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UMT publishes preliminary group figures 2016

By 16. May 2017May 11th, 2022No Comments

UMT United Mobility Technology AG publishes preliminary group figures 2016 – Total output more than doubled

UMT Group could significantly enhance key figures for total output, earnings and shareholders’ equity for the financial year 2016. According to preliminary calculations, the total operative performance grew by 109.2% to TEUR 4,745 (previous year: TEUR 2,268), gross profit at group level amounted to TEUR 3,759 in the reporting period (previous year: TEUR 1,052). Operating result before interest and tax (EBIT) increased considerably in 2016 to TEUR 347 (previous year: TEUR -802). UMT Group’s earnings before tax (EBT) reached TEUR 208 (previous year: TEUR -916) and the company posted net earnings of TEUR 207 (previous year: TEUR -917), leading to an EPS of EUR 0.01 (previous year: EUR -0.06).

The company’s healthy balance sheet structure improved significantly. Shareholders’ equity increased by TEUR 8,014 to TEUR 18,383 (previous year: TEUR 10,369).

UMT United Mobility Technology AG will for the first time publish consolidated accounts in accordance with German-GAAP for 2016. The published figures in this statement are following HGB rules and preliminary.