3U sells Lüdersdorf II wind farm

  • 3U HOLDING AG realises value enhancement in wind farm portfolio
  • Stadtwerke Heidenheim AG – Group expands its portfolio of electricity generation from renewable energies

Marburg, 17 December 2020 – 3U HOLDING AG (ISIN DE0005167902) has sold the Lüdersdorf II wind farm to a subsidiary of the Stadtwerke Heidenheim AG – Group. The wind farm was developed by 3U and put into operation in 2016. Its two Vestas V112 wind turbines with a rotor diameter of 112 m have a total output of 6.6 MW.

The transaction will generate additional income of around EUR 1.5 million for 3U in the 2020 financial year. After completion of the transaction, the remaining 3U portfolio of electricity generation plants from renewable energies will have a capacity of around 53 MW.

Stadtwerke Heidenheim AG – Group is a utility company with a long tradition that has continuously developed since its foundation in 1865 and has been supplying customers throughout Germany with electricity since 2003. The energy required for this is produced in the company’s own combined heat and power plants or renewable energy plants. Their installed capacity is more than 130 MW (https://t1p.de/j15o.

“We bear responsibility for the supply of our customers, but also for the climate and the environment,” emphasises Dieter Brünner, CEO of Stadtwerke Heidenheim AG – Group. “That is why we have been investing in environmentally friendly, decentralised energy supply for decades. The expansion and market integration of renewable energies play a central role. In this context, the acquisition of the Lüdersdorf II wind farm is a sensible and optimal addition to our proprietary green power generation portfolio.”

Michael Schmidt, Speaker of the Management Board of 3U HOLDING AG, explains: “Value enhancement is a central corporate purpose at 3U and an important measure of success in our megatrends. This also applies to our commitment to renewable energies. Together, the responsible management of all areas thus contributes to strengthening our strategic focus on cloud computing and online trading

 

Further Information: 
Dr Joachim Fleing
Investor Relations
3U HOLDING AG
Tel.: +49 6421 999-1200
Fax: +49 6421 999-1222
E-mail: ir@3u.net

About 3U:
3U HOLDING AG (www.3u.net) has its headquarters in Marburg, Germany, and was founded in 1997. It is the operating management and investment holding company at the head of the 3U Group. It acquires, operates and sells companies in the three segments of ITC (Information and Telecommunications Technology), Renewable Energies and SHAC (Sanitary, Heating and Air Conditioning Technology). The 3U Group has successful and profitable business models based on megatrends in all three segments. It continues to expand its business activities dynamically, particularly in its strongest growth areas of cloud computing and online trading, in which it is striving to achieve leading positions in the market.

3U HOLDING AG’s shares are traded on XETRA, Tradegate and on the German regional stock exchanges (ISIN: DE0005167902; identifier: UUU).

3U divests itself of the underfloor heating installation business

  • Jointly with a strategic investor management takes over the 3U shares in ClimaLevel Energiesysteme GmbH
  • Business relationship with 3U subsidiary PELIA Gebäudesysteme GmbH to be continued
  • 3U HOLDING AG consistently continues to focus on strategic priorities

Marburg, 2 December 2020 – 3U HOLDING AG (ISIN DE0005167902) has sold its 75 % share in ClimaLevel Energiesysteme GmbH, Cologne, to the co-shareholder and managing director Uwe Kemmer, to another employee of the company and to a strategic investor. The transaction is in line with 3U’s strategy of focusing on its most promising strategic business areas in megatrends. 

Also in the new shareholder structure, ClimaLevel GmbH intends to continue to purchase services from the 3U subsidiary PELIA Gebäudesysteme GmbH as previously provided within the Group. The transaction will generate additional income of EUR 1.3 million and a net cash inflow of around EUR 2.3 million in the 2020 financial year. The effects on the Group’s business figures from the 2021 financial year onwards will be announced early in 2021 after completion of the internal 3U Group planning and in connection with the annual forecast.

