EQS-News

3U HOLDING AG brings the financial year 2023 to a successful close

EQS-News: 3U HOLDING AG / Key word(s): Preliminary Results/Annual Results 3U HOLDING AG brings the financial year 2023 to a successful close 11.03.2024 / 07:30 CET/CEST The issuer is solely responsible for the content of this announcement. 3U HOLDING AG brings the financial year 2023 to a successful close

• Preliminary figures show: revenue growth at 4% in the financial year 2023; EBITDA margin at 10%; Group result at the upper end of guidance
• Two of the three operating segments report higher revenue and improved profitability
• Management proposes dividend distribution of EUR 0.05
• Outlook for 2024: further growth in a challenging market environment

Marburg, 11 March 2024 – 3U HOLDING AG (ISIN DE0005167902; identifier: UUU) has today submitted the preliminary results for the financial year 2023 and the outlook for the company in 2024. Accordingly, and as forecast, 3U raised consolidated revenue, and earnings before interest, taxes, depreciation and amortisation (EBITDA) for the Group in 2023 was in line with expectations which were last adjusted in November. The company anticipates further profitable growth in the current financial year. At the same time, 3U continues to rigorously implement the measures deemed necessary under its MISSION 2026 for enhancing competitiveness in the SHAC segment’s e-commerce business and for expanding its power generating capacities in the Renewable Energies segment.

On a provisional basis, 3U HOLDING AG raised revenue by 4.0% to EUR 52.4 million in the financial year 2023 (previous year: EUR 50.3 million). The Group had previously targeted a range of between EUR 52 million and EUR 56 million. EBITDA came in at EUR 5.2 million (previous year: EUR 8.5 million). In terms of this metric, the Group lies within its predicted range of EUR 4.5 million to EUR 6.0 million, thereby slightly exceeding analysts’ expectations (consensus: EUR 5.0 million). The Group’s EBITDA margin amounted to 10.0%, following on from 16.8% in the year-earlier reporting period.