United Power Technology AG / Key word(s): Quarter Results 07.05.2013 12:58 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Q1 results 2013 United Power Technology AG achieved strong profitable growth in the first quarter 2013 Eschborn, Germany, May 07, 2013 - United Power Technology AG, one of the leading manufacturers of engine-driven power equipment in China, achieved revenues of 23.7 million Euros in the first quarter 2013, an increase of 22.3 per cent compared to the same period in 2012. United Power's commercial generator segment growth again outpaced the residential segment sector growth with revenues increasing by 65.3 per cent to 12.3 million Euros, while the residential segment generated revenues of 9.9 million Euros; a decrease of 7.0 per cent compared to the first three months in 2012. Additionally, a strong growth development was accomplished in the company's domestic market due to higher activities in the Chinese construction market, leading to a rise in demand for United Power products. Gross profit increased by 35.4 per cent from 3.4 million Euros in 2012 to 4.6 million Euros in the first quarter of 2013. United Power's gross profit margin went up by 1.9 percentage points to 19.3 per cent. This was mainly due to a higher capacity utilization compared to the same period last year as well as higher sales in the commercial generator segment, which has higher margins. The company's operating profit (EBIT) grew by 48.2 per cent to 3.8 million Euros (2012: 2.5 million Euros). The EBIT margin amounted to 15.8 per cent. Compared to the end of the fiscal year 2012, cash and cash equivalents grew by 25.8 per cent to 38.9 million Euros. The total equity increased from 101.5 million Euros by 7.1 per cent to 108.8 million Euros. United Power's equity to total assets ratio was 84.7 per cent as of 31 March 2013 compared to 85.4 per cent as of 31 December 2012. The Q1 report 2013 of United Power Technology AG will be published on the company's website http://www.unitedpower.de.com/en on May 14, 2013. --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: About United Power Technology Group United Power Technology Group designs, develops, manufactures and sells engines and an extensive range of engine-driven power equipment, including generators, outdoor power equipment, as well as components. Its major products comprise residential as well as commercial generators, which are currently delivered to end users in 60 countries around the world. The operational companies of United Power Technology Group are incorporated under the laws of the People's Republic of China and located in Fuzhou and Shanghai, China. For further requests please contact: Kirchhoff Consult AG Yasmin Yaqub T: +49 40 60 91 86 0 F: +49 40 60 91 86 60 E-Mail: [email protected] or visit www.unitedpower.de.com Disclaimer concerning prognoses This communication contains forward-looking statements. Forward-looking statements are statements that are not historical facts instead they reflect United Power's current views and expectations and the assumptions underlying them about future events. Forward-looking statements are subject to many risks and uncertainties. If any of such risks and uncertainties materialise or if the assumptions underlying any of United Power's forward-looking statements are proving to be incorrect, United Power's actual results may be materially different from those expressed or implied by such forward-looking statements. United Power does not intend or assume any obligation to update these forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made. 07.05.2013 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: United Power Technology AG Mergenthalerallee 10-12 65760 Eschborn Germany Phone: +49 6196 400804 Fax: +49 6196 400910 E-mail: [email protected];[email protected] Internet: www.unitedpower.de.com ISIN: DE000A1EMAK2 WKN: A1EMAK Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------