Last €10.05 EUR
Change Today +0.05 / 0.50%
Volume 6.1K
US5 On Other Exchanges
Symbol
Exchange
Xetra
As of 11:36 AM 05/21/13 All times are local (Market data is delayed by at least 15 minutes).

ultrasonic ag (US5) Snapshot

Open
€9.75
Previous Close
€10.00
Day High
€10.40
Day Low
€9.70
52 Week High
02/18/13 - €11.70
52 Week Low
08/10/12 - €7.04
Market Cap
115.3M
Average Volume 10 Days
3.1K
EPS TTM
€2.69
Shares Outstanding
11.5M
EX-Date
--
P/E TM
3.7x
Dividend
--
Dividend Yield
--
Current Stock Chart for ULTRASONIC AG (US5)

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ultrasonic ag (US5) Details

Ultrasonic AG, through its subsidiaries, engages in the design, production, and sale of footwear products primarily in the People’s Republic of China. It provides urban footwear products that include outdoor, casual, and business footwear products, as well as accessories, such as socks, leather bags, and belts; sandals and slippers; and shoes soles for sports shoes. The company markets its products to the manufacturers of footwear and sports related apparel products, and trading companies under the Ultrasonic brand name through its regional distributors. Ultrasonic AG was founded in 1998 and is based in Düsseldorf, Germany.

Founded in 1998

ultrasonic ag (US5) Top Compensated Officers

Founder, Chairman of Management Board and Chi...
Total Annual Compensation: €5.0K
Chief Financial Officer and Member of Managem...
Total Annual Compensation: €3.0K
Chief Operating Officer and Member of Managem...
Total Annual Compensation: €4.0K
Compensation as of Fiscal Year 2012.

ultrasonic ag (US5) Key Developments

Ultrasonic AG Reports Preliminary Earnings Results for the Year 2012; Announces Capacity Expansions in 2013

Ultrasonic AG reported preliminary earnings results for the year 2012. The Group raised sales revenue 24.8% from EUR 119.4 million in 2011 to EUR 149.0 million in 2012. Pre-tax margin (EBT) was around 28% against 27.8% reported last year. Gross profit increased even faster, rising by 25.2% to EUR 46.2 million in 2012 against EUR 36.9 million reported last year. It should be noted that the increase was partly because the Chinese renminbi appreciated by an average of roughly 10.7% against the euro during the year. The company announced that the capacity expansions in 2013 are expected to raise production capacity for Shoe soles by 5% and for Sandals and slippers by 10%. The company also plans to manufacture up to 1.0 million pairs of children's shoes in 2013. Based on the company's current planning, following completion of all construction work in 2017 production capacity in the Shoe soles and Sandals and slippers segments will be 40% higher, and the company will have production capacity for around 5.0 million pairs of children's and leisure shoes.

Ultrasonic AG to Report Fiscal Year 2012 Final Results on Apr 15, 2013

Ultrasonic AG announced that they will report fiscal year 2012 final results on Apr 15, 2013

Ultrasonic AG Signs Cooperation Agreement with Walmart Group

Ultrasonic AG is driving forward plans to expand its distribution strategy, it has now signed a cooperation agreement with Walmart Group of the US (especially Walmart Supercenters). Alongside sandals and slippers, ULTRASONIC will supply this partner with children's footwear with a sporty design and a good quality, manufactured in the recently acquired production facilities near Xiamen. The agreement thus enables ULTRASONIC to enter this attractive, fast-growing sub-segment of the urban footwear market. In connection with this, the company will also be introducing its own quality brands tailored specifically to the Chinese mass market. These will be positioned below the premium ULTRASONIC brand. The sale of children's footwear under the new brand name is expected to start in the second half of 2013, while the sale of sandals and slippers, which will also be cheaper than the ULTRASONIC brand, is scheduled to start in 2014.

 

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Price/Sales 0.8x
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Price/Cash Flow 3.9x
TEV/Sales 0.3x
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