Brief: UET United Electronic Technology Says Revenues Increased By 70% To 34.35 Mln EUR In H1 2023

aconnic AG

31/10/2023 19:22

Oct 31 (Reuters) - UET United Electronic Technology AG
 CFCG.DE :
    * REVENUES INCREASED BY 70% TO 34.350 MILLION EUR IN FIRST
HALF OF
2023
    * 57.7 MILLION EUR OF ORDER BACKLOG AS OF JUNE 30, 2023
    * SEES OPERATING EBIT MARGIN OF 8% FOR FY 2023.
    * IN FIRST HALF OF YEAR, EBITDA AMOUNTED TO 5.379 MILLION
EUR
(PREVIOUS YEAR: -0.250 MILLION EUR)
    * UET UNITED ELECTRONIC TECHNOLOGY - EXPECTS REVENUE GROWTH
OF
AROUND 20% FOR FULL YEAR AND AN OPERATING EBIT MARGIN OF 8% FOR
2023
    * EBIT AMOUNTED TO 3.599 MILLION EUR IN FIRST SIX MONTHS,
COMPARED
WITH -1.857 MILLION EUR IN SAME PERIOD OF PREVIOUS YEAR

Source text for Eikon:  ID:nEQbhQDrga 
Further company coverage:  CFCG.DE 

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