3U HOLDING AG: Consolidated Financial Statements 2014 and forecast for 2015 approved by the Supervisory Board

Marburg, March 26, 2015 – At today’s accounts review meeting the Consolidated Financial Statements and the Financial Statements of 3U HOLDING AG for fiscal year 2014, as well as the forecasts for the current fiscal year, were approved by the Supervisory Board.

The Company‘s key figures for the fiscal year 2014 compared to the same period last year, are as follows:

Annual comparison 1/1 – 12/31/2014 1/1 – 12/31/2013
Sales (in EUR million) 49.24 39.71
EBITDA (in EUR million) -0.17 -3.08
Consolidated earnings (in EUR million) -3.24 -4.12
Earnings per share (in EUR) -0.09 -0.12
Equity ratio (in %) 48.6 80.13

The Group achieved its forecasted ranges of planned figures for 2014. The segments have partially contributed differently than originally planned. The segment Telephony developed very well and excelled planning in all key financial indicators, while the segments Services and Renewable Energies lagged behind planning.

In the financial year 2014, the Group has invested a total of EUR 22.14 million in non-current assets. These investments were mainly investments in the data center property in Hanover and the purchase of the wind farm Langendorf. As a result, not only total assets increased significantly, but also the equity ratio decreased accordingly due to debt financing of both objects.

In addition, in today’s accounts review meeting, the forecast for the current fiscal year was adopted. Thereafter, the Management Board of 3U HOLDING AG expects for fiscal year 2015 consolidated sales of between EUR 54 million to EUR 58 million, an EBITDA of EUR 4.0 million to EUR 6.0 million and earnings of between EUR –1.0 million and EUR 1.0 million. With this forecast it should be noted that the partial or entire sale of Subsidiaries belongs to the corporate purpose of 3U HOLDING AG as a holding company and can lead to positive special effects. However, there are limitations to plan net income therefrom and it is therefore disregarded in the preceding prognosis. On the other hand 3U HOLDING AG plans to grow inorganically through acquisitions in 2015/2016.

The Annual Report 2014 will be published on March 31, 2015.