11.03.2014 United Labels AG  DE0005489561

DGAP-Adhoc: United Labels AG: Optimisation of business model shows positive impact on 2013 financial year


 
United Labels AG / Key word(s): Preliminary Results/Final Results 11.03.2014 11:16 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. --------------------------------------------------------------------------- - Group sales at EUR33.2 million - Successful restructuring and cost streamlining programme - Order backlog 9% up on previous year Münster, 11.03.2014. Based on preliminary figures, United Labels AG (ISIN: DE 0005489561, WKN: 548956) generated consolidated sales revenue of EUR33.2 million (prev. year: EUR43.1 million) in the 2013 financial year. The Group's latest sales performance is the result of a conscious decision by the company to focus on core areas of business associated with higher contribution margins and a consistent policy of forgoing low-margin contracts and customer segments. The gross profit margin rose to 23% in the 2013 financial year (prev. year: 14%). Sales revenue was divided between the Special Retail segment (EUR12.6 million) and the Key Account segment (EUR20.6 million). As in the previous year, net cash from operating activities was in positive territory at EUR3.3 million in 2013. The consolidated loss amounted to EUR0.8 million, a significant improvement on the loss of EUR18.7 million posted a year ago. Having accounted for deferred taxes, the separate financial statements of United Labels AG again showed a positive bottom-line result, with a profit totalling EUR1.0 million. This performance illustrates the desired impact of the Group's ongoing streamlining programme and measures to optimise all areas of business. Looking ahead to the current financial year, the manufacturer of comicware saw its order backlog increase by 9% year on year to EUR7.4 million (prev. year: EUR6.8 million), which provides a solid foundation for 2014. The full annual financial statements and additional details will be issued by the end of March on publication of the annual report. Contact details: United Labels AG Gildenstraße 6 48157 Münster Tel.: +49 (0) 251-3221-406 Fax: +40 (0) 251-3221-960 [email protected] 11.03.2014 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 ---------------------------------------------------------------------------