Following this step, third party revenue in the SHAC segment (sanitary, heating and air conditioning technology) of the 3U Group will in future result primarily from e-commerce, only minor parts will result from services in the areas of supply chain and procurement.

“With the disposal of the underfloor heating systems installation business, we are taking a further step towards an even stronger emphasis on our successful business areas in megatrends”, underlines Michael Schmidt, Speaker of the Management Board of 3U HOLDING AG. “Our key, future-oriented focal points are and will remain cloud computing and online trading.”

 

Further Information: 
Dr Joachim Fleing
Investor Relations
3U HOLDING AG
Tel.: +49 6421 999-1200
Fax: +49 6421 999-1222
E-mail: ir@3u.net

About 3U:
3U HOLDING AG (www.3u.net) has its headquarters in Marburg, Germany, and was founded in 1997. It is the operating management and investment holding company at the head of the 3U Group. It acquires, operates and sells companies in the three segments of ITC (Information and Telecommunications Technology), Renewable Energies and SHAC (Sanitary, Heating and Air Conditioning Technology). The 3U Group has successful and profitable business models based on megatrends in all three segments. It continues to expand its business activities dynamically, particularly in its strongest growth areas of cloud computing and online trading, in which it is striving to achieve leading positions in the market.

3U HOLDING AG’s shares are traded on XETRA, Tradegate and on the German regional stock exchanges (ISIN: DE0005167902; identifier: UUU).

Construction planning service complements Selfio’s advisory offering

Marburg, 26 November 2020 – Selfio GmbH, a wholly-owned subsidiary of 3U HOLDING AG (ISIN DE0005167902), complements its extensive advisory offering with a professional construction planning service. Under the motto “Do it yourself – but do it right”, the 3U e-commerce in sanitary, heating and air conditioning technology has long distinguished itself from the competition through a variety of “how-to”-media, including currently more than 100 video tutorials on its own YouTube channel Selfio TV.

With regard to the planning services, Selfio focuses on the core areas of the products offered in its online shop. Heating, ventilation and solar thermal systems are professionally planned by the experienced Selfio team. “The new planning services fit in perfectly with Selfio and our philosophy and show once again that we are more than just an online shop”, emphasizes Selfio’s Managing Director Roger Moore.

Customers receive the classic services of a planning office at fixed prices according to their specific requirements: from the necessary calculations and plans for a professional installation to the material recommendations for the implementation of the project. This way, builders and refurbishers receive everything from one single source – without having to call on additional services from third parties. 

“In our strategic focus on online trading, we continue to see great potential for growth and gains in market share, but also for the steady improvement of earnings”, emphasises Michael Schmidt, Speaker of the Management Board of 3U HOLDING AG. “Our 12-point plan for our SHAC segment (sanitary, heating and air conditioning technology) also expressly targets the optimisation of our product range and service offering. With the planning service, we are responding to the growing interest of our customers and further expanding our competitive advantages.”

 

Further Information: 
Dr Joachim Fleing
Investor Relations
3U HOLDING AG
Tel.: +49 6421 999-1200
Fax: +49 6421 999-1222
E-mail: ir@3u.net

About 3U:
3U HOLDING AG (www.3u.net) has its headquarters in Marburg, Germany, and was founded in 1997. It is the operating management and investment holding company at the head of the 3U Group. It acquires, operates and sells companies in the three segments of ITC (Information and Telecommunications Technology), Renewable Energies and SHAC (Sanitary, Heating and Air Conditioning Technology). The 3U Group has successful and profitable business models based on megatrends in all three segments. It continues to expand its business activities dynamically, particularly in its strongest growth areas of cloud computing and online trading, in which it is striving to achieve leading positions in the market.

3U HOLDING AG’s shares are traded on XETRA, Tradegate and on the German regional stock exchanges (ISIN: DE0005167902; identifier: UUU).

