DGAP-Adhoc: United Labels AG: Revenue growth buoyed by Key Account business

United Labels AG  / Key word(s): Half Year Results/Half Year Results

11.08.2011 08:49

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United Labels AG: Revenue growth buoyed by Key Account business
 
  - Sales revenue up 46% to EUR 29.6 million in first half
  - Second-quarter EBIT stands at EUR 0.6 million
  - Textiles business generates strong growth 

Münster, 11 August 2011 - United Labels AG (ISIN: DE 0005489561), one of
Europe's leading producers and suppliers of comicware merchandise sold
under licence, has maintained last year's forward momentum by generating
significant revenue growth in the first half of 2011. Group revenue surged
by 46% year on year to EUR 29.6 million after the first six months of 2011
(prev. year: EUR 20.3 million). In the second quarter of 2011 alone, the
Group saw its sales revenue expand by 54% to EUR 15.7 million (prev. year:
EUR 10.2 million).

As a result, earnings before interest and taxes (EBIT) totalled EUR 0.1
million in the first half of 2011 (prev. year: EUR 0.4 million). At EUR 0.6
million (prev. year: EUR 0.2 million), EBIT for the second quarter of 2011
was significantly higher than in the same period a year ago. The Group's
EBIT margin remained unchanged year on year at 31.6%.

United Labels AG's dynamic growth was driven in particular by the success
of its Key Account textiles business in Germany.  The German parent
company, for instance, managed to propel its sales revenue by 121% to EUR
16.4 million (prev. year: EUR 7.4 million). Colombine, the Belgian
subsidiary, also achieved substantial growth, expanding its sales revenue
by 38% to EUR 2.7 million (prev. year: EUR 1.9 million).

At the end of the reporting period, order backlog for the current 2011
financial year stood at EUR 19.9 million. Net cash from operating
activities rose to EUR 1.9 million (prev. year: EUR 1.0 million).

United Labels AG is extending its business in the area of airport shops and
intends to open two new stores at Madrid Airport in autumn 2011.

The full United Labels AG report for the first half 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
Phone: +49 (0) 251-3221-406
Fax: +40 (0) 251-3221-960
investorrelations@unitedlabels.com 


11.08.2011 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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