Ad-hoc: United Labels AG:Report on first nine months of 2018

Ad hoc announcement by United Labels AG dated 23/10/2018
ISIN: DE 0005489561, WKN: 548956, Ticker: ULC

United Labels AG: Report on first nine months

Sustained growth in profit

Münster, 23/10/2018. United Labels AG recorded Group revenue of €20.1 million (prev. year: €22.9 million) in the first nine months of 2018. Earnings before interest, taxes, depreciation and amortisation (EBITDA) totalled €1.8 million (prev. year: €1.8 million). Fuelled by high-margin revenue generated within the Special Retail segment, EBIT rose by 7.7% to €1.4 million (prev. year: €1.3 million).

Consolidated post-tax profit doubled to €0.4 million (prev. year: €0.2 million) in the first nine months of the current financial year.

The Group further expanded the share of revenue generated within the Special Retail segment in Germany, Austria, Switzerland, Spain and Portugal, up from 53.4% of total revenue in the same period a year ago to 60.7% in the first nine months just ended. In Germany, this segment serves existing and new trading partners with merchandise centred around the “Pummel & Friends”, “Ralph Ruthe” and “Snoopy” licences. This was underpinned by buoyant sales of the "TY" brand in Spain and Portugal.

In addition to supplying goods to retail partners via a B2B shop, the Group markets selected product lines to end consumers through the proprietary online stores of Elfen Service GmbH, which continued to record solid growth in both revenue and earnings during the first nine months.

As regards the final quarter of the financial year, the Group is confident of a positive business performance in the upcoming Christmas season. Order backlog at the end of the third quarter was €9.1 million. Additionally, purchase orders attributable to the Special Retail segment are generally processed as soon as they are received and goods are delivered directly from stock.

The report issued by United Labels AG for the first nine months of 2018 can be downloaded from the company's website in the coming weeks:

Further information:
United Labels AG – Investor Relations -
Gildenstraße 6, 48157 Münster, Tel.: +49 (0) 251-3221-0, Fax: +49 (0) 251-3221-960
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