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Friday 24 July, 2020

UniDevice AG

Sales EUR 196.27 million (+5.88%), EBIT EUR 2.37 million (+38.43%), Net profit EUR 1.63 million (+51.87%)

DGAP-News: UniDevice AG / Key word(s): Half Year Results/Dividend
UniDevice AG: Sales EUR 196.27 million (+5.88%), EBIT EUR 2.37 million (+38.43%), Net profit EUR 1.63 million (+51.87%) (news with additional features)

24.07.2020 / 15:17
The issuer is solely responsible for the content of this announcement.


 

 

Investor News, July 24, 2020

UniDevice AG
Mittelstraße 7
12529 Schönefeld
Tel.: (030) 55 57 25 78
[email protected]
 

UniDevice AG in the first half of 2020:
Sales EUR 196.27 million (+5.88%), EBIT EUR 2.37 million (+38.43%),
Net profit EUR 1.63 million (+51.87%)

- Broker for communications and consumer electronics benefits from a strong market position
- First half of 2020: Sales EUR 196.27 million (+ 5.88%), EBIT EUR 2.37 million (+ 38.43%),
Net profit EUR 1.63 million (+ 51.87%)
- First dividend payment of 7 cents per share (thus EUR 1,053,500.00) made

Schönefeld, July 24, 2020 - UniDevice AG (ISIN: DE000A11QLU3) announces that it has continued on its profitable growth path in the first half of 2020.

The international B2B brokerage for communication and entertainment electronics, focusing on high-priced smartphones from leading manufacturers such as Apple and Samsung, achieved sales growth of 4.98% (to EUR 194.61 million) and a profit increase of 39.54% (to EUR 1. 50 million).

The medical technology business, which focuses on the restoration of mobility for physically disabled people after an accident or during a serious neurological illness (sale of special and modern rehabilitation aids, as well as the special construction of manufactured seat shells and seat cushions) achieved sales of EUR 1.66 million and a profit for the period of EUR 132 thousand.

"The international B2B brokerage and international wholesale of electronic devices from the areas of entertainment and communication continue to offer great growth potential. In autumn 2020, 5G-capable mobile phones will be widely launched in the EU by Apple, Samsung and other manufacturers. We expect this to provide an additional impetus for sales and profit growth.
In the field of medical technology, SaniSolutions GmbH is enabled to implement ISO 13485: 2016. This project increases the process quality and efficiency of the business area. We expect this to result in competitive advantages over other market participants, "said Dr. Christian Pahl, CEO of UniDevice.


About UniDevice AG
UniDevice AG (DE000A11QLU3) operates with its subsidiary PPA International AG in international B2B brokerage for communication and entertainment electronics with a focus on high-priced smartphones from leading manufacturers such as Apple and Samsung. In this market, the Berlin-based company was the first in Germany to specialize in optimizing customers' supply chains. Customers include cellular service providers, wholesalers and retailers. Risks are much lower than with a wholesaler due to the rapid inventory turnover and immediate payment by customers.

UniDevice AG is active with the subsidiary SaniSolutions GmbH (a specialty medical center for the most modern rehabilitation technology) with three locations nationwide in the field of medical technology. The focus of the company is on restoring mobility for physically disabled people after an accident or during a serious neurological illness. The two main product areas are the distribution of special and modern rehabilitation aids, as well as the special construction of manufactured seat shells and seat cushions. The focus of rehabilitation aids is on electric wheelchairs.

UniDevice increased sales in the first half of 2020 by 5.88% to EUR 196.27 million and the operating result (EBIT) by 38.43% to EUR 2.37 million. The net profit increased disproportionately by 51.87% to EUR 1.63 million.

UniDevice AG has been listed with a share (DE000A11QLU3) since March 2018 and has been represented on the capital market with a bond (DE000A254PV7) since December 2019.

 


Additional features:

File: UniDevice AG: First Half Year 2020


24.07.2020 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.

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Language: English
Company: UniDevice AG
Mittelstrasse 7
12529 Schönefeld
Germany
Phone: 030 63415600
E-mail: [email protected]
Internet: www.unidevice.de
ISIN: DE000A11QLU3
WKN: A11QLU
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich
EQS News ID: 1101265

 
End of News DGAP News Service

1101265 24.07.2020 

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