UET United Electronic Technology AG (CFCG.F) Key Developments | Reuters.com
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UET United Electronic Technology AG (CFCG.F)

CFCG.F on Frankfurt Stock Exchange

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Latest Key Developments (Source: Significant Developments)

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

UET United Electronic Technology AG closes sale of property in Arnsberg
Tuesday, 10 Mar 2015 05:45am EDT 

UET United Electronic Technology AG:Announces the closing of the transaction of the sale of the property in Arnsberg.Profit contribution of 0.594 million euros.Profit contribution effective in financial reporting 2015.  Full Article

UET United Electronic Technology acquires 100 pct of ALBIS Technologies
Monday, 2 Mar 2015 04:30am EST 

UET United Electronic Technology AG:Acquires 100 pct of ALBIS Technologies, Zuerich, Switzerland.Acquisition is structured as a combined cash purchase in amount of 1.0 million euros and share acquisition.Part of price will be paid in 1 million newly issued UET AG shares with a nominal value of 1.00 euro through a capital increase of UET.After transaction existing Albis shareholders will hold a combined stake of 11 pct at UET.Transaction is scheduled to be finalized by July 2015.Expected new sales contribution of ALBIS will be about 25.0 million euros for 2015.  Full Article

UET United Electronic Technology AG sells non-core property to repay financial liabilities
Thursday, 8 Jan 2015 05:30am EST 

UET United Electronic Technology AG:Announces sale of property in Arnsberg.Reduction of financial liabilities in amount of 3.7 million euros.Purchase price will be used to repay financial liabilities which will be reduced by about 3.7 million euros.  Full Article