United Labels AG Forecasts Robust Christmas Sales

United Labels AG, a prominent European brand manufacturer, anticipates strong Christmas business in 2024, projecting an improvement over last year's financial results. Despite a decrease in consolidated sales to EUR 14.7 million from EUR 18.1 million the previous year, the company reports a slight increase in EBITDA to EUR 1.3 million, with EBIT rising to EUR 1.1 million. The net income for the year stands at EUR 0.4 million, reflecting a 3.1% return on sales.

Elfen Service GmbH, the company's online segment, showcased impressive performance, with a 78% increase in sales, reaching EUR 1.6 million. Additionally, the order backlog as of September 30, 2024, increased to EUR 11.4 million, indicating delayed yet notable customer orders.