Virtual weclapp sales partner day with more than 100 participants from four countries

  • weclapp introduces new executives: Head of Research and Development (AI) and Head of Partner Management
  • Cooperation with partners meets the needs of increasingly larger medium-sized customers

Marburg, 19 November 2020 – weclapp SE, a subsidiary of 3U HOLDING AG (ISIN DE0005167902), held its annual Partner Day for its sales partners for the second time on 12 November 2020. weclapp also used the opportunity to introduce two new executives: Johannes Mehrer, PhD, as Head of Research and Development, and Sebastian Jung, the Head of Partner Management. With well over 100 participants from almost 90 companies, the virtual event reached IT service providers from Germany, Austria, Italy, and Switzerland.

The partner companies successfully use the cloud-based ERP platform weclapp themselves in their own operations; they support customer acquisition for weclapp, help the increasingly larger medium-sized customers with onboarding and take over their support for ongoing enquiries. Thanks to the collaboration possibilities of the platform, they work directly in weclapp with the individual customers to ensure that they define and use the optimal processes and functions for them in the growing wealth of possibilities.

The participating partners gained deep insights into various new product features in the areas of human resources, warehousing, and logistics, purchasing and accounting and weclapp mobile. weclapp, recently awarded for the fourth time as “ERP system of the year” by a jury of experts chaired by the University of Potsdam, continues to expand its technological pioneering position with the ongoing expansion of the functional range and improvement of the user experience.

The new head of research and development, Johannes Mehrer, used three current examples to show how efficiency increases are made possible by machine learning and Big Data functionalities which can soon be implemented in practice. With these innovative, future-oriented initiatives, weclapp is also pursuing the goal of providing its customers with noticeable competitive advantages – automation and thus a high increase in efficiency will become a significant benefit of the upcoming digitisation, especially for medium-sized companies.

Partner manager Sebastian Jung, who has been responsible for the expansion and maintenance of the partner network since August, led through the entire Partner Day. “Our partners are active, committed and the network is now becoming increasingly international. I am delighted about so much interaction in our virtual event and the expansion of our network,” summarised Jung.

In his final presentation, founder and CEO Ertan Özdil presented the first steps towards further developing the platform into a comprehensive ecosystem, in which programme extensions developed by the partners can be integrated directly into the platform as add-ons. One of the main goals is to increase the added value for the users and at the same time to give the partners the opportunity to reach more weclapp customers through better integrated solutions. weclapp expects a significant increase in turnover in the coming years through the sustainable strengthening of the partners. 

“Our partners and customers throughout Europe will benefit from everything we have already achieved today and are planning to do even more,” summarises weclapp CEO Ertan Özdil, “I know of no other software company that is gaining new customers with such drive – increasingly, larger companies from a wide range of industries are also appealing to us. It remains our ambition to become the most popular ERP system among medium-sized companies worldwide. Always listening to our customers, fulfilling and exceeding their wishes is a key to success – and our partners are important intermediaries in this process”.

 

New in the management team of weclapp SE

Sebastian Jung (born 1990)
has been partner manager of weclapp SE since August 2020 and is responsible for the coordination and support of partner sales. The studied sports manager comes from the Gießen 46ers, where he worked for almost seven years as sales manager of the basketball team. Since his school days, Jung has been actively involved in social, political and sports networks as an organiser and spokesperson.

Johannes Mehrer, PhD (born 1987)
has been working as head of research and development at weclapp since September 2020. Neuroscientist and psychologist, Johannes recently completed his doctorate on methods of machine learning in Cambridge. Thanks to stations in Burkina-Faso, Hamburg, Philadelphia, and Maastricht, Mehrer is internationally networked.

 

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

About 3U:
3U HOLDING AG (www.3u.net) has its headquarters in Marburg, Germany, and was founded in 1997. It is the operating management and investment holding company at the head of the 3U Group. It acquires, operates and sells companies in the three segments of ITC (Information and Telecommunications Technology), Renewable Energies and SHAC (Sanitary, Heating and Air Conditioning Technology). The 3U Group has successful and profitable business models based on megatrends in all three segments. It continues to expand its business activities dynamically, particularly in its strongest growth areas of cloud computing and online trading, in which it is striving to achieve leading positions in the market. 3U HOLDING AG’s shares are traded on XETRA, Tradegate and on the German regional stock exchanges (ISIN: DE0005167902; identifier: UUU).

