3U HOLDING AG / Release of an announcement according to Article 26 Section 1 Sentence 2 of the WpHG (the German Securities Trading Act) (Own shares)
3U HOLDING AG, Marburg, Deutschland, ISIN: DE0005167902, WKN: 516790 informs according to Article 26, Section 1 Sentence 2 of the WpHG that its Voting Rights in own shares have exceeded the 5% limit of the Voting Rights on November 19, 2010 and on that day amounted to 5.23% (this corresponds to
2,279,684 Voting Rights).
Marburg, November 12, 2010 – 3U HOLDING AG has significantly increased earnings again in the first nine months of 2010 compared to previous year. With Group sales that expectedly decreased from EUR 70.77 m in the first nine months of 2009 to EUR 62.54 m in the reporting period, net profit for the period increased by 1.17 m to 2.26 m. This is caused in particular by a positive development of the financial result and tax refunds for previous years.
At EUR 7.21 million, EBITDA was well below the EBITDA for the first nine months of the previous year (EUR 10.73 million). Beside the expected lower result contribution from the segment Telephony also one-off expenses like compensation payments to former Board Members, a partial purchase price restitution of the 3U TELECOM INC. (USA) as well as expenses arising from a lawsuit settlement in which the Company gets back 1,242,240 of its own stocks. Without these one-off expenses EBITDA would have been approximately EUR 1.1 million higher.
The Company continues to report a very solid equity ratio. It has improved on a continual basis since the year 2005 and at September 30, 2010 was at 52.17%.
The current year is a year of transition for 3U HOLDING AG. Significant resources have been shifted within the 3U Group, which has contributed to the establishment of a new trendsetting organizational structure. The objective being pursued by the four-pillar strategy is to develop the business fields Renewable Energies and Services next to the two longstanding divisions of Telephony and Broadband/IP into supporting pillars of the Group. The new business segments already today dispose of the same infrastructure as organizations which are much bigger. Accordingly sales and earnings were consciously renounced in the short term and instead, the foundation for a long term successful development of these areas has been laid. The segment Renewable Energies contributes less to Group sales than forecasted at the beginning of the year as well. The deliberate decision by the Members of the Board to use available resources increasingly in projects which will contribute only in the medium term to the Company success, contributed primarily to this development. Today, the Subsidiaries in the segment Renewable Energies already are further diversified than originally planned and cover nearly the whole value added chain, from the production via consulting to sales.
Contact:
Peter Alex
Head of Investor Relations
3U HOLDING AG
Frauenbergstraße 31–33
35039 Marburg
Tel.: +49 6421 999-1200
Fax: +49 6421 999-1222
E-Mail: ir@3u.net
3U HOLDING AG hereby announces that at the end of the month October 2010 the number of Voting Rights amounts to a total of 43,597,526 Voting Rights.
3U HOLDING AG informs according to Article 26, Section 1 Sentence 2 of the WpHG that its Voting Rights on 3U HOLDING AG, Marburg, Germany, ISIN: DE0005167902, WKN: 516790, have fallen below the 5% limit of the Voting Rights on October 25, 2010 and on that day amounted to 3.29% (this corresponds to 1,434,717 Voting Rights).
Only available in German:
Über die Einziehung eigener Aktien
Die ordentliche Hauptversammlung der 3U HOLDING AG vom 28. August 2007 hat den Vorstand der Gesellschaft ermächtigt, gemäß § 71 Abs. 1 Nr. 8 AktG durch die Gesellschaft erworbene eigene Aktien mit Zustimmung des Aufsichtsrates ohne weiteren Hauptversammlungsbeschluss einzuziehen.
Der Vorstand der 3U HOLDING AG hat unter Ausnutzung dieser Ermächtigung am 25. Juni 2010 beschlossen, 3.244.714 erworbene Stückaktien einzuziehen und das Grundkapital entsprechend herabzusetzen. Die Durchführung der Kapitalherabsetzung erfolgte mit Eintragung in das Handelsregister am 26.Oktober 2010. Das Grundkapital der Gesellschaft beträgt nunmehr 43.597.526,00 Euro und ist ein-geteilt in 43.597.526 Stückaktien.
Only available in German:
Bedingtes Kapital
Durch Beschluss der Hauptversammlung vom 19.08.2010 wurde das Grundkapital der Gesellschaft um bis zu EUR 4.684.224,00 (Bedingtes Kapital I) durch Ausgabe von bis zu 4.684.224 auf den Inhaber lautenden Stückaktien im Nennbetrag von je EUR 1,00 bedingt erhöht.
