DGAP-Ad-hoc: United Labels AG / Key word(s): Quarterly / Interim Statement
United Labels AG: Sustained growth in profit
23-Oct-2018 / 15:35 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Sustained growth in profit
Group revenue totals EUR20.1 million in first nine months
Consolidated profit for the period doubles to EUR0.4 million
Success with specialist retail merchandise "TY", "Pummel & Friends" and "Snoopy"
Münster, 23/10/2018. United Labels AG recorded Group revenue of EUR20.1 million (prev. year: EUR22.9 million) in the first nine months of 2018. Earnings before interest, taxes, depreciation and amortisation (EBITDA) totalled EUR1.8 million (prev. year: EUR1.8 million). Fuelled by high-margin revenue generated within the Special Retail segment, EBIT rose by 7.7% to EUR1.4 million (prev. year: EUR1.3 million).
Consolidated post-tax profit doubled to EUR0.4 million (prev. year: EUR0.2 million) in the first nine months of the current financial year.
The Group further expanded the share of revenue generated within the Special Retail segment in Germany, Austria, Switzerland, Spain and Portugal, up from 53.4% of total revenue in the same period a year ago to 60.7% in the first nine months just ended. In Germany, this segment serves existing and new trading partners with merchandise centred around the "Pummel & Friends", "Ralph Ruthe" and "Snoopy" licences. This was underpinned by buoyant sales of the "TY" brand in Spain and Portugal.
In addition to supplying goods to retail partners via a B2B shop, the Group markets selected product lines to end consumers through the proprietary online stores of Elfen Service GmbH, which continued to record solid growth in both revenue and earnings during the first nine months.
As regards the final quarter of the financial year, the Group is confident of a positive business performance in the upcoming Christmas season. Order backlog at the end of the third quarter was EUR9.1 million. Additionally, purchase orders attributable to the Special Retail segment are generally processed as soon as they are received and goods are delivered directly from stock.
The report issued by United Labels AG for the first nine months of 2018 can be downloaded from the company's website in the coming weeks: http://www.unitedlabels.com/investor-relations/finanzberichte
Further information:
United Labels AG - Investor Relations -
Gildenstraße 6, 48157 Münster, Tel.: +49 (0) 251-3221-0, Fax: +49 (0) 251-3221-960 investorrelations@unitedlabels.com Diese E-Mail-Adresse ist gegen Spambots geschützt! JavaScript muss aktiviert werden, damit sie angezeigt werden kann.
23-Oct-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
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:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
United Labels AG is a Germany-based company engaged in the development, production and marketing of licensed consumer goods featuring cartoon characters. Its licensors include Peanuts, Warner and 20th Century Fox. The Company divides its activities into two segments: Key Accounts, which focuses on customized contract production, and Special Retail, which offers small-scale retailers a range of goods supplied from stock. Its product categories include: Clothing, such as nightwear, underwear, hosiery and trousers, among others; Gift items, such as mugs, cereal bowls, eggcups and glassware, among others; Soft items, such as soft toys, beanbags, cushions and slippers, among others; Stationery, such as paper, writing pads, pen boxes, desk pads and pencil cases, among others; Bathroom and Household Textiles, such as towels, flannels, tea towels and slippers, among others, as well as Bags and Accessories, such as sports bags, handbags, backpacks and belts among others.