United Labels AG

Earnings Release • Aug 14, 2001

News Details

Ad-hoc | 14 August 2001 07:30

United Labels AG english

Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Ad hoc disclosure of UNITEDLABELS AG dated August 14, 2001 Sec. Id. No. (WKN): 548956, Ticker Symbol: ULC UNITEDLABELS AG records further revenue increase in first half of 2001 . Revenue increase of 61% to Euro 14.9m . Net loss marginally improved to Euro -1.1m (previous year: Euro -1.4m) . Record level of orders in hand worth Euro 7.5m (Münster, 14 August 2001) – In the first half of 2001, UNITEDLABELS AG, specialist for comicware, achieved a year-on-year revenue increase of 61%, taking the figure to Euro 14.9 million (previous year: Euro 9.3m). In the second quarter alone the company saw a 66% increase in sales. The net loss has been reduced marginally, down from Euro -1.4 million in the first half of 2000 to Euro -1.1 million in first half of 2001. The loss is attributable to the seasonal fluctuations affecting UNITEDLABELS AG’s business model, which resulted in a deficient cover of fixed costs from delivery of initial orders to large European key accounts. As a result, earnings before interest and taxes amounted to Euro -1.6 million, and income before taxes at Euro -1.5 million. Cash flow amounted to Euro -0.5 million (previous year: Euro -1.1 million), which represents an improvement of 54% year on year. The second quarter of UNITEDLABELS AG was characterised by a record level of incoming orders, particularly within the key account segment. For the period under review, UNITEDLABELS AG had orders worth Euro 7.5 million (previous year: Euro 2.2 million), which equates to a growth rate of 241%. For further information, please visit http://www.unitedlabels.com or contact the following members of staff: Albrecht Hanusch (CFO) Katarina Orlovic (IR) Gildenstr. 6 Gildenstr. 6 D – 48157 Münster D – 48157 Münster Tel.: +49 (0)251-3221-400 FAX: -900 Tel.: +49 (0) 251-3221-406 FAX: -960 ahanusch@unitedlabels.com korlovic@unitedlabels.com end of ad hoc announcement (c) DGAP 14.08.2001 ——————————————————————————– WKN: 548956; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Stuttgart, München, Berlin, Bremen, Hamburg, Düsseldorf und Hannover 140730 Aug 01