Consolidated revenues amounted to 17.283 mn EUR
Revenue growth 4.880 mn EUR respectively 39%
Business Area SYSTEMS with reduced profit
MANUFACTURING and SERVICE with positive profit contribution
UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn, releases selected financial figures for the operating business units SYSTEMS, MANUFACTURING and SERVICE for the second quarter of 2015, from April 1st to June 30th 2015.
In the period from April to June of the fiscal year 2015, the operating companies and business areas in the core business of the UET Group generated consolidated revenues of 17.283 mn EUR.
This represents a revenue increase of 4.880 mn EUR respectively 39% in comparison to the previous year. The newly consolidated company ALBIS Technologies AG provides a significant contribution to the growth.
The business areas MANUFACTURING and SERVICE achieved positive results in the second quarter, even if the business unit MANUFACTURING could not improve the operating profit based on the corresponding quarter in the previous year. Not including consolidation effects, the financial figures are presented as follows:
The business area SYSTEMS generated revenues of 13.910 mn EUR, ELCON Systemtechnik accounted for revenues of 8.043 mn EUR (previous year 8.872 mn EUR) and ALBIS Technologies AG of 5.866 mn EUR. Overall, this represents a growth of 57%.
In consequence of continuing high quarterly investment in research and development ELCON's EBITDA decreased by 0.666 mn EUR to 0.451 mn EUR. EBIT amounted to 0.025 mn EUR (previous year 0.814 mn EUR). ALBIS Technologies AG generated an EBITDA of -1.073 mn EUR and an EBIT of -1.110 mn EUR. The development of ALBIS' earnings is in line with expectations, and already considered with respect to terms of pricing, as well as, structure. ELCON's development and performance is slightly below expectations.
With regard to the integration of ALBIS in the business area SYSTEMS - with the objective to generate increasing revenues and earnings - a substantial part of the planned structural measures have already been implemented. The significant development expenditure on R&D will be reduced and adjusted in the business unit SYSTEMS.
The business unit MANUFACTURING reported total revenues of 5.056 mn EUR, 4% lower compared to last year. LETRON electronic accounted for 2.232 mn EUR and NewTal 2.824 mn EUR. EBITDA totaled at 0.084 mn EUR (previous year 0.115 mn EUR), total EBIT was 0.060 mn EUR and decreased by 0.030 mn EUR compared to the last year. For the third quarter, we expect an earnings increase within the business unit.
SUCONI Service in the business unit SERVICE reported revenues of 0.443 mn EUR in the second quarter, which represented a decrease of 25% compared to the same period last year and is a result of customer and project focus. Despite lower revenues, both EBITDA and EBIT could be improved by 0.013 mn EUR over the previous year and amounted to 0.019 mn EUR.
In the third quarter, the investment and expenditure on facilities, product and market development remain at a high level, but will be reduced and adjusted beginning at the end of the quarter. At the end of the third quarter, we expect the first time at ALBIS will break even. Overall, we expect the earnings situation is less than in the same period last year.
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 half-year report 2015, which will be released on September 17th.
Contact:
UET United Electronic Technology AG
Frankfurter Stra e 80-82
D-65760 Eschborn
Sebastian Schubert
Investor Relations
Tel: 49 (0) 6196 777755-0
E-Mail: investor@uet-group.com
Most recent headlines
05/01/2027
Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be ...
04/08/2026
Dalet, a leading technology and service provider for media-rich organizations, t...
04/07/2026
April 7 2026, 19:00 (PDT) Detective Conan: Fallen Angel of the Highway Opens in...
05/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
05/06/2026
ASG Promotes Joe Marchitto to Western Regional CTO
Brie Clayton June 5, 2026
0 Comments
Appointment to Support Engineering Alignment and Client Experi...
05/06/2026
Stargate Studios Colombia Uses DaVinci Resolve Studio for Vertical Microdramas
Brie Clayton June 5, 2026
0 Comments
End to end post in one platform al...
05/06/2026
People Need to Come First When We Use AI
Andy Marken June 5, 2026
0 Comments
It's just surviving. Life's very existence requires destruction....
05/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
05/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
05/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
05/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
05/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
05/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
05/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
05/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
05/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
05/06/2026
Frequency, the engine powering many of the world's leading streaming television channels, today announced the launch of In-Scene Advertising, a new monetiza...
05/06/2026
Berklee Study Reveals Video Has Become Essential to Music Careers Survey findings show social platforms have become the primary source of music for video cont...
05/06/2026
RT Radio 1 Folk Awards to take place on Tuesday 10th November 2026, Vicar Street, Dublin
Moya Brennan, D nal Lunny, Mary Black and Christy Moore among previou...
04/06/2026
Sony Electronics is introducing the SRG-AS10, a 4K 60p-compatible PTZ auto-frami...
04/06/2026
This recent grad from Spring, TX, led creative-video output for the Aggies' men's basketball team last season and has been producing video and creating ...
04/06/2026
For the first time at a women's golf major, every player in the field will r...
04/06/2026
Three Panasonic PT-RQ45 40,000-lumen 3-Chip DLP projectors made their first live...
04/06/2026
Bitmovin and Akamai have announced a collaboration with NRJ Group, a French mult...
04/06/2026
Telestream will exhibit at InfoComm 2026 (Booth N7952), demonstrating media work...
04/06/2026
Sony has announced the development of RIALTO 65, a 65mm format image sensor block for the VENICE 2 digital cinema camera, targeting release in the first half of...
04/06/2026
KOKUSAI DENKI Electric America will exhibit at InfoComm 2026 (Booth N8025, June ...
04/06/2026
Bell Media's TSN and RDS are the exclusive Canadian broadcasters of FIFA Wor...
04/06/2026
The Challenge: Receiving Heavy Media Files From Road Games Quickly and ReliablyT...
04/06/2026
MASV, a managed file transfer platform used in broadcast and live sports product...
04/06/2026
NESN has announced the appointment of Fahad Haider as Vice President of Operations and Engineering. Haider returns to NESN, where he previously served as Vice P...
04/06/2026
David J. Halberstam, who spent almost 50 years in sports as a broadcaster and an executive, died June 2 after a years-long battle with brain cancer.
Over his l...
04/06/2026
Although collegiate production programs are tasked with delivering high-quality ...
04/06/2026
California studio, two production trucks, global distribution system are combine...
04/06/2026
New global program empowers and supports storytellers through scriptwriting course and access to industry experts
TikTok and Sundance Institute today announce...
04/06/2026
Steinberg DAWs now boast in-depth Tonalic integration
Celemony's innovative virtual session musician plug-in has just received an update that brings ARA...
04/06/2026
Get Hands-On With Over 20 Mic Brands
GearExpo UK is fast approaching, and if you've been looking for a chance to check out some new mics, then you'r...
04/06/2026
Combos feature new Amplifier Intelligence engine
Positive Grid's latest release sees the company introduce two new combo amplifiers that promise to offe...
04/06/2026
Is Your Job Making You Work this June?
4 June, 2026
Media releases
SBS Launches the World Cup Watchers' Rights Association to Stand Up For Australians&...
04/06/2026
Statement regarding unauthorised use of SBS logos on third party social content
4 June, 2026
Media releases
SBS has become aware of social media posts in c...
04/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
04/06/2026
Bitmovin, a leading provider of video streaming infrastructure, and Akamai, the cybersecurity and cloud computing company that powers and protects business onli...
04/06/2026
American Underground (AU), the Startup Hub of the South and a community of mor...
04/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
04/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
04/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
04/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
04/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
04/06/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
Consolidated revenues amounted to 17.283 mn EUR
