Brief: UMT United Mobility Technology Increases Guidance For 2019

UMT United Mobility Technology AG

14/11/2019 09:33

Nov 14 (Reuters) - UMT United Mobility Technology AG
 UMDk.DE :
    * DGAP-ADHOC: UMT WITH NEW STRATEGIC PARTNER: INCREASE OF
STANDING
GUIDANCE FOR 2019 AND EXPANSION OF DIGITAL SERVICES IN THE
FINTECH SECTOR
    * ANNOUNCES A NEW STRATEGIC PARTNERSHIP WITH LONDON-BASED
PRIVATE
EQUITY FUND KINGSBRIDGE CAPITAL ADVISORS LTD.
    * INCREASES ITS EXISTING POSITIVE REVENUE GUIDANCE FOR FY
2019 TO
TEUR 11,500 WITH AN EXPECTED EBITDA MARGIN OF 35%

Source text for Eikon:  ID:nEQ4lGRGfa 
Further company coverage:  UMDk.DE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))