United Labels AG

ots Ad hoc-Service: United Labels AG United Labels with substantial increase in revenues and income

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    Münster (ots Ad hoc-Service) -      

    . Revenues grow by 93 per cent     . Income up by 57 per cent     . New licences and organic growth accelerate upward trend

    In the first nine months of 2000, United Labels AG increased its revenues to EUR 15.6 million, compared to EUR 8.1 million in the previous year (+93%). In the same period earnings before interest, taxes, depreciation and amortization (EBITDA) grew by 75 per cent, to EUR 1.52 million (EUR 0.87 million in the previous year). Earnings before interest and taxes (EBIT) was up by 42 per cent, which equates to EUR 1.08 million (EUR 0.76 million in the previous year). Income from ordinary operating activities grew by 57 per cent, to EUR 1,12 million (EUR 0.72 million in the previous year). After deducting one-off IPO costs amounting to EUR 2.6 million, and having taken into account deferred tax items, the loss for the nine months under review stands at EUR 0.79 million. United Labels expects a balanced result for the full fiscal year. DVFA earnings per share for the period under review are up substancially by EUR 0.08 to EUR 0.2 per share. The main contributors to this substantial level of growth were the expansion of the company's portfolio of licences and the acceleration of sales activities throughout Europe. A detailed quarterly report can be found at www.unitedlabels.com.

    Further information:

    UNITEDLABELS AG Karsten Gödde Chief Financial Officer Gildenstr. 6 D - 48157 Münster Tel.: 0251-3221-400 Fax: 0251-3221-900 E-mail: kgoedde@unitedlabels.com

    UNITEDLABELS AG Holger Pentz Investor Relations Gildenstr. 6 D - 48157 Münster Tel.: 0251-3221-405 Fax: 0251-3221-900 E-mail: hpentz@unitedlabels.com

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