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United States

UET United Electronic Technology AG (CFCG.F)

CFCG.F on Frankfurt Stock Exchange

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28 Mar 2017
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Latest Key Developments (Source: Significant Developments)

UET United Electronic Technologys sells business area MANUFACTURING to CCS Group
Wednesday, 1 Mar 2017 02:13am EST 

UET United Electronic Technology AG : Sells business area MANUFACTURING to CCS Group . In addition, UET Group and CCS Group have signed a letter of intent, in which sale of essential assets of NewTal Elektronik + Systeme was agreed . To acquire substantial assets of Letron Electronic .Total value of both transactions amounts to around 4.0 million euros.  Full Article

UET United Electronic Technology starts talks on manufacturing business
Thursday, 16 Feb 2017 06:00am EST 

UET United Electronic Technology AG : Starts negotiations related to investments or sale of business area manufacturing . Evaluation and negotiation related to received offers for Letron and Newtal . With planned income from this transaction UET will reduce existing trade liabilities within operating business and to secure on-going development for systems and service business .Plans to take decisions and to sign first agreements within next two weeks.  Full Article

UET United Electronic Technology Q1 revenue up at EUR 17.679 mln
Tuesday, 21 Jun 2016 09:00am EDT 

UET United Electronic Technology AG : Releases financial figures for operating business for the first quarter 2016 .Q1 consolidated revenues of 17.679 million euros ($19.96 million) up 14 pct compared to previous year.  Full Article

UET United Electronic Technology FY 2015 revenues up at 63.803 mln euros
Wednesday, 11 May 2016 09:00am EDT 

UET United Electronic Technology AG : FY 2015 revenues grow by 31.7 pct to 63.803 million euros ($72.77 million) . FY EBITDA amounts to -1.728 million euros, EBIT -3.947 million euros .Consolidated results totaled in a net loss of -1.177 million euros(previous year: 1.262 million euros) over course of year.  Full Article

UET United Electronic Technology AG completes capital increase
Friday, 14 Aug 2015 09:30am EDT 

UET United Electronic Technology AG:Completes capital increase against contributions in kind.1,000,000 new shares issued.Registered share capital increased to 9,447,590.00 euros ($10.52 million).  Full Article

UET United Electronic Technology concentrates production in Germany
Thursday, 6 Aug 2015 07:30am EDT 

UET United Electronic Technology AG:Investment in and expansion of its own production location in Hartmannsdorf, Germany.Investments of approx. 2 million euros in Germany.UET relocates additional areas of corporate group production to Germany.Consequently, from now on manufacturing will be rendered within UET group.First phase of project will be completed in Q1 of 2016.  Full Article

UET United Electronic Technology AG reduces liabilities as further restructuring measure
Thursday, 18 Jun 2015 03:30am EDT 

UET United Electronic Technology AG:Reduces liabilities as further restructuring measure.Repurchased a loan liability in context of former delmod investment.Group profit contribution of approx. 1.3 million euros.  Full Article

More From Around the Web

BRIEF-UET United Electronic Technologys sells business area MANUFACTURING to CCS Group

* In addition, UET Group and CCS Group have signed a letter of intent, in which sale of essential assets of NewTal Elektronik + Systeme was agreed