Der Beschluss wurde am 26.10.2010 in das Handelsregister eingetragen.
Die bedingte Kapitalerhöhung dient nur der Gewährung von Stückaktien an Arbeitnehmer und Mitglieder der Geschäftsführung der Gesellschaft oder verbundener Unternehmen infolge der Ausübung von Bezugsrechten, die ihnen im Rahmen eines Mitarbeiterprogramms gewährt werden.
Marburg, August 13, 2010 – 3U HOLDING AG has significantly increased earnings in the first half-year of 2010. With Group sales that expectedly decreased from EUR 48.35 m to EUR 41.93 m net profit for the period increased by 1.75 m to 2.02 m. At EUR 5.50 m, EBITDA of the reporting period was approximately EUR 1.00 m below the level of the first six months 2009 (EUR 6.56 m). Once-only extraordinary expenses in the amount of roughly EUR 0.70 m contributed decisively to this decline. Earnings per share are reported at EUR 0.05 after the first half-year. Due to the satisfying business development, 3U HOLDING AG continues to report a very solid equity ratio. It has improved on a continual basis since the year 2005 and at June 30, 2010 exceeded with 51.73% the 50% mark for the first time.
Substantial resources have been concentrated within the 3U Group and a new organizational structure was established in the reporting period. Today, the 3U Group consists of four divisions and the group-wide Holding. The Telephony and Broadband/IP segments continue to dominate the results of the Group. “We aim to stabilize the revenues in the Telephony segment on the current level. In the Broadband/IP segment we anticipate a growing demand in future, however, in a very competitive market environment and an accompanying tendency of reduced prices”, says Board Member Michael Schmidt. “The newly established segments “Services” and especially “Renewable Energies” have very promising growth prospects and are expected to contribute considerably to the Group’s results in the following quarters” adds fellow Board Member Michael Göbel.
With the implementation of the package of measures, decided on in the fourth quarter of 2009, a sustainable trend reversal was initiated at LambdaNet. Accordingly, business figures have developed positively during the first half-year: Net income came in at EUR 0.79 million, while in the previous year a considerable negative half year net result was reported.
The Management Board reaffirms its most recent forecast and still expects the 3U Group to realise external revenues of around EUR 85 m, an EBITDA of around EUR 13 m, and a net income of around EUR 3 m for 2010. For 2011 the Management Board expects revenues to be between EUR 82 m and EUR 90 m, EBITDA between EUR 12 m and EUR 14 m, and a Group result between EUR 3.5 m and EUR 5 m.
Contact:
Peter Alex
Head of Investor Relations
3U HOLDING AG
Frauenbergstraße 31–33
35039 Marburg
Tel.: +49 6421 999-1200
Fax: +49 6421 999-1222
E-Mail: ir@3u.net
The Management Board of 3U HOLDING AG has decided on the basis of the authorisation granted by the annual general meeting of August 28, 2009 to repurchase up to 10 % of its own shares on the stock exchange during the period from July 19, 2010 until not later than February 27, 2011.
The Company may at no time possess more than 10 % of its own share capital. Currently the Company already holds some 6.93% of the share capital with its 3,244,714 own shares. Therefore the Management Board has decided to use its authorization granted by the annual general meeting of August 28, 2007 to draw 3.244.714 shares without par value of the Company, acquired through a shares buyback programme via the stock exchange and a follow-up public buyback offer until February 20, 2009, after the annual general meeting of August 19, 2010.
BankM, Repräsentanz der biw Bank für Investments und Wertpapiere bank will manage this share buy-back programme and decide the timing of the individual repurchases independ-ently of and uninfluenced by 3U HOLDING AG. The share repurchases will be carried out in conformity with the provisions of § 20a WpHG and the Regulation to Further Define the Pro-hibition against Market Manipulation (MaKonV), as well as in accordance with so-called safe harbour rules. The price offered per share (without incidental buying costs) in the scope of the share buyback may not exceed the closing price of the share in XETRA trading on the Frankfurt Securities Exchange on the trading day preceding the buyback by more than 10 %, nor be more than 25 % below it.
Marburg, June 17, 2010 – The 3U HOLDING AG puts the fibre optic cable of its Broadband/IP and telephonic segment out to tender again. The network specialists at the Subsidiary company, LambdaNet Communications Deutschland AG (LambdaNet), will take over the project management in its entirety in close co-operation with the responsible parties in the affiliated Company, 3U TELECOM GmbH.
