United Power Technology AG announced preliminary consolidated earnings results for the fiscal year 2012. The company improved its consolidated revenues by 10.7%, amounting to EUR 111 million against EUR 100.3 million while the EBIT increased from EUR 11.9 million in 2011 to EUR 15.3 million. The adjusted EBIT (adjusted for one-off IPO related expenses) remained almost unchanged at EUR 16.5 million due to a lower gross margin and increased administrative expenses as a result of being a public listed company.

At EUR 12.6 million, net profit increased by EUR 3 million as compared with the previous year's figure with earnings per share increasing from EUR 0.85 to EUR 1.02. Adjusted net profit was EUR 13.8 million compared to EUR 14.2 million in 2011, resulting in adjusted earnings per share of EUR 1.13.