18.08.2014
United Labels AG DE0005489561
DGAP-Adhoc: United Labels AG: Forward momentum sustained in first half of 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.
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- 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
[email protected]
18.08.2014 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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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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