News Column

DGAP-Adhoc: United Labels AG: Forward momentum sustained in first half of 2014

August 18, 2014

United Labels AG / Key word(s): Half Year Results/Quarter Results 18.08.2014 11:45 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. --------------------------------------------------------------------------- - Group revenue grows to EUR14.2 million - EBITDA rises to EUR0.5 million - Order backlog up 59% on previous year MÜnster, 18 August 2014. United Labels AG (ISIN: DE 0005489561, WKN: 548956) managed to lift its consolidated revenue by 2% year on year in the first half of 2014, taking the figure to EUR14.2 million (prev. year: EUR13.9 million). Overall, the Group's order backlog and revenue recognised for the financial year to date are EUR4.1 million or 18.9% higher than in the same period a year ago. Total order backlog rose by 59% to EUR13.8 million, the highest figure over a period spanning eight quarters. This forward momentum was attributable to measures introduced in the form of new marketing and growth concepts as well as the decision to centralise sales for Central and Northern Europe in Germany. It was also driven by the ongoing refinement of the company's portfolio of high-impact licences. At EUR0.5 million (prev. year: EUR0.2 million), earnings before interest, taxes, depreciation and amortisation (EBITDA) were up markedly on the figure posted for the same period a year ago. Group earnings also improved after accounting for depreciation and amortisation, with EBIT increasing to EUR0.1 million (prev. year: EUR-0.1 million). This performance illustrates the desired impact of the Group's ongoing streamlining programme and measures to optimise all areas of business. The company will be looking to exploit further growth by pursuing expansion in its B2C business that includes existing airport shops and by extending the e-commerce activities of its subsidiary Elfen Service GmbH through the additional integration of the children's textiles range of United Labels. In the core fields of business currently operated by the company - the sale of merchandise relating to cartoons/comics within the Special Retail and Key Account segments - future growth will be managed in accordance with the company's policy on profitability and earnings. Looking to the current financial year as a whole, the company has confirmed its forecast issued at the beginning of the year, with projected revenue growth of 10-20% in 2014 and Group earnings at the break-even point. Contact details: Investor Relations United Labels AG Gildenstraße 6 48157 MÜnster Tel.: +49 (0) 251-3221-406 Fax: +40 (0) 251-3221-960 investorrelations@unitedlabels.com18.08.2014 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 Labels AG Gildenstr. 6 48157 MÜnster Germany Phone: +49 (0)25 132 21-0 Fax: +49 (0)25 132 21-999 E-mail: investorrelations@unitedlabels.com Internet: www.unitedlabels.com ISIN: DE0005489561 WKN: 548956 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, DÜsseldorf, Hamburg, MÜnchen, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------


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Source: DGAP Ad Hoc Disclosures


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