DGAP-News: UET United Electronic Technology AG / Key word(s): Annual Results/Miscellaneous 
UET United Electronic Technology AG releases consolidated financial results for the fiscal year 2020 
2021-06-30 / 11:55 
The issuer is solely responsible for the content of this announcement. 
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  . Consolidated revenues of 30.178 mn EUR 
  . EBITDA amounts to 0.497 mn EUR 
  . Earnings per share of -0.20 EUR 
  . Cash flow remains on 2019 level 
  . Guidance for first half of 2021: Profitable growth of Core Business by approx. 10% 
UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn, releases its financial results for the fiscal year 
2020. 
Consolidated revenues of the UET Group amounted to EUR 30.178 million in the financial year 2020 (previous year: EUR 
46.454 million). 
The decline of revenues was caused by Covid-19 pandemic impacts related to the slowdown in installation of new network 
connections due to limitations and reduced customer access. 
For the financial year, the UET Group reports EBITDA (earnings before interest, taxes, depreciation and amortization) 
in the amount of EUR 0.497 million (previous year: EUR 6.223 million). Earnings before interest and taxes (EBIT) 
amounted to EUR -2.388 million (previous year: EUR 3.624 million). 
The net result after tax attributable to UET shareholders amounted to EUR -2.955 million in 2020. The corresponding 
earnings per share is EUR -0.20 (previous year: EUR 0.23). 
The equity of UET as of December 31, 2020 reports to EUR 2.751 million (previous year: EUR 5.605 million). 
The reported operating cash flow in 2020 was EUR -2.470 million compared with EUR -2.285 million in the previous year. 
At the end of the financial year 2020, cash and cash equivalents in the UET Group amounted to EUR 5.048 million 
(previous year: EUR 4.036 million). 
Outlook and Guidance 2021: In the first half of the current financial year 2021, revenues for deliveries and services 
increased in all areas. From January to June 2021, the expected sales will be around EUR 17.6 million, which 
corresponds to a growth in the core business of around +10%. Group earnings before interest, taxes, depreciation and 
amortization - EBITDA are expected to be around EUR 2.1 million. This represents an increase of around 210% compared to 
the same period in the previous year. 
The Annual General Meeting will take place on August 19^th, 2021 in Eschborn. The invitation to the Annual General 
Meeting will be published in the German Bundesanzeiger by July 12^th, 2021. 
The annual report and the annual group report 2020 (German version only) will be released on the company's website 
(www.uet-group.com) under Investor Relations/Financial Reports as of June 30^th, 2021. 
Contact: 
UET United Electronic Technology AG 
Frankfurter Straße 80-82 
D-65760 Eschborn 
Sebastian Schubert 
Investor Relations 
Tel: + 49 (0) 6196 777755-0 
E-Mail: investor@uet-group.com 
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2021-06-30 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
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Language:     English 
Company:      UET United Electronic Technology AG 
              Frankfurter Straße 80-82 
              65760 Eschborn 
              Germany 
Phone:        +49 (0)6196-7777550 
Fax:          +49 (0)6196-7777559 
E-mail:       investor@uet-group.com 
Internet:     www.uet-group.com 
ISIN:         DE000A0LBKW6 
WKN:          A0LBKW 
Listed:       Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Stuttgart 
EQS News ID:  1213810 
 
End of News   DGAP News Service 
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1213810 2021-06-30


 
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June 30, 2021 05:57 ET (09:57 GMT)