DGAP-News: 3U HOLDING AG: Positive annual results confirmed - Outlook for 2010 raised
(firmenpresse) - 3U HOLDING AG / Final Results/Forecast
31.03.2010 17:52
Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
3U HOLDING AG (ISIN DE0005167902) issued a forecast for the business years
2010 and 2011 on the occasion of today's publication of the annual report
2009. The Management Board expects for the Group external sales of EUR 85m,
EBITDA of EUR 13m and earnings of EUR 3m for 2010. For 2011 the Management
Board expects sales of EUR 82m - 90m, EBITDA of EUR 12m - 14m and earnings
of EUR 3.5m - 5m.
The final 2009 financial year end numbers confirm the preliminary results
which were announced on March 3, 2010. 3U HOLDING AG has reached sales of
EUR 92.1m (2008: EUR 107,5m) and an EBITDA of EUR 13.2m (2008: EUR 9.6m) in
the business year 2009. With an EBITDA margin of about 14.4 percent EBITDA
lay about 38.6 percent above EBITDA of the business year 2008 (EUR 9.55m).
EBT was increased by about EUR 7.0m from EUR -3.9m to EUR 3.0m. Due to a
larger tax burden and the extraordinary expenditures at the Subsidiary
LambdaNet the result could not be increased in the same extent. However a
positive result of TEUR 40 was achieved, after a deficit of EUR 4.0m the
year before.
In the fourth quarter 2009 sales of EUR 21.3m (Q4 2008: EUR 26.7m), EBITDA
of EUR 2.5m (Q4 2008: EUR 1.0m) and earnings of EUR -1.0m (Q4 2008: EUR
-1.0m) were achieved. The result of the fourth quarter in 2009 was strained
by non-recurrent expenses in the amount of EUR 1.2m in connection with the
reorganisation measures within LambdaNet. At the Subsidiary a series of
synergetic measures were enacted in the fourth quarter, which will mostly
come into effect in the business year 2010 and which will lead to a
significant improvement of the result. In addition, a wide spectrum of
reduction in costs measures will come into effect, which will partly
include the reduction of jobs.
Operating cash flow was increased by 27.3% from EUR 8.0m to EUR 10.2m. The
liquid funds of 3U HOLDING AG as of December 31, 2009 were reported at EUR
33.3m, EUR 2.2m below the EUR 35.5m reported on December 31, 2008. Whereby
one should consider that a total of EUR 7.7m flowed out in 2009 as
repayments for bank and leasing liabilities for the Subsidiary LambdaNet.
LambdaNet's bank liabilities have thus been fully repaid.
The complete report can be seen at http://www.3u.net.
Contact:
Peter Alex
Head of Investor Relations
3U HOLDING AG
Neue Kasseler Straße 62 F
D-35039 Marburg
Tel.: + 49 (0)6421 999-1200
Fax: + 49 (0)6421 999-1222
Email: IR(at)3U.net
www.3u.net
31.03.2010 17:52 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv atwww.dgap-medientreff.deandwww.dgap.de---------------------------------------------------------------------------
Language: English
Company: 3U HOLDING AG
Neue Kasseler Str. 62 F
35039 Marburg
Deutschland
Phone: +49 (0)6421/999-1200
Fax: +49 (0)6421/999-1222
E-mail: IR(at)3U.net
Internet: www.3u.net
ISIN: DE0005167902
WKN: 516790
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart, Hamburg
End of News DGAP News-Service
---------------------------------------------------------------------------
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 31.03.2010 - 11:52 Uhr
Sprache: Deutsch
News-ID 1012337
Anzahl Zeichen: 0
contact information:
Contact person:
Town:
Phone:
Kategorie:
Business News
Anmerkungen:
Diese Pressemitteilung wurde bisher 270 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: 3U HOLDING AG: Positive annual results confirmed - Outlook for 2010 raised
"
steht unter der journalistisch-redaktionellen Verantwortung von
3U HOLDING AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