3U HOLDING AG successfully stays the course and increases Group revenue and earnings

  • Strongest organic growth with cloud computing and telephony
  • Cash on hand and equity ratio at high Level
  • Construction progress of the new distribution centre

Marburg, 11 November 2020 – 3U HOLDING AG (ISIN DE0005167902) once again increased consolidated revenues and earnings in the third quarter of the 2020 financial year compared with the same period of the previous year, thus continuing its growth course in the first nine months. The restrictions introduced to combat the COVID-19 pandemic only had a selective impact on business. The Management Board confirms the revenue and earnings forecast for the 2020 financial year.

Consolidated revenue of 3U HOLDING AG rose by EUR 6.28 million in the first nine months of 2020 compared to the same period of the previous year, from EUR 38.21 million to EUR 44.49 million, which corresponds to growth of 16.4 %.

All three segments contributed to this development with the ITC (information and telecommunications technology) segment expanding its share of Group sales to over 30 % with growth of 33.9 %.

The ITC (Information and Telecommunications Technology) segment generated 33.1 % (9M/2019: 27.1 %) of consolidated revenues, the Renewable Energies segment 16.0 % (9M/2019: 14.4 %) and the SHAC (Sanitary, Heating and Air Conditioning Technology) segment 53.8 % (9M/2019: 58.9 %).

As neither 2019 nor 2020 saw any major mergers and acquisitions activities recognised in the balance sheet in the first nine months – with the exception of the acquisition of the Roge wind farm –, the changes in the income statement are largely attributable to the operating activities in the segments. Effects from the sale of the externally leased parts of the Adelebsen property, which was agreed at the end of the second quarter, may eventually be recognised in the fourth quarter of 2020 when ownership is transferred to the buyer.

The cost of materials increased at a disproportionately low rate of 11.1 % compared with the same period a year ago. The cost of materials ratio (cost of materials as a percentage of revenue) fell from 56.2 % in the first nine months of 2019 to 53.6 % in the first nine months of 2020. This development is mainly attributable to the growth of cloud computing and the telephony business in the ITC segment as well as the relatively lower share of the goods intensive SHAC segment.

Personnel expenses also rose disproportionately by 14.2 % to EUR 9.78 million (9M/2019: EUR 8.56 million). While as of 30 September 2020 a total of 233 persons were employed at 3U Group, seven more than a year ago (30 September 2019: 226 persons), the personnel expense ratio (personnel expenses as a percentage of revenue) declined slightly in the first nine months to 22.0 % (9M/2019: 22.4 %). In contrast, the personnel expenses ratio in the SHAC segment rose – mainly due to the temporary, extensive use of temporary staff at the distribution centre in Montabaur. In order to protect employees from possible infections, work was carried out there in two shifts, which could only be carried out with additional staff. This measure was reintroduced in the course of the fourth quarter.

In the first nine months of the 2020 financial year, the Group generated EBITDA of EUR 6.43 million (9M/2019: EUR 4.42 million). The improvement in earnings before interest, taxes, depreciation, and amortisation is due to the consistently lower cost ratios. The EBITDA margin (EBITDA as a percentage of revenues) rose from 11.6 % in the same period of the previous year to 14.5 % in the first nine months of 2020.

Loss carryforwards, which were used in the past, have now been partially exhausted. As expected, tax expense therefore rose from EUR 0.05 million to EUR 0.81 million in the first nine months of 2020. The consolidated net profit for the period (after minorities) was EUR 0.60 million, around four times as high as in the same period of the previous year (9M/2019: EUR 0.14 million).

