DGAP-Adhoc: United Labels AG: Sustained growth in profit

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.