Quarterly Report • May 14, 2024
Quarterly Report
Open in ViewerOpens in native device viewer
| 3U Group | Q1 2024 | Q1 2023 | +/– | |
|---|---|---|---|---|
| Group revenue | EUR million | 13.7 | 13.3 | 3.4% |
| ITC | 4.8 | 3.1 | 53.1% | |
| Renewable Energies | 1.2 | 2.5 | –54.6% | |
| SHAC | 8.0 | 7.8 | 2.9% | |
| Group-EBITDA | EUR million | 0.7 | 1.9 | –59.8% |
| ITC | 1.2 | 0.9 | 27.5% | |
| Renewable Energies | 0.7 | 1.9 | –64.7% | |
| SHAC | –0.2 | –0.1 | ||
| EBITDA margin | % | 5.5 | 14.0 | |
| ITC | 24.7 | 29.7 | ||
| Renewable Energies | 58.1 | 74.7 | ||
| SHAC | –2.7 | –1.7 | ||
| Net income for the period | EUR million | 0.1 | 1.4 | –95.1% |
| 3U Group | 31/3/2024 | 31/12/2023 | +/– | |
|---|---|---|---|---|
| Equity ratio | % | 75.2 | 75.1 | |
| Cash and cash equivalents | EUR million | 51.2 | 55.4 | –7.6% |
| Working Capital | EUR million | 68.7 | 68.9 | –0.2% |
| Net cash | EUR million | 35.9 | 39.8 | –9.7% |
| Free Cashflow | EUR million | –3.5 | –7.4 | |
| Employees | FTE | 160 | 164 | –2.4% |
| ITC | 63 | 68 | –7.4% | |
| Renewable Energies | 5 | 4 | 25.0% | |
| SHAC | 64 | 65 | –1.5% | |
| Holding | 28 | 27 | 3.7% |
Highlights
Just in time for spring, with sunnier days ahead, Selfio, a 3U HOLDING AG Group company, is expanding its range of photovoltaic systems and battery storage systems. From solar modules, inverters and power storage units through to kits with perfectly coordinated components, the company functions as a one-stop shop for a new photovoltaic system or for the upgrading of an existing system. Homeowners can procure all the components they need from the online shop to generate climate-compatible electricity.
3U ENERGY PE GmbH, a wholly owned subsidiary of 3U HOLDING AG, has obtained approval for the construction of new wind turbines on the Langendorf Wind Farm in Saxony-Anhalt, Germany. The approval covers the building and operating of turbines along with the construction of access roads to the individual turbine sites. There are also plans for building a substation for feeding the energy produced into the grid. Work on preparing the site for building is due to commence in the autumn of 2024. The repowering project provides for seven of the 15 existing wind turbines to be replaced by five new turbines. The new wind turbines have a nominal output of 6.2MW. The installed wind turbine capacity in Langendorf will be raised from currently 22.5MW to 43.0MW.
www.selfio.de, the leading online shop for home technology products in the Group, has again been admitted to the ranks of Germany's best online shops by the COMPUTER BILD magazine and the market research portal Statista. selfio.de has been awarded a prize for the seventh time in a row in this competition. As a result, the 3U subsidiary's e-commerce shop ranks among the 36 Top Shops 2024 in the "Home Technology" segment. The "Technical Quality" and "User Friendliness" received "very high" ratings from the testers. The comprehensive offer of home technology products, flanked by numerous product innovations for saving energy, combined with a reliable customer service and unique advisory service are a central focus of the 3U Group's strategy.
3U HOLDING AG started the new financial year on a positive note 2024, with its growth trajectory holding steady. Consolidated revenue from continued operations rose by 3.4% to EUR 13.7 million in the first quarter of 2024 (Q1 2023: EUR 13.3 million). The development of the two ITC and SHAC segments made a definitive contribution to the Group's success.
The ITC segment was the strongest driver of growth. Following weak construction activity in the previous year, the SHAC segment also reported a slight upturn in revenue in the first months of 2024. Unfavourable weather conditions, lower selling prices and outages in the wind farms resulted in the Renewable Energies segment being unable to match its good year-earlier performance in the first quarter of 2024. A technical defect in the Langendorf Wind Farm's substation in particular prevented electricity being fed into the grid in January. However, this defect was rectified at the beginning of February.
The ITC segment generated a share in sales revenue (net of consolidation effects) of 34.8% (Q1 2023: 23.5%), while the Renewable Energies segment delivered only 8.4% (Q1 2023: 19.2%) and the SHAC segment 58.1% (Q1 2023: 58.4%).