ITC segment (Information and Telecommunications Technology)

The ITC segment increased revenues by 33.9 % to EUR 13.86 million (9M/2020: EUR 10.35 million) and generated an EBITDA of EUR 3.66 million, 90.1 % higher than in the same period of the previous year (9M/2019: EUR 1.92 million). The EBITDA margin rose from 18.6 % in the first nine months of fiscal 2019 to 26.4 % in the first nine months of 2020. As a result of the measures taken against the COVID 19 pandemic, demand for telecommunications services has risen significantly since the second half of the first quarter, as reported. Although this effect levelled off again in the third quarter, the Telecommunications business area was able to expand its business by 26.5 % in the first nine months. Rising sales of value-added services also contributed significantly to this growth.

The activities of weclapp SE, i.e. the Cloud Computing business area, were also increased in the first nine months of 2020 with revenue growing by 52.7 % compared to the same period of the previous year. As an individual company, it generated an EBITDA margin of around 35 %.

Renewable Energies Segment

In the Renewable Energies segment, segment revenue increased by 29.1 % from EUR 5.52 million in the first nine months of 2019 to EUR 7.12 million in the reporting period. The Roge wind farm acquired at the beginning of the year contributed EUR 1.51 million to segment revenue. Earnings from wind and photovoltaic systems are barely at a satisfactory level as wind yield was slack in the third quarter. Segment EBITDA improved from EUR 4.35 million in the same period of the previous year to EUR 5.61 million in the first nine months of 2020. The EBITDA margin in the Renewable Energies segment was 78.7 % as in the same period of the previous year.

SHAC segment (Sanitary, Heating and Air-Conditioning Technology)

In the first nine months of 2020, revenue in the SHAC segment rose by 6.5 % from EUR 22.49 million (9M/2019) to EUR 23.95 million (9M/2020). The e-commerce business area grew significantly by 10.7 %. The cost of materials ratio in the SHAC segment remained constant at 77.4 % in a nine-month comparison. The twelve-point plan for improving earnings in the SHAC segment, which was launched at the beginning of the second quarter of 2020 by the Management Board in conjunction with the management teams in the e-commerce business area, provides for the increased use of private labels in the product range as well as measures in purchasing, product mix and marketing.

Segment EBITDA fell from EUR –0.14 million in the same period of the previous year to EUR –0.38 million in the first nine months of 2020. While the e-commerce business in the Group company Selfio again recorded a slightly positive EBITDA, the expenses for the expansion and optimisation of the supply chain as well as measures to protect the employees at the Montabaur site against infection impacted the segment EBITDA. While the SHAC segment almost broke even in the third quarter of the 2020 financial year, the first nine months of 2020 again produced a negative segment result (9M/2019: EUR –0.47 million; 9M/2020: EUR –0.84 million).

Financial position

Compared to 31 December 2019, financial funds as of 30 September 2020 have hardly changed and amounted to EUR 17.52 million at the end of the third quarter of 2020. Including restricted cash deposits, liquid funds as of 30 September 2020 amount to EUR 20.06 million.

The start of construction of the distribution centre also affects the changes in key balance sheet items. The increase in property, plant and equipment already reflects the progress of construction work and corresponds to the increase in financial liabilities on the liabilities side. Nevertheless, the 3U Group reports a net cash position (cash and cash equivalents minus current and non-current financial liabilities) of EUR 0.94 million and positive working capital of EUR 26.15 million. In contrast, the gearing ratio was increased to 76.0 % as of 30 September 2020 (31 December 2019: 73.0 %).

3U HOLDING AG continues to have a solid equity ratio of 56.8 % (31 December 2019: 57.8 %).

Outlook

After the good performance during the 2020 financial year to date, the Management Board reaffirms its forecast and expects a strong increase in revenue. In 2020, revenues of between EUR 58.0 million and EUR 63.0 million are expected. Including income from the sale of assets, EBITDA is expected to be between EUR 10.0 million and EUR 12.0 million. Due to higher depreciation and amortisation and higher tax expenses, consolidated net income is expected to be between EUR 2.0 million and EUR 3.0 million according to the annual planning. The Management Board assumes that the economic restrictions in the course of the measures to combat the COVID-19 pandemic in the 2020 financial year will   have no significant negative impact on business performance. However, the extent to which targets will be achieved depends on the successful transfer of assets sold to the buyers in the course of the fourth quarter.

