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Mi, 31.03.2021 15:20
pta20210331039
Public disclosure of inside information according to article 17 MAR
United Labels AG: Year-end results for FY 2020
United Labels records jump in earnings despite covid-19 pandemic and positive start of FY 2021
Münster (pta039/31.03.2021/15:20) - 31 March 2021
- Group revenues totals Eur 13.2 million (prev. year: Eur 13.5 million)
United Labels AG (ISIN: DE 0005489561, WKN: 548956) recorded consolidated revenues of Eur 13.2 million (prev. year: Eur 13.5 million) in the 2020 financial year just ended.
Group earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted to Eur 1.5 million (prev. year: Eur -49 thousand), which corresponds to an EBITDA margin of 11.5%.
Group profit for the year was Eur 0.8 million (prev. year: Eur -1.0 million), resulting a return on sales of 5.8% and earnings per share (EPS) of Eur 0.11. All operating companies within the Group recorded a profit in the 2020 financial year. Order backlog was up by 31% at Eur 10.5 million as at 31 December 2020 (prev. year: Eur 8.0 million). Overall, the performance outlined above exceeds the company's expectations. Due to the covid-19 pandemic, the 2020 financial year as a whole was dominated by considerable supply- and demand-side uncertainties. They were overcome only with the help of rigorous and flexible management. Against this background, the management considers the direction taken by revenue, earnings and orders at United Labels AG to be very favourable.
For the first quarter 2021 the company expects a growth in revenues of app. 40% compared to the corresponding quarter of the previous year.
The full annual financial statements and further details, are to be published at the end of April as part of the annual report.
United Labels AG is an exchange-listed, family-run SME and one of Europe's leading manufacturers of branded goods in the Media/Entertainment segment. As an independent enterprise, it has established business partnerships with the world's key media and entertainment companies as well as with major retailers operating within the chain store, specialist retail, discount and online markets.
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