- EBITDA increased to EUR 1.84 million
- Group results as planned
- Permission for wind power plants received
Marburg, August 14, 2015 – 3U HOLDING AG (ISIN DE0005167902) today published its quarterly report II/2015. The 3U Group develops as planned and increased its profitability significantly compared to the prior-year period. The Group‘s key figures for the first half of fiscal year 2015 compared to the same period last year, are as follows:
| Jan 1 – Jun 30, 2015 | Jan 1 – Jun 30, 2014 | ||
| Sales | (in m EUR) | 22.53 | 24.52 |
| EBITDA | (in m EUR) | 1.84 | -0.41 |
| Group earnings | (in m EUR) | -0.91 | -1.50 |
| Equity ratio | (in %) | 50.85 | 58.33 |
| Cash & cash equivalents | (in m EUR) | 11.16 | 17.89 |
Sales in the segment Services and particularly in the segment Renewable Energies were expanded. Due to the sales decline in the segment Telephony Group sales decreased by 1.99 m EUR in comparison to the first half of 2014.
EBITDA has increased significantly compared to the same period last year and was in the first and second quarter on the same level. While in the first half year of 2014 a negative EBITDA of EUR –0.41 m had to be accepted, EBITDA in the first half year of fiscal 2015 amounted to EUR 1.84 m.
The Group result is with EUR -0.91 m according to the plan, which provides for a much better second half of the year.
Permission for construction and operation of wind power plants
Against the background of the highly complex procedure for approval of a wind farm, we received the long-awaited permit decision for our first self-developed wind farm.
The order for the wind power plants will now be executed shortly so that the construction can be guaranteed no later than June 30, 2016. Parallel to the construction process, we will have sales negotiations with interested parties and as of today, we expect to achieve corresponding sales in the second half of the year.
The quarterly report Q1/2015 can be downloaded from the website of 3U HOLDING AG: www.3u.net.