“The whole course of business to date shows: We are on a good course for 2020 and have also shown that we are well positioned to meet the challenges posed by the COVID 19 pandemic. The key figures in our strategic focus areas of online trading and cloud computing are developing as planned and better,” says a pleased Michael Schmidt, Speaker of the Management Board of 3U HOLDING AG. “It is already becoming apparent that we will enter the coming financial year with great momentum and that we can continue our success in megatrends.”

Quarterly Announcement

The complete quarterly Announcement for the first nine months of the 2020 financial year will be published today, 11 November 2020. It can be downloaded from the company’s website (www.3u.net) under “Investor Relations/Reports”.

 

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

About 3U:
3U HOLDING AG (www.3u.net) has its headquarters in Marburg, Germany, and was founded in 1997. It is the operating management and investment holding company at the head of the 3U Group. It acquires, operates and sells companies in the three segments of ITC (Information and Telecommunications Technology), Renewable Energies and SHAC (Sanitary, Heating and Air Conditioning Technology). The 3U Group has successful and profitable business models based on megatrends in all three segments. It continues to expand its business activities dynamically, particularly in its strongest growth areas of cloud computing and online trading, in which it is striving to achieve leading positions in the market. 3U HOLDING AG’s shares are traded on XETRA, Tradegate and on the German regional stock exchanges (ISIN: DE0005167902; identifier: UUU).

Greater variety, more bustle in the weclapp store

  • Cloud ERP provider weclapp expands range of program extensions and strengthens developer community
  • Relaunch of the weclapp store stimulates customers and community
  • High access rates already on the first day
  • User ratings create more transparency and dynamics

Marburg, 23 September 2020 – As part of its growth strategy, weclapp SE, a subsidiary of 3U HOLDING AG (ISIN DE0005167902), has redesigned the internal marketplace store.weclapp.com and added numerous offers. The cloud-based ERP platform weclapp enables small, medium-sized, and also larger companies to run their business processes comprehensively from one application. The marketplace complements this service with interfaces to a variety of specialized applications and functionalities (plugins), which offer customers additional options. They include for example Plugins for shipment processing, for project management or for connecting cash registers or telephone installations.

The Plugins available in the weclapp online store were developed partly by weclapp, partly by the active Community, consisting of customers and third-party IT service providers. Their plugins are offered as services (SaaS, software as a service) on the marketplace, where these connections of weclapp with industry or customized programs or devices can be rented. Thus, the community members have the possibility to present their program interfaces to a larger clientele and offer them for a fee. The community developers are free to set the prices for their programs themselves. The plugins are on display on the marketplace after having passed a compatibility-check by the weclapp development team.

As a cloud-based platform, weclapp enables efficient teamwork independent of location. This offers decisive advantages over all conventional “on-premises systems”, which run on the customers’ respective servers and are therefore dependent on infrastructure and updates. With weclapp, however, data from business transactions are accessible any time anywhere. This also applies to third-party programs coupled via the plugins which also get access to any data necessary for processing.

“The marketplace is our contribution to strengthen the community. Here, our partners can offer their services to all weclapp users worldwide under their own label. weclapp provides the trading platform. The marketplace with an active community of developers worldwide is an important strategic component in the worldwide orientation of our platform. Therefore, we will continue to expand the possibilities for developers and solution providers to enable smart extensions around our multiple award-winning platform,” says Ertan Özdil, CEO and founder of weclapp SE.

With the relaunch, the internal award “Plugin of the month” was initiated. Furthermore, customers now have the possibility to rate the plugins. Thus, all customers can participate in the active community and extend their weclapp with useful additional functionalities.

On the day the new offering was announced, the number of users accessing the store increased tenfold.

