3U HOLDING AG / Quarter Results 17.11.2008 Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Marburg, November 17, 2008 In the first nine months of the 2008 fiscal year 3U HOLDING AG, Marburg, posted revenues of 80.59 million, following on from 83.04 million in the comparable period of the previous year. The activities continued to focus on a consistent orientation to earnings. This is reflected in the positive development of the EBITDA (earnings before interest, taxes, depreciation and amortization) and the EBT (earnings before taxes). In the first nine months of the current fiscal year the EBITDA rose by 13%, from 7.49 million in the comparable period of the previous year to 8.48 million. The earnings before taxes were negative at -6.79 million in the third quarter of 2008 due to belated depreciation at Group level (third quarter 2007: -1.50 million). From a nine-month stance it was possible to increase the EBT, however, from -4.62 million in 2007 to -2.10 million in 2008. Due to the termination of the sales processes for the Group subsidiaries LambdaNet Communications Deutschland AG and 3U TELECOM GmbH Austria the 'held-for-sale' status of both companies was lifted in September 2008. In accordance with IFRS regulations the revenues of the 'held-for-sale' companies were not included in the consolidated statements in past quarters but only the results for the period. The depreciation of the shareholdings was neutralized at group level. With the lifting of the 'held-for-sale' status as of September 30, 2008 the companies affected will be consolidated in full again and the suspended depreciation will be performed belatedly. The amount of the belated depreciation from January 1 to June 30, 2008 totaled 4.34 million at LambdaNet. For the 2007 fiscal year there is a negative operating income contribution of 2.90 million, which was also performed belatedly as of September 30, 2008. The growth in earnings at the shareholdings in the fixed-network telephony segment also continued in the third quarter of 2008. Although the revenues decreased as scheduled in the first nine months of 2008 compared to the same period in 2007, from 57.81 million to 55.08 million, the EBITDA increased in the corresponding period by 231%, from 1.62 million to 5.37 million, however. The earnings before taxes increased in the same period by 335%, from 1.14 million to 4.96 million. In the broadband/IP segment LambdaNet Communications Deutschland AG posted revenues of 25.49 million in the first nine months of 2008 (previous year: 25.23 million). Adjusted for special effects from the 'held-for-sale' status the EBITDA decreased in the first nine months of 2008 over 2007, from 5.88 million to 3.12 million. This decrease is due on the whole to pre-production costs for new customer orders and the increase in personnel for the implementation of the planned growth in revenues. The earnings before taxes improved in this period from -6.08 million to -5.07 million. The equity capital ratio improved in a year-on-year comparison by more than four percentage points to 43.71% as of September 30, 2008. The liquid and near-liquid funds of the 3U Group have decreased only slightly to 34.88 market as of the cut-off date September 30, 2008 compared to June 30, 2008 ( 35.49 million) despite further repayments by LambdaNet. The earnings per share in the reporting period were -0.05 (same period previous year: -0.09). Contact 3U HOLDING AG Neue Kasseler Str. 62F 35039 Marburg Tel.: 06421 999-1200 Fax: 06421 999-1998 E-mail: boerse@3u.net DGAP 17.11.2008 --------------------------------------------------------------------------- Language: English Issuer: 3U HOLDING AG Neue Kasseler Str. 62 F 35039 Marburg Deutschland Phone: +49 (0)6421/999-0 Fax: +49 (0)6421/999-1111 E-mail: boerse@3u.net Internet: www.3u.net ISIN: DE0005167902 WKN: 516790 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Stuttgart, München, Hamburg, Düsseldorf End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: 3U HOLDING AG with improved result in the first nine moths of the 2008 fiscal year
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