United Labels AG: Results for FY 2022

Münster (pta030/03.04.2023/11:50) -
* Group revenue up by 24% to €22.3 million (prev. year: €18.0 million)
* EBITDA tripled to €1.1 million (prev. year: €0.3 million)
* Significant growth also expected for 2023

United Labels AG (ISIN: DE 0005489561, WKN: 548956) saw following the preliminary figures Group revenue rose significantly by 24% to €22.3 million in the 2022 financial year just ended. Revenue growth was driven by more expansive sales in the Key Account segment, which grew by 22%. The Special Retail segment was up by 37%, driven by a growth of the E-Commerce by 40%.

Despite adverse effects relating to the supply chain as a whole and high freight costs for the procurement of goods, the Group's gross profit margin rose to 28.6% (prev. year: 24.6%). In total, consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted significantly to €1.1 million (prev. year: €0.3 million), EBIT was up to €0.8 million (prev. year: €0.1 million) and the profit for the year rose to €0.4 million (prev. year: €-0.2 million).

Once again, all operating companies within the Group recorded a profit in the 2022 financial year.

The order backlog as at 31 December 2022 stood at €14.0 million (prev. year: €17.0 million).

The entire financial year just ended was dominated by considerable supply-, retailer- and consumer-side uncertainties. They were overcome only by 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.

The company's plans for the current 2023 financial year include an expansion of its Key Account business, its brand portfolio and its end consumer business, particularly within the area of online trading. At present, the company anticipates an increase in revenue and operating profit for the current financial year.

The full annual financial statements and further details, are to be published in April 2023 as part of the annual report: https://www.unitedlabels.com/investor-relations/finanzberichte

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 world's key media and entertainment companies as well as with major retailers operating within the chain store, specialist retail, discount and online markets.

Further information:
United Labels AG – Investor Relations –
Gildenstraße 6, 48157 Münster, Tel.: +49 (0) 251-3221-0, Fax: +49 (0) 251-3221-960
investorrelations@unitedlabels.com

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