PTA-Adhoc: United Labels AG: Strong growth in revenues during the first six months

7/20/2021, 1:40 PM (Source: pressetext)
Münster (pta031/20.07.2021/13:40) - 20 July 2021

Public disclosure of inside information according to article 17 MAR

Münster (pta031/20.07.2021/13:40) - 20 July 2021

- Group revenues up by 84% to EUR 10.3 million (prev. year: EUR 5.6 million)
- EBITDA increases to EUR 0.8 million (prev. year: EUR 0.7 million)
- Order backlog rises by 27% to EUR 10.4 million in first six months of 2021

United Labels AG (ISIN: DE 0005489561, WKN: 548956) recorded group revenues of EUR 10.3 million (prev. year: EUR 5.6 million) in the first six months of 2021. This corresponds to revenue growth of 84%.
The expansion in revenues was attributable to an increase in shipments in the second quarter following the resumption of incoming goods processing by several key accounts.

Group earnings before interest, taxes, depreciation and amortisation (EBITDA) rose to EUR 0.8 million (prev. year: EUR 0.7 million), which corresponds to an EBITDA margin of 7.9%. EBIT was up at EUR 0.7 million (prev. year: EUR 0.6 million) and consolidated profit stood at EUR 0.5 million (prev. year: EUR 0.4 million), which corresponds to a return on sales of 4.4%.
Overall, all operating subsidiaries recorded positive bottom-line results for the first six months.

Order backlog was up by 27% at EUR 10.4 million as at 30 June 2021 (prev. year: EUR 8.2 million).
This is attributable to more extensive orders from retail partners in different sales areas. However, the scale of deliveries will depend to a large extent on developments relating to the coronavirus pandemic and the consequences for retail, purchase and transport.

The complete report for the first six months, including further details, will be available in August:
http://www.unitedlabels.com/investor-relations/finanzberichte.

United Labels AG is a stock exchange listed, family-run SME and one of Europe's leading manufacturers of branded goods in the Media/Entertainment segment. As an independent enterprise, it has established business partnerships with the world's key media and entertainment companies as well as with major retailers operating within the chain store, specialist retail, discount and online retail.

Further information:
UNITED LABELS AG - Investor Relations -
Gildenstraße 6, 48157 Münster, Tel.: +49 (0) 251-3221-0, Fax: +49 (0) 251-3221-999
investorrelations@unitedlabels.com

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emitter: United Labels AG
address: Gildenstraße 6, 48157 Münster
country: Germany
contact person: Investor Relations
phone: +49 251 3221-0
e-mail: investorrelations@unitedlabels.com
website: www.unitedlabels.com

ISIN(s): DE0005489561 (share)
stock exchanges: regulated market in Frankfurt; free market in Stuttgart, free market in Munich, free market in Hamburg, free market in Dusseldorf; open market in Berlin, Tradegate

[ source: http://www.pressetext.com/news/20210720031 ]