Other operating income in the Group advanced by 53.9% to EUR 0.6 million (Q1 2023: EUR 0.4 million). This figure was mainly impacted by the compensation paid out as a result of technical defects in the Renewable Energies segment.
Changes in inventories of EUR 0.4 million in the reporting quarter (Q1 2023: EUR 0.1 million) are also largely attributable to ongoing wind farm projects in the Renewable Energies segment.
Measured against revenue, the cost of materials rose disproportionately by 15.3%, with all segments contributing to this trend. The Group's cost of materials ratio (cost of materials as a percentage of sales) increased significantly, from 61.7% to 68.8%. Against this backdrop, gross profit declined marginally in the first quarter of 2024 versus the previous year's period, dropping from EUR 5.6 million to EUR 5.4 million. The gross profit margin declined accordingly, from 42.3% to 39.1%.
The personnel expenses ratio (personnel expenses as a percentage of revenue) came in at 19.3% in the first quarter of 2024, up from 15.7% in the year-earlier period. Compared with the first three months of 2023, other operating expenses as a proportion of sales increased from 12.5% to 14.3%, also due to higher maintenance costs and repairs to the wind energy facilities.
Along with the higher cost of materials, the increase in personnel expenses and other operating expenses by 27.4% and 18.0% respectively also contributed to the decline in EBITDA. In the first three months of 2024, earnings before interest, taxes, depreciation and amortisation (EBITDA) stood at EUR 0.7 million compared with the year-earlier figure of EUR 1.9 million, which corresponds to an EBITDA margin of currently 5.5% (Q1 2023: 14.0%).
4
Depreciation and amortisation totalled EUR 1.0 million in the first quarter of 2024 (Q1 2023: EUR 0.9 million). During the period under review 3U also continued to report a positive financial result of EUR 0.3 million (Q1 2023: EUR 0.8 million), along with tax income of EUR 0.1 million (Q1 2023: tax expenses of EUR 0.2 million).
The proportion of the consolidated result attributable to shareholders of the parent company amounted to EUR 0.1 million (Q1 2023: EUR 1.4 million). Consolidated earnings per share came in at EUR 0.00 (basic and diluted) following on from EUR 0.04 the year before.

As of 31 March 2024, the 3U Group employed a workforce of 183 persons in total (including Management Board members, temporary employees and part-time staff; 31 March 2023: 145 persons). The 26.2% increase in the workforce is attributable on the one hand to the takeover of the cs companies in the previous year while, on the other, must be seen in the context of the growth plans for the three operating segments. Converted into full-time equivalents, the 3U Group employed 160 staff members at the end of the first quarter (31 March 2023: 129 full-time equivalents).

They are distributed among the individual segments as follows:
*Full-time equivalents
6
In the first quarter of 2024, the ITC segment lifted its revenue significantly by 53.1% in a year-on-year comparison, from EUR 3.1 million to EUR 4.8 million. The decline anticipated in the Voice Retail business was offset by notable growth in Managed Services and Voice Business. As a result, the segment's gross profit rose by 47.6% and, by the end of the first three months of 2024, had achieved a figure of EUR 2.6 million (Q1 2023: EUR 1.8 million). Personnel expenses in the ITC segment amounted to EUR 1.0 million (Q1 2023: EUR 0.5 million). The increase is principally due to acquisitions and to the takeover of the cs companies. Other operating expenses also increased slightly. Having posted EUR 0.3 million in the first quarter of 2023, they amounted to EUR 0.5 million in the reporting period. Segment EBITDA rose to EUR 1.2 million (Q1 2023: EUR 0.9 million). The EBITDA margin stood at 24.7% in the reporting period compared with 29.7% the year before. On the back of a positive financial result of EUR 0.1 million (Q1 2023: EUR 0.0 million), the ITC segment generated earnings after taxes of EUR 1.2 million in the period under review, reflecting an increase of 41.7% compared with the year-earlier figure (Q1 2023: EUR 0.9 million).

