Brief: UMT FY EBIT At EUR 550,000

UMT United Mobility Technology AG

18/05/2018 14:15

May 18 (Reuters) - UMT UNITED MOBILITY TECHNOLOGY AG
 UMD.DE :
    * PUBLISHES CONSOLIDATED FINANCIAL STATEMENTS 2017 AND
OUTLOOK
2018
    * FY TOTAL PERFORMANCE WAS UP 94.4%, TO TEUR 9,224 (YEAR
BEFORE:
TEUR 4,745)
    * FY SALES REVENUES MORE THAN QUADRUPLED TO TEUR 6,503 (YEAR
BEFORE: TEUR 1,518)
    * FY CONSOLIDATED GROSS PROFIT AMOUNTED TO TEUR 4,450 (YEAR
BEFORE: TEUR 3,759)
    * FY EBIT ALSO SHOWED STRONG GROWTH, CLIMBING TO TEUR 550
FROM
TEUR 347 IN PREVIOUS YEAR
    * EXPECTS CONTINUED STRONG GROWTH IN ITS OPERATIONAL
BUSINESS IN
FINANCIAL YEAR 2018
    * OUTLOOK 2018: EXPECTS SIGNIFICANT DOUBLE-DIGIT REVENUE
GROWTH
OVER YEAR BEFORE
    * OUTLOOK 2018: EXPECTS TO REPORT SIGNIFICANT IMPROVEMENT IN
OPERATING PROFITS

Source text for Eikon:  ID:nEQ5NBRKVa 
Further company coverage:  UMD.DE 

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