Uzin Utz AG, Ulm, (ISIN No. DE 000755 1509; General Standard) publishes preliminary, unaudited figures for the financial year 2019. The Uzin Utz Group achieves record figures for turnover and earnings in the company's history.
According to the preliminary, as yet unaudited IFRS figures, consolidated sales amounted to around EUR 372.4 million after EUR 345.7 million in the previous year, and thus increased by 7.7% compared to the previous year. Earnings before interest and taxes (EBIT) rose disproportionately from EUR 21.0 million to EUR 30.2 million in financial year 2019. This is an increase of 44.1%. The result from ordinary business activities amounted to EUR 29.7 million, compared with EUR 20.9 million in the previous year. After the result was burdened by a one-time special effect in 2018, targeted measures with regard to profitable sales growth and sustainable securing of earnings as well as efficiency increases led to this positive development. This provides a good basis for realising future investments in connection with the new strategy Passion.
The preliminary, unaudited figures may differ from the audited figures for the financial year 2019. The audited figures will be published on our website on March 30, 2020, following the adoption of the annual financial statements of Uzin Utz AG and the approval of the consolidated financial statements.
Note to the editors: The annual press conference of Uzin Utz AG will take place on April 21, 2020 at 10:30 a.m. in Ulm at the company’s headquarter.
Investor Relations | Sandra Ruf
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