United Labels AG

Earnings Release • Nov 13, 2003

News Details

Ad-hoc | 13 November 2003 09:29

United Labels AG english

UNITEDLABELS with good third quarter Ad-hoc-announcement processed and transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– WKN (Sec. Id. No.): 548956, Ticker Symbol: ULC UNITEDLABELS with good third quarter – Revenues increase by 8.5% year on year – Positive EBIT for third quarter and for first 9 months – Orders in hand up by 22.8% to EUR 9.7 million (Münster, 13 Nov. 2003) – UNITEDLABELS AG (DE 0005489561), Europe’s leading enterprise for comicware sold under licence, generated third-quarter revenues of EUR 10.5 million (Q3 2002: EUR 7.4 million), thus achieving sales growth of 41.9%. This was accomplished despite the continuing difficulties experienced by the retail sector as a whole. In the third quarter, profit from ordinary activities amounted to EUR 237 thousand. Earnings before interest and taxes (EBIT) was EUR 348 thousand, while net profit for the quarter stood at EUR 228 thousand. As a result, revenues generated in the first three quarters of 2003 increased by 8.5% year on year to EUR 25.3 million. EBIT for this period stands at EUR 99 thousand (same period last year: EUR 60 thousand). The net loss for the first nine months was reduced from EUR 451 thousand to EUR 224 thousand (same period last year: EUR 310 thousand). In view of the 22.8% increase in the volume of orders in hand, which are currently worth EUR 9.7 million (same period last year: EUR 7.9 million) as well as the favourable progression of business in the preceding quarters, UNITEDLABELS AG is expected to continue to perform positively in the coming quarters. For further information, please visit http://www.unitedlabels.com or contact the following member of staff: UNITEDLABELS AG Katarina Orlovic (IR/PR) Gildenstr. 6 D – 48157 Münster Tel.: +49 (0) 251-3221-406 Fax: +49 (0) 251-3221-960 korlovic@unitedlabels.com end of ad-hoc-announcement (c)DGAP 13.11.2003 Issuer’s information/explanatory remarks concerning this ad-hoc-announcement: UNITEDLABELS with good third quarter – Revenues increase by 8.5% year on year – Positive EBIT for third quarter and for first 9 months – Orders in hand up by 22.8% to EUR 9.7 million (Münster, 13 Nov. 2003) – UNITEDLABELS AG (DE 0005489561), Europe’s leading enterprise for comicware sold under licence, generated third-quarter revenues of EUR 10.5 million (Q3 2002: EUR 7.4 million), thus achieving sales growth of 41.9%. This was accomplished despite the continuing difficulties experienced by the retail sector as a whole. In the third quarter, profit from ordinary activities amounted to EUR 237 thousand. Earnings before interest and taxes (EBIT) was EUR 348 thousand, while net profit for the quarter stood at EUR 228 thousand. As a result, revenues generated in the first three quarters of 2003 increased by 8.5% year on year to EUR 25.3 million. EBIT for this period stands at EUR 99 thousand (same period last year: EUR 60 thousand). The net loss for the first nine months was reduced from EUR 451 thousand to EUR 224 thousand (same period last year: EUR 310 thousand). In view of the 22.8% increase in the volume of orders in hand, which are currently worth EUR 9.7 million (same period last year: EUR 7.9 million) as well as the favourable progression of business in the preceding quarters, UNITEDLABELS AG is expected to continue to perform positively in the coming quarters. “Best Of” takes world by storm Mickey Mouse has achieved cult status. So has Snoopy. Working in close cooperation with sieger-design, Sassenberg/Germany, UNITEDLABELS has succeeded in combining modern design with cult to create a unique chinaware range marketed under the premium brands “Best of Mickey” and “Best of Snoopy”. The new brands were also showcased at major international designer trade fairs abroad – with great success. Exceeding company expectations, UNITEDLABELS attracted sales partners in a number of countries, including Belgium, Luxembourg, France, Austria, Spain, China, Denmark, Italy, and Finland. Moreover, the company intends to open its own “Best of Shop” in Asia in association with a partner enterprise. “The consumer climate in Europe is particularly harsh at the moment. Therefore, it is only natural for us to seize the opportunities presented by booming markets in Asia, with the express purpose of capturing additional sales potential,” said Peter M. Boder, CEO of UNITEDLABELS AG. “Best Of” will also be rolled out in the company’s domestic market of Germany – in time for Christmas. Trade fair season completed with success UNITEDLABELS has also had an extremely successful time at trade fairs and exhibitions. The past months have shown that sustained recovery within the retail sector is likely in the near future. Specific segments of the market have already registered growing demand. “Our success at trade fairs clearly signals a more buoyant demand for comicware,” said a delighted Peter M. Boder. UNITEDLABELS AG is Europe’s leading specialist for comicware sold under licence. The licensing partners working in cooperation with the independent media company include global players from the world of media and entertainment, such as Disney, AOL-Time/Warner, and 20th Century Fox. UNITEDLABELS is able to reach all age groups within the European market of licensed products, thanks to its successful portfolio of well-established classics, such as Snoopy, Mickey Mouse, the Looney Tunes or Sesame Street, and popular stars like The Simpsons and Bob the Builder. UNITEDLABELS has already established the most comprehensive sales network in Europe, reaching over 370 million consumers with the help of more than 3,700 retail partners and approx. 17,600 outlets in over 15 European countries. For further information, photographs and logos, as well as the interim report, please visit http://www.unitedlabels.com or contact the following member of staff: UNITEDLABELS AG Katarina Orlovic (IR/PR) Gildenstr. 6 D-48157 Münster Tel.: 0251-3221-406 Fax: 0251-3221-960 E-mail: korlovic@unitedlabels.com ——————————————————————————– WKN: 548956; ISIN: DE0005489561; Index: Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart 130929 Nov 03