Earnings Release • Aug 10, 2010
Earnings Release
Open in ViewerOpens in native device viewer
News Details
Ad-hoc | 10 August 2010 08:53
United Labels AG: Revenue and earnings up significantly after first six months
United Labels AG / Half Year Results
10.08.2010 08:53
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Ad hoc announcement by United Labels AG
dated 10 August 2010
ISIN: DE 0005489561, WKN: 548956, Ticker: ULC
United Labels AG: Revenue and earnings up significantly after first six
months
Münster, 10/08/10 - United Labels AG (ISIN: DE 0005489561), a specialist in
comicware sold under licence, achieved revenue growth of 20.7% at Group
level in the first half of 2010, taking the total to EUR20.3 Mio. (prev.
year: EUR16.8 million). Thus, EBIT rose to EUR0.4 million (prev. year:
EUR-1.5 million).
The considerable increase in revenue was attributable primarily to the
Group's non-domestic companies. While revenue rose almost fourfold in
Italy, it edged up by more than half in Spain and by around 38% in Belgium.
As was the case in the first three months of 2010, the company's new
marketing and growth concepts contributed to a record order backlog of
EUR28.2 million. Revenue already generated together with order backlog for
the current financial year are in excess of EUR48 million. This figure is
already approx. 20% higher than annual Group revenue for the entire 2009
financial year.
The new textile and apparel collections have met with strong demand among
retail chains. What is more, this product category offers significant
potential, as a result of which the company anticipates a steady stream of
follow-up orders.
The Group also secured additional highly promising orders in Eastern
Europe, which will contribute to improved revenue and earnings towards the
end of the year in particular.
In total, four new airport stores are scheduled to open during the
remainder of this year. Thus, from autumn onwards United Labels will be
operating with ten shops at five different locations.
For further information, please visit www.unitedlabels.com or contact the
following member of staff:
United Labels AG
Timo Koch
Corporate Communication
Gildenstr. 6
D - 48157 Münster
Tel.: +49 (0) 251-3221-406
Fax: +49 (0) 251-3221-960
Mobile: +49 (0) 170-5 62 88 65
[email protected]
10.08.2010 Ad hoc announcement, Financial News and Press Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: United Labels AG
Gildenstr. 6
48157 Münster
Deutschland
Phone: +49 (0)25 132 21-0
Fax: +49 (0)25 132 21-999
E-mail: [email protected]
Internet: www.unitedlabels.com
ISIN: DE0005489561
WKN: 548956
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Hamburg, München, Düsseldorf, Berlin, Stuttgart
End of News DGAP News-Service
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.