DGAP-Ad hoc: United Labels AG

DGAP-Adhoc: United Labels AG: Sustained upturn in business

United Labels AG / Key word(s): 9-month figures/Quarterly / Interim Statement

02.11.2016 10:22

Disclosure of an inside information according to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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- Consolidated revenue grows by 8.1% - Positive earnings before interest and taxes (EBIT) - Earnings in Special Retail segment almost doubled Münster, 2 November 2016. United Labels AG (ISIN: DE 0005489561, WKN: 548956) recorded Group revenue of EUR24.1 million in the first nine months of 2016. This corresponds to year-on-year growth of 8.1% (prev. year: EUR22.3 million). The Group managed to lift revenue in both the Key Account segment (+4.1%) and the Special Retail segment (+12.0%). Earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted to EUR0.7 million, which was more than double the figure posted for the same period a year ago (prev. year: EUR0.2 million). Earnings before interest and taxes (EBIT) rose to EUR0.2 million (prev. year: EUR-0.4 million). Post-tax earnings for the Group improved to EUR-0.7 million (prev. year: EUR-1.2 million).

The Special Retail segment in particular saw segment earnings increase almost twofold from EUR452k a year ago to EUR802k in the period under review. Forward momentum within this area was supported by the positive performance of the company's Spanish airport shops and the internet platform Elfen.de.

Sales of the new and exclusive Diddle range of merchandise commenced as planned in the fourth quarter of 2016. In the first three weeks, more than 170 new specialty retailers were added to the company's customer base, which was well above expectations. For the annual period as a whole, the company now anticipates year-on-year revenue growth of between 2% and 10% as well as positive EBIT of between EUR0.2 million and EUR0.7 million.

The report issued by United Labels AG for the first nine months of 2016 can be downloaded from the company's website in the coming days: http://www.unitedlabels.com/investor-relations/finanzberichte

02.11.2016 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 End of Announcement DGAP News-Service ---------------------------------------------------------------------------