were able to
generate a positive EBIT (earnings before interest and taxes) for the
fourth quarter 2014. Furthermore the operating unit MANUFATURING improved
the operating performance and results compared to the fourth quarter of the
previous year.
Excluding consolidation effects revenues and operating profits are:
ELCON Systemtechnik within the business unit SYSTEMS grew quarter-revenues
by 1.0% to 7.627 mn EUR, for the entire year revenues improved by 11.2%
compared to 2013. Despite higher expenditures for Research and Development
Elcon reported a positive EBITDA of +0.687 mn EUR for the fourth quarter
(previous year 1.190 mn EUR). For the fiscal year 2014 the EBITDA increased
by 0.624 mn EUR to +3.545 mn EUR. ELCON's EBIT of the fourth quarter
amounted in +0.327 mn EUR (previous year 0.883 mn EUR). For 2014 the EBIT
improved by 0.432 mn EUR to +2.237 mn EUR compared to 2013.
For the business unit MANUFACTURING LETRON electronic achieved revenues of
2.110 mn EUR and declined by 9.0% in comparison to the same quarter of the
previous year. For the fiscal year 2014 revenues decreased by 11.4%. EBITDA
enhanced by 0.026 mn EUR to +0.044 mn EUR, for 2014 the EBITDA improved by
0.346 mn EUR to +0.202mn EUR. In the fourth quarter the EBIT grew as well
by 0.029 mn EUR to +0.043 mn EUR, which represented an increase of 0.357 mn
EUR to +0.197mn EUR for the preceding business year.
Between October and December NEWTAL Elektronik & Systeme achieved revenues
of 2.513 mn EUR which decreased by 9.0% in comparison to the same period of
the previous year. However revenues improved by 13.5% for the entire
business year. After a negative EBITDA in the fourth quarter 2013 NEWTAL
achieved an increase of 0.069 mn EUR that amounted to +0.034 mn EUR. In
2014 the EBITDA increased by 0.459 mn EUR to +0.378 mn EUR. In the fourth
quarter the EBIT has been improved by 0.081 mn EUR to +0.019 mn EUR. In
2014 earnings before interest and taxes enhanced by 0.461 mn EUR to +0.291
mn EUR.
SUCONI Service in the business unit SERVICE reported revenues of 0.585 mn
EUR for the fourth quarter, which decreased by 23.0% in comparison with the
same period of the previous year. The annual turnover improved by 1.4%
compared to 2013. The EBITDA of the fourth quarter declined by 0.096 mn EUR
to +0.020 mn EUR. In 2014 the EBITDA decreased by 0.048 mn EUR to +0.025 mn
EUR. Earnings before interest and taxes amounted to +0.020 mn EUR and
declined by 0.095 mn EUR. SUCONI's EBIT of the fiscal year 2014 was +0.021
mn EUR and decreased by 0.048 mn EUR.
The reported financial figures do not include consolidation effects of
existing non operating UET Holding companies. Extended full consolidated
financials will be reported within the annual report 2014. The release is
planned for May 6th 2015 at the latest.
Contact:
UET United Electronic Technology AG
Frankfurter Straße 80-82
D-65760 Eschborn
Sebastian Schubert
Tel: + 49 (0) 6196 777755-0
E-Mail: [email protected]
27.02.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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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: [email protected]
Internet: www.uet-group.com
ISIN: DE000A0LBKW6
WKN: A0LBKW
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart;
Open Market (Entry Standard) in Frankfurt
End of Announcement DGAP News-Service
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