ots Ad hoc-Service: United Labels AG <DE0005489561> UNITEDLABELS AG 2000: most successful year since its establishment
Münster (ots Ad hoc-Service) -
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ad hoc disclosure UNITEDLABELS AG dated 21 March 2001 WKN (Sec. Id. No.): 548956, Ticker Symbol: ULC
UNITEDLABELS AG 2000: most successful year since its establishment
- Revenues more than doubled, reaching EUR28.9m - Income increased substantially - Solid cash resources to ensure further expansion
(Münster, 21 March 2001) UNITEDLABELS AG's revenue for the 2000 fiscal year was doubled, reaching EUR28.9m (previous year: EUR13.6m). Achieving an increase of 129.4%, operating income grew substantially and now stands at EUR2,904m (previous year: EUR1,299m). At the same time, earnings before interest and taxes increased to EUR2,629m (previous year: EUR1,395m). Within the first year after going public, the Münster-based specialist for products sold under licence has therefore posted a result that is more than forty per cent above the figure of revenues and income presented as part of its IPO performance targets. UNITEDLABELS AG's success during its first post-IPO fiscal year is mainly attributed to the company's organic growth of more than 80% but is also a result of its acquisition of licensing specialists in Belgium and Spain, as well as the inclusion of further highly successful comic characters within its portfolio. Following the integration and organisation of its newly acquired companies Colombine bvba (Belgium) and Jocky Team S.A. (Spain) into fully synchronized competence centres, the comicware specialist UNITEDLABELS AG intends to focus on global expansion in Asia and America. For the current fiscal year, UNITEDLABELS expects to generate revenues of EUR46m. As of December 31st, 2000 the company was able to fall back on more than half of its funds generated as part of its IPO.
For further information as well as the detailed annual report, please refer to www.unitedlabels.com, or contact the following member of the UNITEDLABELS team:
UNITEDLABELS AG UNITEDLABELS AG Albrecht Hanusch (CFO) Katarina Orlovic(IR) Gildenstr. 6 Gildenstr. 6 D 48157 Münster D 48157 Münster Tel.: +49 (0)251-3221-400 Tel.: +49 (0) 251-3221-406 Fax: +49 (0)251-3221-900 Fax: +49 (0) 251-3221-960 ahanusch@unitedlabels.com korlovic@unitedlabels.com
end of Ad hoc-announcement, (c) DGAP 21.03.2001
WKN: 548956; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Stuttgart, München, Berlin, Bremen, Hamburg, Düsseldorf und Hannover
Original-Content von: United Labels AG, übermittelt durch news aktuell