UMT United Mobility Technology AG: UMT publishes preliminary group figures 2017: Sales revenues more than quadrupled - further significant growth expected for 2018

Munich, 12 April 2018

Ad hoc release

UMT publishes preliminary group figures 2017: Sales revenues more than quadrupled - further significant growth expected for 2018

According to preliminary calculations, UMT Group reports a successful year 2017. UMT Group could significantly enhance key figures for sales revenues, total output and earnings for the financial year 2017. According to preliminary calculations, the total operative performance grew by 93 % to TEUR 9,150 (previous year: TEUR 4,745), largely due to sales revenues in the amount of TEUR 6,435 (previous year: TEUR 1,518). Gross profit at group level amounted to TEUR 4,501 in the reporting period (previous year: TEUR 3,759). Operating result before interest and tax (EBIT) increased considerably in 2017 to TEUR 556 (previous year: TEUR 347). UMT Group's earnings before tax (EBT) reached TEUR 335 (previous year: TEUR 208) and the company posted net earnings of TEUR 335 (previous year: TEUR 207).

UMT Group expects further strong growth in its operating business, with a significant increase in sales and earnings in the clear double-digit percentage range for the financial year 2018.

The published figures in this statement are preliminary.
 

Contact:

UMT United Mobility Technology AG
Investor Relations
Anna Kroh
Brienner Strasse 7
D-80333 Munich
E-Mail: investor.relations@umt.ag
Tel.: +49 89 20500-680
Fax: +49 89 20500-555
www.umt.ag