Packaging

United Labels AG: Forecast revised, loss expected

Thursday 12. July 2012 - United Labels AG is predicted to fail to break even in financial year 2012, as had previously been forecast.

The originally expected result for the current financial year will be impacted by an extraordinary expense which is anticipated to amount to EUR 1.7 million, which will lead, on current predictions, to an annual loss of the same amount.
The loss is due to recalculation of liabilities to a contractual partner, which will cause United Labels AG to incur expenses increased by approximately the amount given above.