3U HOLDING AG: Publication of Quarterly Report I/2016

  • Preliminary Group figures confirmed
  • Initial operation of wind farm Lüdersdorf II

Marburg, May 13, 2016 – 3U HOLDING AG (ISIN DE0005167902) today published its Quarterly Report I/2016 and thus confirmed the preliminary published Group figures from April 19, 2016.

After a long period of losses came to an end with the return to profitability in the fourth quarter 2015, the first quarter of 2016 continues this development with sales of around EUR 11.33 million, an EBITDA of EUR 1.20 million and earnings of EUR 0.10 million. To this overall satisfactory development the segments ICT, Renewable Energies and SHAC contribute roughly in equal parts.

Within the segment Renewable Energies the wind turbines in the wind farm Lüdersdorf II, planned and set up by 3U ENERGY PE GmbH, with a total capacity of 6.6 MW were connected and put into full operation in the last few days.

The wind farm Lüdersdorf II is located in the State of Brandenburg and is located around 25 kilometers south of Berlin, near an existing wind farm with 13 wind turbines.

This wind farm project developed by 3U ENERGY PE GmbH consists of 2 wind turbines by the manufacturer Vestas type V 112, each with a nominal power of 3.3 MW, a hub height of 119 meters and a rotor diameter of 112 m.

In the future these two wind power plants will produce about 14.2 million kilowatt hours of environmentally friendly electricity per year. This is enough to yearly supply about 4,000 households with electricity and to avoid the emission of 10,500 tons of CO2. The feed-in is made at a newly built 110-kV substation close to the wind farm. Construction of the wind turbines began in January 2016 and now they are operated by 3U ENERGY AG.

More detailed information can be found in the Quarterly Report QI/2016, which is available for download on our website at www.3u.net.