3U HOLDING AG: Acquisition of another wind farm

  •  Investment volume of approx. TEUR 830 is fully self-financed
  • •Total rated output 6 MW – guaranteed feed-in tariff according to EEG until 12/2020

Marburg, April 12, 2018 – 3U HOLDING AG (ISIN DE0005167902) announces the purchase of an existing wind farm with 6 wind turbines and an installed total rated output of 6 MW. The net purchase price for the targeted acquisition of 100 percent of the company shares is approx. TEUR 830 and thus at a favourable approx. TEUR 140 per MW of nominal output. At present, sales contracts for about 95 % of the shares are already closed. The acquisition of the shares is fully financed by own funds. Effective date of transition is January 1, 2018.

The wind farm Klostermoor in the state of Lower Saxony was built in 1999 and has a guaranteed feed-in tariff according to the EEG up to and including December 2020.

The annual electricity production of the wind farm is expected to average 8,200 MWh to 8,500 MWh; this results in an annual remuneration according to EEG of approx. TEUR 770 to approx. TEUR 800. The amount of sales achieved after the expiry of the guaranteed EEG remuneration cannot yet be reliably predicted today. However, 3U HOLDING AG assumes that the wind farm can continue to operate profitably after the end of the guaranteed EEG remuneration.

As a result of the transaction, 3U HOLDING AG is taking another important strategic step in the segment Renewable Energies towards a successful project manager in the field of wind energy. In the financial year 2017, this segment generated sales of EUR 9.7 million (2016: EUR 4.9 million) and EBITDA of more than EUR 6.2 million (2016: EUR 3.7 million).

Together with the newly acquired wind farm, 3U HOLDING AG generates continuous income from its own electricity generation via existing solar and wind farms with a total nominal output of around 45 MW. In addition, the Company announced in 2017 the successful sale of the wind farm Schlenzer. For 2018, an option agreement has already been agreed for the sale of another wind farm (Lüdersdorf II).

3U Wins Customers for Virtual Network Operation

  • 3U TELECOM makes Next Generation Network available and enables secure third-party connections as a service provider

Marburg, 9 April 2019 – 3U TELECOM GmbH, a wholly-owned subsidiary of 3U HOLDING AG (ISIN DE0005167902), has won its first external customers for its offer of “virtual network operation”. 3U TELECOM makes its Next Generation Network (NGN) available to operators of subscriber or connection networks and offers comprehensive service with permanent quality assurance. This allows customers to concentrate on their core business of customer support and marketing, while transferring the technical handling to 3U TELECOM as an experienced and technologically leading service provider. Among other things, nine operator network identification codes (010xy) of companies belonging to the Westend Management GmbH group based in Langen, Germany, and four network identification operator codes of another group of companies from Frankfurt/Main, Germany, are currently operated in 3U TELECOM’s NGN.

Voice communication in the telecommunications networks will in future only take place via NGN using the Internet Protocol (Voice over IP, “VoIP”). Only recently, 3U TELECOM converted all its interconnects with Telekom Deutschland to NGN. Only through NGN interconnection is it now possible to map third-party networks on one’s ownthe 3U TELECOM network and to secure the connections of third-party operator codes as a service provider. The comprehensive mastery of this technology, decades of experience and outstanding technical equipment of 3U TELECOM are among its competitive advantages.

Uwe Becker, Managing Director of Westend Management GmbH, explains: “Many millions of people are looking for inexpensive and secure telephone connections – especially abroad. With our offer these consumers can telephone also today still very favorably. Thanks to the cooperation with 3U TELECOM, we can further increase our efficiency and continually improve our services thanks to their state-of-the-art technology and good all-round support.”

“Our strategy continues to be to gain market share through our technological lead in the declining market for fixed-line telephony. We are currently making good progress,” says Uwe Knoke, Managing Director of 3U TELECOM.

“In addition to our strategic growth areas of cloud computing and e-commerce, we have a solid foundation in our traditional telecommunications business and see good opportunities to further expand our market position and increase profitability,” adds Michael Schmidt, CEO of 3U HOLDING AG.

 

Further information:
Dr Joachim Fleïng
Investor Relations
3U HOLDING AG
Tel.: +49 (0) 6421 999-1200
Fax: +49 (0) 6421 999-1222
E-mail: ir@3u.net

3U cloud computing subsidiary weclapp is increasingly expanding with indirect sales approaches

  • Partner sales of cloud-based ERP and CRM solutions are picking up speed
  • Strong cloud computing demand creates further opportunities for growth

Marburg, 2 April 2019 – weclapp GmbH, a subsidiary of 3U HOLDING AG (ISIN: DE0005167902), is continuing its unbroken growth course with cloud-based ERP and CRM solutions and, since the start of the year, has also increasingly been expanding with indirect sales approaches, especially through cooperation with sales partners. In March, weclapp held its first partner event. Around 30 representatives from new partner companies took part. Product training was as much part of the programme as exchanges about current developments in the cloud and common business prospects.

The partners are mostly medium IT systems companies and IT consulting firms that, starting now, can recommend the use of weclapp solutions to their customers. The new sales approach is supported by the fact that many such companies already successfully use weclapp themselves. This simplifies sales training and customer contact.

weclapp sales partners are also recording strong demand for systems from the cloud with a good price-performance ratio. This trend also enables them to benefit more from cooperation with weclapp. In the feedback for the partner event, in addition to the excellent product quality, participants mainly pointed out the good ongoing support from the weclapp team. From the establishment of the new, indirect sales channel, weclapp expects an additional boost in growth towards achieving its ambitious sales and earnings goals.

As a provider of cloud-based ERP and CRM solutions, weclapp GmbH once again increased its sales by 60% for the financial year 2018. In addition to the high-performance offering of products and services, this corporate growth is mainly due to professional and highly efficient inbound marketing on the internet (online marketing), which will also be further expanded and internationalised in the future . The acquisition of further sales partners outside Germany should also contribute to the planned internationalisation of weclapp business in the financial year 2019.

 

Further information:
Dr Joachim Fleïng
Investor Relations
3U HOLDING AG
Tel.: +49 (0) 6421 999-1200
Fax: +49 (0) 6421 999-1222
E-mail: ir@3u.net