United Power Technology AG Reports Consolidated Earnings Results for the Second Quarter and First Half Ended June 30, 2014
For the first half, the company's revenue was EUR 53.2 million against EUR 56.3 million a year ago. EBIT was EUR 7.2 million against EUR 9.8 million a year ago. Profit before tax was EUR 7.0 million against EUR 9.9 million a year ago. Profit attributable to owners of the company was EUR 5.1 million against EUR 8.4 million a year ago. Basic and diluted EPS was EUR 0.41 against EUR 0.68 a year ago. Net cash generated from operating activities was EUR 5.3 million against EUR 6.3 million a year ago. Payments for acquisition of property, plant and equipment was EUR 14.8 million against EUR 0.7 million a year ago.