United Power Technology AG / Key word(s): Dividend 20.04.2015 10:47 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- United Power Technology AG: Full year 2014 results and dividend proposal Eschborn, Germany, 20 April 2015 - United Power Technology AG (United Power), a manufacturer of engine-driven power equipment in China, reports preliminary results 2014 and the dividend proposal as follows: The revenues decreased by 7.8 per cent to 95.6 million Euros due to adverse market conditions. Year-on-year EBIT dropped from 13.9 million Euros in 2013 to 9.1 million Euros, representing an EBIT margin of 9.5 per cent after 13.4 per cent in the previous year. The Group's net profit decreased from 10.0 million Euros in 2013 to 5.4 million Euros in 2014. On the basis of the preliminary financial results and in view of the on-going factory expansion, possible M&A considerations and continued industry consolidation, the Management Board and the Supervisory Board of United Power, jointly decided today that they will not propose a dividend payment for the year 2014 to the Annual General Meeting. For the financial year 2013 United Power had paid a dividend of 0.08 Euro per share. The Annual General Meeting of United Power will be held on 26 August 2015. The company will publish its full annual report 2014 on 29 April 2015. The Annual General Meeting of United Power will be held on 26 August 2015. The company will publish its full annual report 2014 on 29 April 2015. --------------------------------------------------------------------------- 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 around 70 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 Andreas Friedemann T: +49 40 60 91 86 50 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. 20.04.2015 The DGAP 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] Internet: www.unitedpower.de.com ISIN: DE000A1EMAK2 WKN: A1EMAK Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------