United Labels AG / Key word(s): Half Year Results/Half Year Results 08.08.2013 08:35 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Ad hoc announcement by United Labels AG dated 8 August 2013 ISIN: DE 0005489561, WKN: 548956, Ticker Symbol: ULC United Labels on target with first-half performance - Group sales at EUR 13.9 million. - Operating result up year on year to -EUR 0.1 million - United Labels subsidiary in Spain with marked improvement in earnings Münster, 8 Aug. 2013 - Group sales generated by United Labels AG (ISIN: DE 0005489561, WKN: 548956) in the first half of 2013 amounted to EUR 13.9 million (prev. year: EUR 25.0 million). At -EUR 0,1 million, consolidated EBIT was at the level targeted by the company and significantly higher than the previous year's figure of -EUR 8.4 million, despite the downturn in revenue. The decline in revenue is attributable to the company's focus on more profitable areas of business and the concomitant adjustment of its organisational structures and processes. Earnings within the Special Retail segment improved from -EUR 0.1 million in the first half of 2012 to EUR 0.2 million in 2013. The Special Retail segment includes earnings from the e-commerce activities of recent start-up Elfen Service GmbH as well as profit from the company's airport shops. United Labels also posted positive earnings in its Key Account segment. While this segment had recorded a loss of EUR 5.7 million in the previous year due to exceptional charges, it recorded earnings of EUR 0.4 million in the period under review. This was mainly the result of a conscious decision to focus on products associated with higher profit margins. Defying the crisis in Southern Europe, the subsidiary operated by United Labels AG in Spain generated sales revenue of EUR 6.4 million in the first half of the financial year. Within this context, the company is determined to expand its B2C business by pursuing e-commerce activities and pressing ahead with the platform operated by Elfen Service GmbH. Other areas of potential growth include the company's airport shops, which have already moved beyond the break-even point. In the core fields of business currently operated by the company - the sale of merchandise relating to cartoons/comics within the Special Retail and Key Account segments - future growth will be managed in accordance with the company's policy on profitability and earnings. The report issued by United Labels AG for the first six months of 2013 can be downloaded from the following site: http://www.unitedlabels.com/investor-relations/finanzberichte Contact details: United Labels AG Gildenstraße 6 48157 Münster Tel.: +49 (0) 251-3221-406 Fax: +40 (0) 251-3221-960 [email protected] 08.08.2013 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and 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: [email protected] 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 ---------------------------------------------------------------------------