United Labels AG

Earnings Release • Nov 14, 2011

News Details

Ad-hoc | 14 November 2011 10:46

United Labels AG: further revenue growth from expanding Key Account business

United Labels AG / Key word(s): Interim Report

14.11.2011 10:46

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.

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* Group revenue increases by 23.5 per cent to EUR43.7 million in first nine
months
* EBIT at EUR0.4 million
* Expansion of Key Account business

Münster, 14/11/11 - Key Account business has proved to be the principal
driving force behind revenue growth at United Labels AG (ISIN: DE
0005489561). The producer and distributor of cartoon-based merchandise sold
under licence managed to propel Group revenue forward by 23.5 per cent year
on year to EUR43.7 million in the first nine months of 2011 (prev. year:
EUR35.3 million). Earnings before interest and taxes (EBIT) totalled
EUR0.4 million in the first nine months of 2011 (prev. year: EUR0.7
million), while consolidated profit stood at EUR0.0 million (prev. year:
EUR0.1 million).

The year-on-year dip in earnings was attributable to lower margins achieved
in the Key Account segment and a 12 per cent decline in revenue generated
within the high-margin Special Retail segment. In the coming months,
therefore, United Labels AG intends to focus on raising the overall level
of earnings by means of more profitable products and 'special offer'
campaigns in the Key Account segment as well as new licences and
merchandise in the Special Retail segment.

The further growth in revenue achieved by United Labels AG in the first
nine months of 2011 was driven by the company's Key Account business in
Germany. Within this context, the German parent company saw its revenue
surge by 78 per cent year on year to EUR22.6 million in the first nine
months of 2011 (prev. year: EUR12.7 million). The company intensified and
extended its business relations with major retail operators during this
period. For the coming months, too, one of the key priorities for United
Labels AG will be to maintain its forward momentum within the area of Key
Accounts.

The foreign subsidiaries operated by United Labels in France and Belgium
also achieved revenue growth. Compared to the same period a year ago, the
French subsidiary saw its revenue expand by 21 per cent to EUR1.7 million
in the first nine months of 2011. Revenue generated by Colombine, the
United Labels subsidiary in Belgium, increased by 7 per cent to EUR3.6
million.

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Information and Explaination of the Issuer to this News:

The full United Labels AG report for the first nine months of the financial
year can be downloaded here:
http://www.unitedlabels.com/investor-relations/finanzberichte

For further information, please visit www.unitedlabels.com or contact the
following member of staff:
United Labels AG
Thorsten Laumann
Head of Corporate Communication
Gildenstraße 6
48157 Münster
Tel.: +49 (0) 251-3221-406
Fax: +40 (0) 251-3221-960
investorrelations@unitedlabels.com

14.11.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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
Germany
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, Düsseldorf, Hamburg, München, Stuttgart

End of Announcement DGAP News-Service

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