Marburg, February 2, 2016 – According to preliminary findings, 3U HOLDING AG (ISIN DE0005167902) has reached after all the earnings targets for fiscal 2015 as communicated at the beginning of the year 2015 with a pleasing development exceeding our expectations in the fourth quarter.
With sales of around EUR 13 million, EBITDA of EUR 1.3 million and earnings of EUR 0.5 million in the fourth quarter of 2015, the best quarterly results since 2011 have been achieved. Thus the following preliminary consolidated financial ratios result for fiscal year 2015 compared to the previous forecast:
|Financial Year 2015||Preliminary consolidated financial ratios||Previous forecast|
|Sales (in EUR m)||48||47 – 50|
|EBITDA (in EUR m)||4.0||3.5 – 4.5|
|Earnings (in EUR m)||-0.8||-1.3 – -0.9|
This result was achieved, despite the shift in sales and earnings towards upcoming periods, due to the announced withdrawal from the sale of a wind farm project at the end of 2015.
In today’s discussion between the Supervisory Board and Management Board, the forecast for the current fiscal year was adopted. That said, 3U HOLDING AG expects consolidated sales of between EUR 54 million to EUR 60 million, EBITDA of EUR 6.0 million to EUR 8.0 million and earnings of between EUR 0.5 million and EUR 2.5 million in the fiscal year 2016.
The publication of the Annual Report 2015 takes place on March 22, 2016.
Head of Investor Relations
3U HOLDING AG
Tel.: +49 (0)6421-999-1200
Fax.: +49 (0)6421-999-1222
Mobil: +49 (0)162-249 96 74