DGAP-Adhoc: United Labels AG: United Labels on target with first-half performance

United Labels AG / Key word(s): Half Year Results/Half Year Results

08.08.2013 08:35

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

Ad hoc announcement by United Labels AG dated 8 August 2013
ISIN: DE 0005489561, WKN: 548956, Ticker Symbol: ULC

United Labels on target with first-half performance

- Group sales at EUR 13.9 million.

- Operating result up year on year to -EUR 0.1 million

- United Labels subsidiary in Spain with marked improvement in earnings

Münster, 8 Aug. 2013 - Group sales generated by United Labels AG (ISIN: DE
0005489561, WKN: 548956) in the first half of 2013 amounted to EUR 13.9
million (prev. year: EUR 25.0 million). At -EUR 0,1 million, consolidated
EBIT was at the level targeted by the company and significantly higher than
the previous year's figure of -EUR 8.4 million, despite the downturn in
revenue. The decline in revenue is attributable to the company's focus on
more profitable areas of business and the concomitant adjustment of its
organisational structures and processes.

Earnings within the Special Retail segment improved from -EUR 0.1 million
in the first half of 2012 to EUR 0.2 million in 2013. The Special Retail
segment includes earnings from the e-commerce activities of recent start-up
Elfen Service GmbH as well as profit from the company's airport shops.
United Labels also posted positive earnings in its Key Account segment.
While this segment had recorded a loss of EUR 5.7 million in the previous
year due to exceptional charges, it recorded earnings of EUR 0.4 million in
the period under review. This was mainly the result of a conscious decision
to focus on products associated with higher profit margins. Defying the
crisis in Southern Europe, the subsidiary operated by United Labels AG in
Spain generated sales revenue of EUR 6.4 million in the first half of the
financial year.

Within this context, the company is determined to expand its B2C business
by pursuing e-commerce activities and pressing ahead with the platform
operated by Elfen Service GmbH. Other areas of potential growth include the
company's airport shops, which have already moved beyond the break-even
point. In the core fields of business currently operated by the company -
the sale of merchandise relating to cartoons/comics within the Special
Retail and Key Account segments - future growth will be managed in
accordance with the company's policy on profitability and earnings.

The report issued by United Labels AG for the first six months of 2013 can
be downloaded from the following site:
http://www.unitedlabels.com/investor-relations/finanzberichte

Contact details:
United Labels AG
Gildenstraße 6
48157 Münster
Tel.: +49 (0) 251-3221-406
Fax: +40 (0) 251-3221-960
investorrelations@unitedlabels.com

---------------------------------------------------------------------------

Language: English
Company: United Labels AG
Gildenstr. 6
48157 Münster
Germany
Phone: +49 (0)25 132 21-0
Fax: +49 (0)25 132 21-999
E-mail: investorrelations@unitedlabels.com
Internet: www.unitedlabels.com
ISIN: DE0005489561
WKN: 548956
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart

End of Announcement DGAP News-Service

---------------------------------------------------------------------------