United Power Technology AG Reports Group Cash Flow Results for the Year Ended December 31, 2014; Provides Earnings Guidance for the Full Year 2015
The company provided earnings guidance for the full year 2015. The group's guidance for 2015 is that the financial results for the full year 2015 will be weaker than in 2014. Although the company expects to halt the downward trend of group revenues in 2015, the Management foresees gross margin and EBIT margin to drop by about 2 - 5 percentage points.