UMT United Mobility Technology AG announced preliminary earnings results for the full year of 2018. According to preliminary calculations, the UMT Group's total operating performance rose by 35% to EUR 12,431,000 in the past fiscal year (previous year: EUR 9,224,000). This is mainly based on revenues of EUR 9,520,000 (previous year: EUR 6,503,000). Consolidated operating earnings before interest and taxes (EBIT) fell to EUR 250,000 (previous year: EUR 550,000). According to preliminary figures, the UMT Group closed the 2018 financial year with a consolidated net income of EUR 117,000 (previous year: EUR 328,000).

The company provided earnings guidance for the full year of 2019. The Group expects an acceleration of the growth course for the 2019 fiscal year with an improvement in sales and operating profit against the background of the course set.