3U Holding AG - Earnings Release 2019

News Details

Corporate | 6 February 2020 07:30

3U HOLDING AG: weclapp SE continues accelerated growth

DGAP-News: 3U HOLDING AG / Key word(s): Preliminary Results

06.02.2020 / 07:30

The issuer is solely responsible for the content of this announcement.

Corporate News

weclapp SE continues accelerated growth

– Good start to 2020 – January strongest single month since market entry

– Business with existing and new customers at a high level

Frankfurt/M. and Marburg, February 6, 2020 – According to preliminary figures, weclapp SE, a subsidiary of 3U HOLDING AG (ISIN: DE0005167902), has achieved the sales expectation of EUR 4.5 million (2018: EUR 3.0 million) in the 2019 financial year as communicated on the capital market. Despite the growth-related increase in personnel, the company again generated an EBITDA margin of well over 20 %. At the beginning of the year, the provider of a multi-award-winning cloud-based ERP platform achieved a further increase in revenue compared with both January 2019 and the previous month. They thus reached their highest level since market entry.

Ertan Özdil, CEO of weclapp SE, is confident: “The promising start of the year shows: Our growth strategy continues to work! Excellent user experience, comprehensive functionalities for all business processes from one application at low cost – we are receiving increasingly good feedback from the growing number of customers and sales partners. And we are continuing on this course – our goal is market leadership”.

Further information:

Dr. Joachim Fleïng

Investor Relations

3U HOLDING AG

Tel.: +49 6421 999-1200

Fax.: +49 6421 999-1222

E-Mail: [email protected]

About 3U:

3U HOLDING AG (www.3U.net) has its headquarters in Marburg, Germany, and was founded in 1997. It is the operating management and investment holding company at the head of the 3U Group. It acquires, operates and sells companies in the three segments of ITC (Information and Telecommunications Technology), Renewable Energies and SHAC (Sanitary, Heating and Air Conditioning Technology). The 3U Group has successful and profitable business models based on megatrends in all three segments. It continues to expand its business activities dynamically, particularly in its strongest growth areas of cloud computing and online trading, in which it is striving to achieve leading positions in the market.

3U HOLDING AG’s shares are traded on XETRA, Tradegate and on the German regional stock exchanges (ISIN: DE0005167902; identifier: UUU).

Contact:

Dr. Joachim Fleing

Head of Investor Relations

3U HOLDING AG

Frauenbergstraße 31-33

D-35039 Marburg

Tel.: + 49 (0)6421 999-1200

Fax: + 49 (0)6421 999-1222

Email: [email protected]

www.3u.net

06.02.2020 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

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Language:	English
Company:	3U HOLDING AG
	Frauenbergstraße 31-33
	35039 Marburg
	Germany
Phone:	+49 (0)6421/999-1200
Fax:	+49 (0)6421/999-1222
E-mail:	[email protected]
Internet:	www.3u.net
ISIN:	DE0005167902
WKN:	516790
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	968423