Considerable parts of the previous contracts with regard to the leased line segments for the fibre optic cable back-bones of the Subsidiary company, LambdaNet, expire at the end of 2011. Accompanying the new tender announcement, the extremely successful realisation of the synergy potential in the 3U Group, particularly since October 2009, shall be continued and a new Group embracing network company will be established. Within the framework of this new structure, LambdaNet will continue to be responsible for the operational network activities of this network company within the 3U Group.
At the time of the tender announcement, the simple new distribution of existing segments of the current LambdaNet fibre optic cable back-bone is less important than the realisation of one of the latest product requirements created by our clients’ network topology. This offers the greatest flexibility possible with regard to future quality and performance network technology demands. The 3U Group, thus, creates optimum conditions for a future trendsetting Next Generation Network (NGN). The greatest priority is to afford our clients impairment free technical migration.
The Broadband/IP Segment uses the synergy potential in the 3U Group and consequently takes the next step of ensuring and improving its future market position. Clients of the LambdaNet will benefit in any case: Greater flexibility to deal with the clients’ needs and an optimum line management based on current and anticipated traffic demands are only some of the improvements which will benefit the clients immediately.
Contact:
Peter Alex
Head of Investor Relations
3U HOLDING AG
Frauenbergstraße 31–33
35039 Marburg
Tel.: +49 6421 999-1200
Fax: +49 6421 999-1222
E-Mail: ir@3u.net
Marburg, May 14, 2010 – 3U HOLDING AG was able to significantly improve profits in the first three months. Given Group sales that decreased from EUR 24.77 m to EUR 20.99 m due to the expected decline in the fixed-line telephony segment, net profit for the period increased significantly from TEUR 127 to TEUR 663.
At EUR 2.97 m, EBITDA of the reporting period was almost on the same level as in the first three months 2009 (EUR 3.06 m). The result improved by TEUR 536 in the first three months 2010, compared to the respective period last year. Earnings per share are reported at EUR 0.02 after the first quarter.
The 3U HOLDING AG continues to show a very solid equity ratio. This ratio continuously changed for the better and was at 49.96% on March 31, 2010 – after being at 47.75% on December 31, 2009.
The Groups’ liquid assets decreased from EUR 33.29 m on December 31, 2009 to EUR 30.14 m on March 31, 2010. Besides the redemption payments for loan and lease liabilities of the segment broadband/IP, mostly investments into the new Groups’ Headquarters as well as the development of new business units lead to a decrease of the liquid funds.
With the far-reaching package of measures, which LambdaNet’s management decided on in the fourth quarter of 2009, a trend reversal was initiated at the Subsidiary and a significant improvement of all relevant key figures was achieved. Therewith the Company develops according to plan and should at least double EBITDA in the current business year and achieve a substantial positive result in 2011.
The investment portfolio was further expanded in the first quarter 2010. 3U HOLDING AG founded the management consultancy RISIMA Consulting GmbH, together with a partner already established in this market segment. The consultancy portfolio of RISIMA Consulting GmbH is based on innovative maturity models in the areas of business process and risk management, IT strategy and security as well as knowledge management and is being offered to medium-sized enterprises as from the second quarter of 2010.
In March 2010 3U HOLDING AG acquired a majority holding in EuroSun Vacuum-Solar-Systems GmbH. EuroSun Vacuum-Solar-Systems is an enterprise for the development, production and sale of electrical industry products and environmental technology goods, among others, for thermal solar plants and the ORC technology involved in the generation of electrical power from heat. It is thus a significant component of the Group’s strategy in the area of renewable energy.
Also in March 2010, 3U DYNAMICS GmbH was founded. From now on all sales and marketing resources, which are and can be deployed group-wide for more than one affiliated company will be bundled under 3U DYNAMICS.
Contact:
Peter Alex
Head of Investor Relations
3U HOLDING AG
Frauenbergstraße 31–33
35039 Marburg
Tel.: +49 6421 999-1200
Fax: +49 6421 999-1222
E-Mail: ir@3u.net
3U HOLDING AG acquires, operates and sells companies in the three segments of Information and Telecommunications Technology (ITC), Renewable Energies (RE) and Sanitary, Heating and Air Conditioning Technology (SHAC) with the objective of creating value added for all stakeholders. The 3U Group operates successfully through its business models which are aligned to megatrends in all three segments. The Group strives to achieve market leadership, especially in its e-commerce business model.
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