“weclapp users get in contact with developers and their products via the store and experience what is possible with weclapp. The fact that business transactions can be processed and closed far beyond the borders of a core ERP is a great advantage for weclapp users and for us a milestone on the way to internationalisation”, emphasizes Michael Schmidt, speaker of the board 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

About weclapp:
weclapp SE was founded in 2008 and offers since 2013 the cloud-based platform of the same name. Since market entry it has grown by an average of 50% each year and is operating profitably. With Software-as-a-Service (SaaS) it addresses mainly small and medium-sized companies, especially with the integrated ERP (Enterprise Resource Planning) and CRM (Customer Relationship Management) functionalities. Customers thus have unlimited access to their business transactions and data from any Internet-capable end device and from any location connected to the Internet. With storage and computing capacities in Germany and Switzerland and the certification according to ISO 27001, weclapp offers a high degree of data security. The platform has repeatedly been awarded the title of ERP system of the year. The weclapp SE is based in Frankfurt am Main with further locations in Marburg and Kitzingen. It is a subsidiary of the 3U HOLDING AG based in Marburg.

About 3U:
3U HOLDING AG (www.3u.net) has its headquarters in Marburg, Germany, and was founded in 1997. It is the operating management and investment holding company at the head of the 3U Group. It acquires, operates, and sells companies in the three segments of ITC (Information and Telecommunications Technology), Renewable Energies and SHAC (Sanitary, Heating and Air Conditioning Technology). The 3U Group has successful and profitable business models based on megatrends in all three segments. It continues to expand its business activities dynamically, particularly in its strongest growth areas of cloud computing and online trading, in which it is striving to achieve leading positions in the market.

3U HOLDING AG’s shares are traded on XETRA, Tradegate and on the German regional stock exchanges (ISIN: DE0005167902; identifier: UUU).

3U subsidiary Selfio is one of the best online shops in Germany for the fourth time in a row

  • Consumers awarded Selfio first place in the construction and DIY segment (excluding store network)

Marburg, 17 September 2020 – Selfio GmbH, a wholly-owned subsidiary of 3U HOLDING AG (ISIN: DE0005167902), received the award for “Germany’s Best Online Shops” in the segment “Building and DIY (excluding store network)” for the fourth time in a row. The consumer survey was conducted by “DISQ – Deutsches Institut für Service-Qualität”, a private company, on behalf of the news channel n-tv. The survey examined customer satisfaction with the online shops in six categories. Selfio achieved higher scores than the other competitors in the segment, particularly for its very good price-performance ratio and its Internet presence. But also for product range, customer service, ordering conditions and shipping and returns, the SHAC online retailer from the 3U Group achieved a place in the top ranks of its segment.

Since its start in 2011, the 3U subsidiary has increased its sales of systems and components for sanitary, heating and air conditioning systems and components (SHAC) more than twelve-fold from EUR 1.5 million (FY 2011) to EUR 20.6 million (FY 2019) giving it a strong position among the specialist providers in its industry segment; further growth is planned and foreseeable. In addition to the further expansion of its successful online marketing and online consulting services under the motto “Do it yourself – but do it right”, the company’s growth drivers include the ongoing expansion of its range of attractive products and services, closer cooperation with renowned providers, and the targeted use of private labels. The goal remains to join the ranks of the 100 top-selling German online retailers and on this way to further improve profitability.

“The customers are our top priority. We offer them competitive prices for high-performance products – and we support them with a comprehensive range of planning and consulting services,” emphasizes Roger Moore, Managing Director of Selfio GmbH. “Particularly in view of the generally good rating of the online shops in the DISQ customer survey, it is a special honour that Selfio was able to assert itself at this high level and convince the customers. We continue to work on maintaining and extending this lead”.

Further information about the award can be found at: https://disq.de/online-shop-preis.html. You can find the n-tv-guide article here: https://bit.ly/3maxMlq.

