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ULC — United Labels AG News Story

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Brief: United Labels 9-month post-tax loss narrows to 0.7 mln euros

Nov 2 (Reuters) - United Labels AG  ULCG.DE : 
    * Group revenue of 24.1 million euros ($26.70 million) in 
first nine months of 2016. This corresponds to year-on-year 
growth of 8.1 pct (prev. year: 22.3 million euros) 
    * 9-month post-tax earnings for group improved to -0.7 
million euros (prev. year: -1.2 million euros) 
    * 9-month EBIT rose to 0.2 million euros (prev. year: -0.4 
million euros) 
    * 9-month EBITDA amounted to 0.7 million euros, which was 
more than double figure posted for same period a year ago (prev. 
year: 0.2 million euros) 
    * For FY company now anticipates year-on-year revenue growth 
of between 2 pct and 10 pct as well as positive EBIT of between 
0.2 million euros and 0.7 million euros 
 
Source text for Eikon:  ID:nEQ6TGJmf  
Further company coverage:  ULCG.DE  
 
($1 = 0.9028 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))

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