Brief: UMT FY Consolidated EBITDA Up At EUR 4.5 Mln

UMT United Mobility Technology AG

06/08/2020 09:46

Aug 6 (Reuters) - UMT UNITED MOBILITY TECHNOLOGY AG
 UMDk.DE :
    * UMT UNITED MOBILITY TECHNOLOGY AG: UMT PUBLISHES
PRELIMINARY
GROUP FIGURES FOR 2019: REVENUES AND EARNINGS SIGNIFICANTLY
IMPROVED - FURTHER GROWTH EXPECTED FOR 2020
    * TOTAL OPERATING PERFORMANCE ROSE BY 9 PERCENT TO TEUR
13,592 IN
PAST FISCAL YEAR (PREVIOUS YEAR: TEUR 12,431)
    * FY GROSS PROFIT AT GROUP LEVEL IMPROVED BY 17 PERCENT TO
TEUR
9,096 IN REPORTING YEAR (PREVIOUS YEAR: TEUR 7,788).
    * FY REVENUES OF TEUR 12,718 (PREVIOUS YEAR: TEUR 9,520)
    * FY CONSOLIDATED EBITDA OF TEUR 4,461 ALMOST DOUBLED
COMPARED TO
PREVIOUS YEAR (TEUR 2,713)
    * FY CONSOLIDATED OPERATING EARNINGS BEFORE INTEREST AND
TAXES
(EBIT) ALSO INCREASED SIGNIFICANTLY TO TEUR 1,088 COMPARED TO
TEUR 250 IN PREVIOUS YEAR.
    * IS ASSUMING CONTINUED STRONG GROWTH FOR FISCAL YEAR 2020
    * CLOSED 2019 FINANCIAL YEAR WITH A CONSOLIDATED NET INCOME
OF
TEUR 1,074 AFTER TEUR 117 IN PREVIOUS YEAR.
    * FY EBT INCREASED TO TEUR 1,074 (PREVIOUS YEAR: TEUR 117)
    * EXPECTS SIGNIFICANT INCREASE IN REVENUES AND EARNINGS IN
THREE-DIGIT PERCENTAGE RANGE IN FY 2020

Source text for Eikon:  ID:nEQ2xVQDa 
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