11.03.2014
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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.
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- 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
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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
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