DGAP-Adhoc: United Labels AG: Sustained upturn in business

- Consolidated revenue grows by 8.1%
- Positive earnings before interest and taxes (EBIT) - Earnings in Special Retail segment almost doubled

Münster, 2 November 2016. United Labels AG (ISIN: DE 0005489561, WKN: 548956) recorded Group revenue of EUR24.1 million in the first nine months of 2016. This corresponds to year-on-year growth of 8.1% (prev. year: EUR22.3 million). The Group managed to lift revenue in both the Key Account segment (+4.1%) and the Special Retail segment (+12.0%).

Earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted to EUR0.7 million, which was more than double the figure posted for the same period a year ago (prev. year: EUR0.2 million). Earnings before interest and taxes (EBIT) rose to EUR0.2 million (prev. year: EUR-0.4 million). Post-tax earnings for the Group improved to EUR-0.7 million (prev. year: EUR-1.2 million).

The Special Retail segment in particular saw segment earnings increase almost twofold from EUR452k a year ago to EUR802k in the period under review. Forward momentum within this area was supported by the positive performance of the company's Spanish airport shops and the internet platform Elfen.de.

Sales of the new and exclusive Diddle range of merchandise commenced as planned in the fourth quarter of 2016. In the first three weeks, more than 170 new specialty retailers were added to the company's customer base, which was well above expectations.

For the annual period as a whole, the company now anticipates year-on-year revenue growth of between 2% and 10% as well as positive EBIT of between EUR0.2 million and EUR0.7 million.

The report issued by United Labels AG for the first nine months of 2016 can be downloaded from the company's website in the coming days: http://www.unitedlabels.com/investor-relations/finanzberichte