UMT United Mobility Technology AG
UMT with new strategic partner: Increase of standing guidance for 2019 and expansion of digital services in the FinTech sector
UMT United Mobility Technology AG / Key word(s): Change in Forecast/Alliance Munich, 14 November 2019 The partnership also allows UMT to increase its existing positive revenue guidance for the full year 2019 to TEUR 11,500 with an expected EBITDA margin of 35%. In addition to the UMT Group’s existing offerings in the area of Industrial Internet of Things (IoT) and Pay-per-Use for Machine-to-Machine (M2M) payment applications, UMT sees a multitude of further opportunities for digital services in the entire FinTech sector in the future. The highly sought-after expertise in the development, introduction and operation of nationwide secure mobile payment solutions forms the solid basis for further services. The new strategic partnership and the exchange with leading representatives of the financial industry enabled UMT to gain early insight into the ongoing profound changes in the financial sector and to identify an urgent need for cost-saving digital solutions.
14-Nov-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | UMT United Mobility Technology AG |
Brienner Straße 7 | |
80333 München | |
Germany | |
Phone: | +49 (0) 89 20 500 680 |
Fax: | +49 (0) 89 20 500 555 |
E-mail: | info@umt.ag |
Internet: | www.umt.ag |
ISIN: | DE000A2YN702 |
WKN: | A2YN70 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 911941 |
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