United Labels AG

Earnings Release • Mar 16, 2005

News Details

Ad-hoc | 16 March 2005 07:48

UNITEDLABELS confirms positive results for 2004

Ad hoc announcement §15 WpHG Final Year end results UNITEDLABELS confirms positive results for 2004 Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— Ad hoc announcement by UNITEDLABELS AG in accordance with Section 15 WpHG – March 16, 2005 Segment: Retail, WKN: 548956, Ticker Symbol: ULC UNITEDLABELS confirms positive results for 2004 – Revenue increased by 8.4% to EUR 39.2 million – All operational subsidiaries with above-par results – Subsidiary established in Italy (Münster, March 16, 2005) – UNITEDLABELS AG (DE 0005489561), a company specialising in comicware sold under licence, has confirmed its financial results presented on February 16. Consolidated revenues increased by 8.4% to EUR 39.2 million (FY 2003: EUR 36.2 million), while EBIT rose to EUR 1.5 million (FY 2003: loss before interest and taxes of EUR 0.4 million). Consolidated net profit for FY 2004 amounted to EUR 0.8 (FY 2003: loss of EUR 1.0 million). This corresponds to an EPS of EUR 0.20 (FY 2003: loss of EUR 0.26). Cash flow from operating activities increased from EUR 0.8 million to EUR 1.2 million in FY 2004. Cash and bank deposits rose by EUR 1.2 million to EUR 3.7 million (FY 2003: EUR 2.5 million). Inventories were scaled back from EUR 9.1 million in 2003 to EUR 7.8 million at the end of FY 2004, a reduction of EUR 1.3 million. The equity ratio stood at 69.3% (FY 2003: 71.3%). All four operational subsidiaries in Spain, France, Belgium and Hong Kong recorded above-par results. At EUR 0.2 million, the separate result posted by UNITEDLABELS AG was also above par (FY 2003: minus EUR 0.6 million). The high volume of incoming orders in the final months of FY 2004 resulted in a substantial order backlog of EUR 12.1 million (FY 2003: EUR 9.0 million) at the balance sheet date. In March 2005, the Company established UNITEDLABELS Italia as a sales enterprise, with the express purpose of expanding its international business. After the UK and Germany, Italy is one of the largest European markets for products sold under licence. The audited financial statements for the financial year just ended will be published today as part of the annual results press conference held in Münster. For further information, please visit http://www.unitedlabels.com or contact the following member of staff: UNITEDLABELS AG Holger Pentz D – 48157 Münster, Gildenstr. 6 Tel.: +49 (0) 251-3221-405 Fax: +49 (0) 251-3221-965 hpentz@unitedlabels.com homepage : http://www.unitedlabels.com United Labels AG Gildenstr. 6 48157 Münster Deutschland ISIN: DE0005489561 WKN: 548956 Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart End of ad hoc announcement (c)DGAP 16.03.2005 160748 Mär 05