Brief: United Labels Q1 EBIT up at 0.5 million euros

United Labels AG

27/04/2017 11:18

April 27 (Reuters) - United Labels AG  ULCG.DE : 
    * Improved earnings in the first quarter 
    * Group revenue stands at 7.0 million euros ($7.63 
million)after Q1 
    * Q1 post-tax profit for group improved to 0.2 million euros 
(prev. year: 0.1 million euros) 
    * Q1 EBITDA rose to 0.7 million euros (prev. year: 0.5 
million euros) 
    * Overall, growth target for group revenue in 2017 financial 
year stands at 2-7 pct. Based on current projections, EBIT is 
expected to lie between 1.7 million and 2.7 million euros in 
2017 
    * Q1 EBIT increased to 0.5 million euros (prev. year: 0.3 
million euros) 
 
Source text for Eikon:  ID:nEQ6STlbD  
Further company coverage:  ULCG.DE  
 
($1 = 0.9176 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))