United Labels AG / Key word(s): Final Results/Dividend
02.03.2011 08:45
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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Ad hoc announcement by United Labels AG
dated 2 March 2011
ISIN: DE 0005489561, WKN: 548956, Ticker: ULC
Preliminary Annual Results 2010
United Labels AG announces record sales for 2010 financial year
â Group revenue up 46% to EUR 58.7 million
â Consolidated profit rises to EUR 1.1 million
â Management Board proposes dividend of EUR 0.15 per share
Münster, 2 March 2011 - United Labels AG (ISIN: DE 0005489561), a company
specialising in comicware merchandise sold under licence, has completed
fiscal 2010 with record sales. Group revenue rose by 46% to EUR 58.7
million (prev. year: EUR 40.3 million). Consolidated profit increased to
EUR 1.1 million. Correspondingly, earnings per share rose to EUR 0.26.
Growth was driven by a strong performance in both the Special Retail and
the Key Account segment.
Revenue generated from sales within the Key Account segment rose by 40%
Europe-wide to EUR 40.6 million as a result of new textile and clothing
ranges featuring licensed cartoon characters.
Revenue within the Special Retail segment increased by 61% to EUR 18.1
million (prev. year: EUR 11.3 million). Among the growth drivers were the
southern European countries with the licence themes 'Patito Feo' and
'SpongeBob SquarePants'.
The company's key subsidiaries also developed well, with consolidated
revenue rising by 85% to EUR 19.4 million in Spain and by 59% to EUR 6.7
million in Belgium. In France, growth stood at 19%, while Italy recorded a
gain of 135%.
In Germany, consolidated revenue increased by 26% to EUR 23.1 million.
Over the course of the financial year just ended, the company opened a
total of six new airport shops at sites in Malaga, Hamburg, Barcelona and
Düsseldorf. Thus, the company now operates ten stores at four locations in
Spain and Germany.
On the basis of the Group's annual performance, the Management Board
proposes a dividend payment of EUR 0.15 per share.
Year-end order backlog was also encouraging, up 146% to EUR 23.5 million
(prev. year: EUR 9.6 million).
The company plans to expand sales revenue further over the course of fiscal
2011, in addition to achieving a sustained increase in earnings. Within
this context, it will be focusing on the areas of growth identified in
terms of textiles, eastern and northern Europe as well as company-operated
airport shops.
The audited annual financial statements of United Labels AG will be
presented at the Financial Statements Press Conference on 23 March 2011.
For further information, please visit www.unitedlabels.com or contact the
following member of staff:
United Labels AG
Holger Pentz
Gildenstr. 6, D - 48157 Münster
Phone: +49 (0) 251-3221-406, Fax: +49 (0) 251-3221-960
hpentz@unitedlabels.com
02.03.2011 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
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, Düsseldorf, Hamburg, München, Stuttgart
End of Announcement DGAP News-Service
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DGAP-Adhoc: United Labels AG announces record sales for 2010 financial year
| Source: EQS Group AG