United Labels reports on the first quarter and expects a further increase in
sales and earnings for the full year 2024

EQS-News: United Labels AG / Key word(s): Quarter Results
United Labels reports on the first quarter and expects a further increase in
sales and earnings for the full year 2024

22.05.2024 / 12:54 CET/CEST
The issuer is solely responsible for the content of this announcement.

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

United Labels AG (ISIN: DE 0005489561), one of the leading European brand
manufacturers in the media/entertainment sector, generated consolidated
sales of EUR 5.8 million in the first three months of the 2024 financial
year (previous year: EUR 6.9 million). The decline in sales resulted from
the distribution of customer campaigns before and after the reporting date.
Despite these order postponements, a significantly higher gross profit
margin led to consolidated earnings before interest, taxes, depreciation and
amortization (EBITDA) of EUR 0.5 million (previous year: EUR 0.5 million).
Earnings before interest and taxes (EBIT) also remained unchanged at EUR 0.4
million (previous year: EUR 0.4 million), while consolidated net profit for
the first quarter of 2024 was EUR 0.3 million (previous year: EUR 0.3
million), which corresponds to a return on sales of 4.5%.

However, the slight decline in sales in the first quarter does not allow any
conclusions to be drawn about the year as a whole. Despite the postponement
of orders, the company still expects sales and earnings to grow in 2024 as a
whole. In the previous financial year 2023, United Labels generated sales of
EUR 24.8 million and EBITDA of EUR 1.3 million.

Peter Boder, CEO of United Labels AG, is optimistic: "I am convinced that we
have a strong remaining financial year ahead of us. This is already becoming
apparent, particularly in e-commerce. I am therefore confident that we will
exceed the previous year's sales and earnings figures in 2024 as a whole."

About United Labels:

United Labels AG is a listed, medium-sized, family-owned company listed in
the Prime Standard. With over 40 license agreements, United Labels develops,
produces and distributes clothing, home textiles and gift items with brands
such as Paw Patrol, Peppa Pig, Snoopy and Harry Potter. As one of the
leading German brand manufacturers in the media/entertainment sector, the
independent company's partners include major global media and entertainment
companies as well as well-known retail partners from the chain store,
specialist retail, discounter and online retail sectors.

Contact:

UNITED LABELS AG, Gildenstrasse 6, 48157 Muenster, Germany,
www.unitedlabels.com

Investor Relations & Financial Media:

Meister Consulting GmbH, Tobias Meister, phone +49 (0) 2983 908121, mobile
+49 (0) 170 2939080, meister@meisterconsult.com


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

22.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

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

   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:    1908827

End of News EQS News Service
---------------------------------------------------------------------------

1908827 22.05.2024 CET/CEST