United Labels AG

Earnings Release • May 10, 2010

News Details

Ad-hoc | 10 May 2010 18:50

United Labels AG: United Labels AG’s revenue and earnings grow during the first quarter

United Labels AG / Quarter Results

10.05.2010 18:50

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The issuer is solely responsible for the content of this announcement.

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Ad hoc announcement by United Labels AG
dated 10 May 2010
ISIN: DE 0005489561, WKN: 548956
Ticker: ULC

United Labels AG's revenue and earnings grow during the first quarter

• Consolidated revenue increases by 16.1% to EUR10.1 million
• Operating result increases to EUR0.3 million
• Order backlog at record levels

Münster, 10 May 2010 - United Labels AG (ISIN: DE 0005489561), a company
specialising in comicware sold under licence, achieved an increase in
consolidated revenue of 16.1% to EUR10.1 million (previous year: EUR8.7
million). At the same time, its operating result (EBIT) increased to EUR0.3
million over the previous year's negative result of EUR-0.5 million.

Growth in revenue was attributable mainly to positive business performance
at the company's foreign subsidiaries, with revenue growing particularly
strongly in Spain, Italy and Belgium. While revenue increased more than
threefold in Italy, it doubled in Belgium and grew by 30% in Spain.
In addition, the measures introduced last year with regard to new marketing
and growth programmes led to a record order backlog of EUR17.9 million. The
particularly high level of order intake in the first three months continued
beyond the end of the first quarter.

Business in Eastern Europe developed well due to the acquisition of new
customers, thus contributing to growth in revenue. This year, a
double-digit increase in revenue is expected for the region.
Having launched new textiles and clothing collections, United Labels went
on the offensive last year, which led to significant revenue increases in
the first quarter of 2010.
The company opened new airport stores at the beginning of the year in
Hamburg and Malaga and has received permission to open two another shops in
Barcelona, which means that by the middle of the year United Labels will be
operating eight stores at five different locations.

United Labels AG will be hosting its 10th Annual General Meeting in Münster
on 19 May 2010.

For further information, please visit http://www.unitedlabels.com or
contact the following member of staff:

United Labels AG
Timo Koch
Corporate Communications
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
E-mail: tkoch@unitedlabels.com

10.05.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de

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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: investorrelations@unitedlabels.com
Internet: www.unitedlabels.com
ISIN: DE0005489561
WKN: 548956
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart, Hamburg

End of News DGAP News-Service

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