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UniDevice AG: Preliminary quarterly results: sales EUR 106 million, net profit EUR 1.2 million (news with additional features)

·3-min read

DGAP-News: UniDevice AG / Key word(s): Quarterly / Interim Statement/9 Month figures
06.10.2020 / 14:27
The issuer is solely responsible for the content of this announcement.

 

 

Investor News, October 06, 2020

 

UniDevice AG in the third quarter 2020:
Preliminary quarterly results: sales EUR 106 million, net profit EUR 1.2 million

- Broker for communications and consumer electronics benefits from a strong market position
- Third quarter 2020 (preliminary): sales EUR 106 million (+ 38%), net profit EUR 1.2 million (+ 50%)
- 9 months 2020 (preliminary): sales EUR 302 million (+ 15%), net profit EUR 2.8 million (+ 47%)

Schönefeld, October 06, 2020 - UniDevice AG (ISIN: DE000A11QLU3) announces that it has expanded its profitable growth path in the third quarter of 2020.
Sales growth (preliminary) was 38% in the third quarter (to 106 million euros).

The net profit (preliminary) rose by 50% (to 1.2 million euros).

In the first 9 months of 2020, sales (preliminary) of EUR 302 million (+ 15%) and a net profit for the period of EUR 2.8 million (+ 47%) were achieved.

"The first 9 months of 2020 were very successful and justify the start of the dividend payment in 2020. We are now looking forward to the imminent introduction of 5G-enabled mobile phones in the high-revenue fourth quarter with "Black Friday", "Cyber ​​Monday" and Christmas",
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 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: Preliminary quarterly results Q3 2020

06.10.2020 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.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

UniDevice AG

Mittelstraße 7
12529 Schönefeld
Tel.: (030) 55 57 25 78

info@unidevice.de

UniDevice AG

Mittelstraße 7
12529 Schönefeld
Tel.: (030) 55 57 25 78

info@unidevice.de

Language:

English

Company:

UniDevice AG

Mittelstrasse 7

12529 Schönefeld

Germany

Phone:

030 63415600

E-mail:

info@unidevice.de

Internet:

www.unidevice.de

ISIN:

DE000A11QLU3

WKN:

A11QLU

Listed:

Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich

EQS News ID:

1139193


 

End of News

DGAP News Service

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