United Labels maintains dynamic revenue growth

Ad hoc announcement by United Labels AG

dated 12 May 2011

ISIN: DE 0005489561, WKN: 548956, Ticker: ULC


United Labels maintains dynamic revenue growth

  • Quarterly revenue up 38% to EUR 13.9 million

  • Order backlog grows by 56% to EUR 28.0 million

  • Quarterly EBIT down on last year

 

Münster, 12 May 2011 – United Labels AG (ISIN: DE 0005489561), a company specialising in comicware sold under licence, generated consolidated revenue of EUR 13.9 million in the first quarter of 2011 (prev. year: EUR 10.1 million). EBIT for the same period amounted to EUR -0.5 million (prev. year: EUR 0.3 million). At 31 March, order backlog had increased by 56% to EUR 28.0 million (prev. year: EUR 17.9 million).

Revenue growth was most pronounced in Germany, Spain, Belgium and France. In particular, the Group recorded growth in the proportion of revenue generated from sales to key account customers, as a result of which its profit margin and total earnings were down on last year's figures. Owing to the seasonal focal points of its sales activities and the order backlog already generated, the company remains confident that its profit margin for the annual period as a whole will be comparable to that achieved in the previous year.

 

As regards the company-run airport stores, two new shops are to be opened during the current year at Madrid Airport. United Labels currently operates ten shops at five European locations.

 

United Labels AG will be holding its 11th Annual General Meeting of Shareholders in Münster on 24 May 2011. The Management Board has put forward a proposal for a dividend payment of EUR 0.15 per share.

 

For further information, please visit www.unitedlabels.com or contact the following member of staff:

 

United Labels AG

- Investor Relations -

Holger Pentz

Gildenstr. 6, D – 48157 Münster

Tel.: +49 (0) 251-3221-406, Fax: +49 (0) 251-3221-960

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