 

About Selfio:
Selfio GmbH is a provider of high-quality home technology systems and components with a focus on sanitary, heating, air conditioning (SHAC) and products such as under-floor heating, central and decentral ventilation and water management. Selfio supports home builders and do-it-yourselfers with professional planning services both for new buildings and for refurbishment projects. In addition, Selfio provides extensive video tutorials and product presentations and offers services for everyone along with technical advance calculations (quick layouts).

About 3U:
3U HOLDING AG (www.3u.net) 3U HOLDING AG (www.3u.net) has its headquarters in Marburg, Germany, and was founded in 1997. It is the operating management and investment holding company at the head of the 3U Group. It acquires, operates and sells companies in the three segments of ITC (Information and Telecommunications Technology), Renewable Energies and SHAC (Sanitary, Heating and Air Conditioning Technology). The 3U Group has successful and profitable business models based on megatrends in all three segments. It continues to expand its business activities dynamically, particularly in its strongest growth areas of cloud computing and online trading, in which it is striving to achieve leading positions in the market.

3U HOLDING AG’s shares are traded on XETRA, Tradegate and on the German regional stock exchanges (ISIN: DE0005167902; identifier: UUU).

3U HOLDING AG: Release according to Article 40, Section 1 of the WpHG / September 14, 2020

Voting Rights Announcement according to Article 40, Section 1 of the WpHG can be downloaded here:

PDF file for download

Lupus alpha Investment GmbH: Release according to Article 33 of the WpHG / September 14, 2020

Voting Rights Announcement according to Article 40, Section 1 of the WpHG can be downloaded here:

PDF file for download

3U HOLDING AG places around 1.2 million own shares with institutional investors

  • Lupus Alpha invests in management and investment holding 3U

Marburg, 11 September 2020 – With the approval of the Supervisory Board, the Management Board of 3U HOLDING AG has just sold 1,183,640 of its own shares to Lupus Alpha Asset Management GmbH. The purchase price amounted to EUR 1.747 per share. The net proceeds of the transaction are to be used to finance the further growth of the subsidiary weclapp SE. After completion of the transaction, 3U HOLDING AG holds no treasury shares.

The treasury stock results from a share buyback program resolved by the Annual General Meeting of 3U HOLDING AG on May 30, 2012. The resolution of the Annual General Meeting authorises the Management Board to sell the shares with the approval of the Supervisory Board. The shares may also be sold by means other than via the stock exchange or by means of a public purchase offer to all shareholders, provided that the acquired treasury shares are sold at a price that is not significantly lower than the market price of the Company’s shares of the same class at the time of the sale. The relevant stock exchange price within the meaning of the above provision is the average closing price of the Company’s shares in Xetra trading on the Frankfurt Stock Exchange during the last five trading days prior to the sale of the shares. These conditions have been met. The share price of the transaction did not significantly fall short of the corresponding average closing price of the Company’s shares in Xetra trading of EUR 1.838.

 

Publishing Person:
Dr. Joachim Fleïng
Head of Investor Relations
Tel.: +49 6421 999-1200
Fax: +49 6421 999-1222
Email: ir@3u.net

Issuer:
3U HOLDING AG
Frauenbergstr. 31-33
35039 Marburg
Germany
LEI: 529900VVQ4470YJ67K26
Registered: Marburg District Court HRB 4680
ISIN DE0005167902
MTF:
XETRA
Tradegate
Frankfurt, Berlin, Hamburg/Hannover, Düsseldorf, München, Stuttgart

About 3U:
3U HOLDING AG (www.3u.net) has its headquarters in Marburg, Germany, and was founded in 1997. It is the operating management and investment holding company at the head of the 3U Group. It 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). The 3U Group has successful and profitable business models based on megatrends in all three segments. It continues to expand its business activities dynamically, particularly in its strongest growth areas of cloud computing and online trading, in which it is striving to achieve leading positions in the market.

3U HOLDING AG’s shares are traded on XETRA, Tradegate and on the German regional stock exchanges (ISIN: DE0005167902; identifier: UUU).