12.05.2014
United Labels AG DE0005489561
DGAP-Adhoc: United Labels AG: United Labels AG with significant growth in first quarter of 2014
United Labels AG / Key word(s): Interim Report/Quarter Results
12.05.2014 13:03
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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- Consolidated revenue grows by 17%
- Quarterly earnings on target
- Order backlog up 66% year on year
Münster, 12 May 2014. United Labels AG (ISIN: DE 0005489561, WKN: 548956)
managed to lift its consolidated revenue by 17% year on year in the first
quarter of 2014, taking the figure to EUR6.6 million (prev. year: EUR5.7
million).
Order backlog was up by as much as 66% at EUR10.6 million. At the end of
the reporting period, order backlog for all the subsequent quarters of the
current financial year was up on last year's figure. Thus, at the beginning
of the current 2014 financial year, United Labels AG managed to return to
its pattern of growth.
Both of the company's segments contributed to revenue growth. While the Key
Account segment expanded by 11%, revenue generated from sales within the
Special Retail segment increased by as much as 29%.
The sales performance of the key entities within the Group was also in
positive territory. Revenue growth was particularly strong for the
company's subsidiary in Spain at +25%, the parent company in Germany at
+19% and the B2C e-commerce specialist Elfen Service GmbH at +108%.
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.
The number of airport shops - in Barcelona, Madrid and Düsseldorf -
remained unchanged at six. Here, too, the Group succeeded in lifting its
revenue compared to the previous year.
These measures continue to be underpinned by a policy of strict cost
management as part of the business reengineering programme that is aimed at
improving profitability at Group level.
At EUR-351 thousand (prev. year: EUR-144 thousand), EBIT was within the
range expected for the first quarter.
Operating from this favourable platform for 2014, the Management Board
plans to increase total revenue by 10 to 20% in the current financial year.
The quarterly report of United Labels AG can be downloaded from the
following site:
http://www.unitedlabels.com/investor-relations/finanzberichte
Contact details:
United Labels AG
Gildenstraße 6
48157 Münster
Tel.: +49 (0) 251-3221-0
Fax: +40 (0) 251-3221-960
[email protected]
12.05.2014 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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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: [email protected]
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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Medien (Dienstleistungen) , 548956 , ULC , XETR:ULC