United Power Technology AG announced earnings results for first half of 2013. For the period, the company reported, revenue growth by 9.0% to EUR 56.3 million. Revenues were driven by higher sales in the commercial generator segment. The Gross profit grew by 12.7% to EUR 11.6 million in the first half of 2013 and thus at a higher rate than revenues. Profit from operations (EBIT) grew by 14.6% to EUR 9.8 million, reflecting the increase in gross profits. Profit for the period also grew by 13.4% to EUR 8.4 million. Accordingly, earnings per share (EPS) in the first six months of 2013 were EUR 0.68, an increase of 13.3% year-on-year.

The company said that it expects for the year 2013 8% revenue growth and an EBIT margin in line with the year 2012.