preliminary business figures for the financial year 2024
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EQS-Ad-hoc: United Labels AG / Key word(s): Annual Results/Preliminary Results United Labels improves earnings through e-commerce
Münster, 16.04.2025. According to the preliminary figures available today, United Labels AG (ISIN: DE 0005489561, WKN: 548956) generated consolidated sales of € 22.5 million in the past financial year 2024. The reason for the 9.3% decline in sales was lower revenue in the key account segment, which fell by 19%. In contrast, revenue in the specialist retail/e-commerce segment increased significantly by 47%. Sales in the e-commerce business included in this segment even rose by 91%, which means that this area continues to have the greatest growth potential for the company, as expected. The sales trend reflects the company's strategy of accelerating its focus on specialist retail/e-commerce. The gross profit margin increased by 9.8 percentage points to 37.1% (previous year: 27.3%) due to the sharp rise in the higher-margin specialist retail/e-commerce business. Overall, consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) rose to € 1.5 million (previous year: € 1.3 million), while EBIT increased by 20% to € 1.2 million (previous year: € 1.0 million). All of the Group's operating companies closed the 2024 financial year with a positive net profit. For the current financial year 2025, the company plans to expand its key account business and brand ranges, as well as its own e-commerce business in particular. The Management Board is therefore forecasting sales growth and a further increase in the operating result for the current financial year 2025. The full annual financial statements and further explanations will be published with the annual report in April 2025 at: https://www.unitedlabels.com/investor-relations/finanzberichte
Investor Relations & Financial Media End of Inside Information
16-Apr-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | United Labels AG |
| Gildenstr. 6 | |
| 48157 Münster | |
| Germany | |
| Phone: | +49 (0)25 132 21-0 |
| E-mail: | info@unitedlabels.com |
| Internet: | www.unitedlabels.com |
| ISIN: | DE0005489561 |
| WKN: | 548956 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2119434 |
| End of Announcement | EQS News Service |
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2119434 16-Apr-2025 CET/CEST
