Ad-hoc | 13 November 2003 09:29
United Labels AG
english
UNITEDLABELS with good third quarter
Ad-hoc-announcement processed and transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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WKN (Sec. Id. No.): 548956, Ticker Symbol: ULC
UNITEDLABELS with good third quarter
– Revenues increase by 8.5% year on year
– Positive EBIT for third quarter and for first 9 months
– Orders in hand up by 22.8% to EUR 9.7 million
(Münster, 13 Nov. 2003) – UNITEDLABELS AG (DE 0005489561), Europe’s leading
enterprise for comicware sold under licence, generated third-quarter revenues
of EUR 10.5 million (Q3 2002: EUR 7.4 million), thus achieving sales growth of
41.9%.
This was accomplished despite the continuing difficulties experienced by the
retail sector as a whole. In the third quarter, profit from ordinary activities
amounted to EUR 237 thousand. Earnings before interest and taxes (EBIT) was EUR
348 thousand, while net profit for the quarter stood at EUR 228 thousand.
As a result, revenues generated in the first three quarters of 2003 increased
by 8.5% year on year to EUR 25.3 million. EBIT for this period stands at EUR 99
thousand (same period last year: EUR 60 thousand). The net loss for the first
nine months was reduced from EUR 451 thousand to EUR 224 thousand (same period
last year: EUR 310 thousand).
In view of the 22.8% increase in the volume of orders in hand, which are
currently worth EUR 9.7 million (same period last year: EUR 7.9 million) as
well as the favourable progression of business in the preceding quarters,
UNITEDLABELS AG is expected to continue to perform positively in the coming
quarters.
For further information, please visit http://www.unitedlabels.com or contact the
following member of staff:
UNITEDLABELS AG
Katarina Orlovic (IR/PR)
Gildenstr. 6
D – 48157 Münster
Tel.: +49 (0) 251-3221-406
Fax: +49 (0) 251-3221-960
korlovic@unitedlabels.com
end of ad-hoc-announcement (c)DGAP 13.11.2003
Issuer’s information/explanatory remarks concerning this ad-hoc-announcement:
UNITEDLABELS with good third quarter
– Revenues increase by 8.5% year on year
– Positive EBIT for third quarter and for first 9 months
– Orders in hand up by 22.8% to EUR 9.7 million
(Münster, 13 Nov. 2003) – UNITEDLABELS AG (DE 0005489561), Europe’s leading
enterprise for comicware sold under licence, generated third-quarter revenues
of EUR 10.5 million (Q3 2002: EUR 7.4 million), thus achieving sales growth of
41.9%.
This was accomplished despite the continuing difficulties experienced by the
retail sector as a whole. In the third quarter, profit from ordinary activities
amounted to EUR 237 thousand. Earnings before interest and taxes (EBIT) was EUR
348 thousand, while net profit for the quarter stood at EUR 228 thousand.
As a result, revenues generated in the first three quarters of 2003 increased
by 8.5% year on year to EUR 25.3 million. EBIT for this period stands at EUR 99
thousand (same period last year: EUR 60 thousand). The net loss for the first
nine months was reduced from EUR 451 thousand to EUR 224 thousand (same period
last year: EUR 310 thousand).
In view of the 22.8% increase in the volume of orders in hand, which are
currently worth EUR 9.7 million (same period last year: EUR 7.9 million) as
well as the favourable progression of business in the preceding quarters,
UNITEDLABELS AG is expected to continue to perform positively in the coming
quarters.
“Best Of” takes world by storm
Mickey Mouse has achieved cult status. So has Snoopy. Working in close
cooperation with sieger-design, Sassenberg/Germany, UNITEDLABELS has succeeded
in combining modern design with cult to create a unique chinaware range
marketed under the premium brands “Best of Mickey” and “Best of Snoopy”. The
new brands were also showcased at major international designer trade fairs
abroad – with great success. Exceeding company expectations, UNITEDLABELS
attracted sales partners in a number of countries, including Belgium,
Luxembourg, France, Austria, Spain, China, Denmark, Italy, and Finland.
Moreover, the company intends to open its own “Best of Shop” in Asia in
association with a partner enterprise. “The consumer climate in Europe is
particularly harsh at the moment. Therefore, it is only natural for us to seize
the opportunities presented by booming markets in Asia, with the express
purpose of capturing additional sales potential,” said Peter M. Boder, CEO of
UNITEDLABELS AG. “Best Of” will also be rolled out in the company’s domestic
market of Germany – in time for Christmas.
Trade fair season completed with success
UNITEDLABELS has also had an extremely successful time at trade fairs and
exhibitions. The past months have shown that sustained recovery within the
retail sector is likely in the near future. Specific segments of the market
have already registered growing demand. “Our success at trade fairs clearly
signals a more buoyant demand for comicware,” said a delighted Peter M. Boder.
UNITEDLABELS AG is Europe’s leading specialist for comicware sold under
licence. The licensing partners working in cooperation with the independent
media company include global players from the world of media and entertainment,
such as Disney, AOL-Time/Warner, and 20th Century Fox. UNITEDLABELS is able to
reach all age groups within the European market of licensed products, thanks to
its successful portfolio of well-established classics, such as Snoopy, Mickey
Mouse, the Looney Tunes or Sesame Street, and popular stars like The Simpsons
and Bob the Builder.
UNITEDLABELS has already established the most comprehensive sales network in
Europe, reaching over 370 million consumers with the help of more than 3,700
retail partners and approx. 17,600 outlets in over 15 European countries.
For further information, photographs and logos, as well as the interim report,
please visit http://www.unitedlabels.com or contact the following member of
staff:
UNITEDLABELS AG
Katarina Orlovic (IR/PR)
Gildenstr. 6
D-48157 Münster
Tel.: 0251-3221-406
Fax: 0251-3221-960
E-mail: korlovic@unitedlabels.com
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WKN: 548956; ISIN: DE0005489561; Index:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart
130929 Nov 03