United Labels AG: Ongoing continuous development in 2023

Münster (pta031/16.05.2023/14:30 UTC+2)

• Group revenues total EUR 6.9 million (prev. year: EUR 7.2 million)
• EBITDA amounts to EUR 0.5 million (prev. year: EUR 0.7 million)
• Order backlog totals EUR 13.4 million in first quarter of 2023

United Labels AG (ISIN: DE 0005489561, WKN: 548956) recorded Group revenues of EUR 6.9 million (prev. year: EUR 7.2 million) in the first three months of 2023. The slight decline in revenues of EUR 300 thousand is solely due to the realisation of customer campaigns before and after the reporting date.

Group earnings before interest, taxes, depreciation and amortisation (EBITDA) amount to EUR 0.5 million (prev. year: EUR 0.7 million), which corresponds to an EBITDA margin of 7.7%. EBIT totals EUR 0.5 million (prev. year: EUR 0.7 million) and consolidated profit amounts to EUR 0.3 million (prev. year: EUR 0.6 million), which corresponds to a return on sales of 4.5%.

Overall, all operating subsidiaries recorded positive bottom-line results for the quarter. The development in the online business of Elfen GmbH, which increased revenues by 52% in the first quarter, is particularly pleasing.

The order backlog as of March 31, 2023 was EUR 13.4 million (prev. year: EUR 15.7 million), with numerous customer orders not being placed until April/May, contrary to previous years. Against this background, the company continues to expect growth in sales and earnings in the current 2023 financial year.

The complete report for the first three months, including further details, will be available in May:
http://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 the world's key media and entertainment companies as well as with major retailers operating within the chain store, specialist retail, discount and online retail.

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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Emitter:	United Labels AG Gildenstraße 6 48157 Münster Germany
Contact Person:	Investor Relations
Phone:	+49 251 3221-0
E-Mail:	investorrelations@unitedlabels.com
Website:	www.unitedlabels.com
ISIN(s):	DE0005489561 (Share)
Stock Exchange(s):	Regulated Market in Frankfurt; Free Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate