Corporate News: Strong Christmas business ensures sales and earnings growth for the year as a whole

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Corporate News 22.11.2023 United Labels AG
ISIN: DE 0005489561

 

Strong Christmas business ensures sales and earnings growth for the year as a whole

 

Muenster, 22.11.2023. United Labels AG (ISIN: DE 0005489561), one of the leading European brand manufacturers in the media/entertainment sector, expects strong Christmas business in the 2023 financial year and thus to exceed the previous year's results.

 

In the first nine months of the 2023 financial year, consolidated sales of United Labels AG rose to EUR 18.1 million (previous year: EUR 17.9 million). As in the previous year, consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted to EUR 1.2 million. Earnings before interest and taxes (EBIT) remained unchanged at EUR 1.0 million, while consolidated net income for the year was EUR 0.5 million (previous year: EUR 0.7 million), which corresponds to a return on sales of 2.8%.

 

The online business of Elfen Service GmbH developed particularly favourably. Sales here rose by 31% compared to the previous year to EUR 0.9 million.

 

The order backlog as at 30 September 2023 amounted to EUR 11.1 million (previous year: EUR 15.5 million), with numerous customer orders not expected until the fourth quarter compared to previous years.

 

Peter Boder, CEO of United Labels AG, is optimistic: "I am convinced that we have strong Christmas business ahead of us. This is already becoming apparent. I am therefore confident that we will exceed the previous year's sales and earnings figures in 2023 as a whole. Overall, I am very satisfied with the course of business in 2023. I am particularly pleased with the continued upward trend in the online business. Even if the share of sales is still very low, the high-margin business should make a significant contribution to earnings in the coming years."

 

The full 9-month report, including further explanations, will be published in November at: https://www.unitedlabels.com/en/investor-relations/financial-reports

 

About United Labels:

 

United Labels AG is a listed medium-sized family business and is listed in the Prime Standard. With over 40 licence agreements, United Labels develops, produces and distributes clothing, home textiles and gift items with brands such as Paw Patrol, Peppa Pig, Snoopy and Harry Potter. As one of the leading German brand manufacturers in the media/entertainment sector, the independent company's partners include major global media and entertainment companies as well as well-known retail partners from the chain store, specialist retail, discounter and online retail sectors.

 

Contact:

 

UNITED LABELS AG, Gildenstraße 6, 48157 Muenster, phone: +49 (0) 251-3221-0, www.unitedlabels.com

 

Investor Relations & Financial Media:

 

Meister Consulting GmbH, Tobias Meister, phone +49 (0) 2983 908121, mobile +49 (0) 170 2939080, This email address is being protected from spambots. You need JavaScript enabled to view it.