Due to the weather, and first and foremost because of a technical defect in the Langendorf Wind Farm's substation in January, the Renewable Energies segment recorded a significantly lower energy yield than in the strong first quarter of 2023. The power produced by the wind farms in the first three months of 2024 totalled 15.0 GWh as against 22.3 GWh in the year-earlier period, reflecting a decline of 32.7%. The Adelebsen Solar Park generated electricity of 1.3 GWh in the reporting period, thereby matching the previous year's level (Q1 2023: 1.3 GWh). The Renewable Energies segment's revenue dropped by 54.6% as a consequence of considerably lower monthly market values and settled at a level of EUR 1.2 million (Q1 2023: EUR 2.5 million). Other operating expenses that were again determined by unscheduled repair costs amounted to EUR 0.6 million in the reporting period (Q1 2023: EUR 0.5 million). Segment EBITDA also declined substantially for the same reasons and, at EUR 0.7 million, fell 64.7% short of the year-earlier figure (Q1 2023: EUR 1.9 million). A negative financial result and profit participation by the limited partners translated into a segment result net of minority interest of EUR –0.3 million (Q1 2023: EUR 0.8 million).
7

The SHAC segment's revenue increased by a gratifying 2.9% to EUR 8.0 million in the first three months of 2024 (Q1 2023: EUR 7.8 million). Growing demand for photovoltaic modules, inverters and electricity storage right through to full-scale PV plants was especially evident in the upturn in e-commerce operations during the reporting period. At the same time, the SHAC segment's cost of materials ratio continued to run at a high level of 82.8% (Q1 2023: 82.2%). The segment's gross profit nevertheless rose marginally by 1.5% to EUR 1.5 million. Given the slight increase in operating expenses (personnel and other operating expenses), EBITDA came in at EUR –0.2 million (Q1 2023: EUR –0.1 million). Against the backdrop of depreciation and amortisation remaining unchanged, but a rather more negative balance sheet, the segment result declined from EUR –0.5 million to EUR –0.6 million.

As of 31 March 2024, total assets stood at EUR 119.3 million and thus at the level posted on 31 December 2023 (EUR 119.3 million). On the assets side, the increase in inventories of EUR 2.6 million is mainly attributable to higher stock levels in the SHAC segment. The decline of EUR 4.2 million in the Group's cash and cash equivalents is largely to be seen in the context of the increase in inventories in the reporting quarter.
The equity ratio stood at 75.2% as of 31 March 2024 (31 December 2023: 75.1%). Non-current and current liabilities dropped slightly overall, from EUR 29.8 million to EUR 29.6 million, which contributed to improving the debt-to-equity ratio which edged down from 33.2% to 33.1%. By contrast, the net cash position declined despite reduced financial liabilities and, at the end of the reporting period, posted EUR 35.9 million (31 December 2023: EUR 39.8 million).
Along with cash outflow of EUR 0.4 million from investment activities, principally associated with building the new company headquarters in Marburg (Q1 2023: cash inflow of EUR 0.3 million) and funds of EUR 0.7 million disbursed from financing activities resulting from the scheduled redemption of loans (Q1 2023: cash inflow of EUR 0.2 million), the Group reported lower cash outflow from operating activities of EUR 3.1 million in the first quarter of 2024 (Q1 2023: EUR 4.4 million). Free cash flow improved somewhat as a result but at EUR –3.5 million still remains in negative territory (Q1 2023: EUR –4.1 million).
| 3U Group (in kEUR) | 1/1—31/3 2024 |
1/1—31/3 2023 |
|---|---|---|
| Cash flow | –4,201 | –3,931 |
| Cash flows from operating activities | –3,061 | –4,403 |
| Cash flows from investing activities | –423 | 268 |
| Cash flows from financing activities | –717 | 204 |
| Changes in cash and cash equivalents | –4,201 | –3,931 |
| Cash and cash equivalents at the beginning of period | 52,440 | 186,813 |
| Cash and cash equivalents at the end of period | 48,239 | 182,882 |

11
No events of material significance for 3U HOLDING AG or that would have significantly impacted the Group's financial position, net assets and results of operations occurred after the balance sheet date of 31 March 2024.
12
The company anticipates further profitable growth in 2024. The Management Board assumes that the ITC segment will continue to perform well. At the same time, as part of its MISSION 2026 growth strategy, the Board will continue to concertedly implement the measures necessary to strengthen its competitiveness in its SHAC e-commerce operations. These measures include the realignment of the range on offer, flanked by expanding the proportion of profitable products and services, along with streamlining low growth niche activities. As far as the Renewable Energies segment is concerned, 3U is opting for extensive investments to expand its own power generating capacities.
Having obtained approval for the Langendorf Wind Farm repowering project, the Group can move ahead in realising the project in the coming quarters with the aim of raising installed capacity in Langendorf from 22.5MW to 43MW as planned over the period through to the end of 2025. Depending on the general conditions in the construction industry, the Group is anticipating further growth in the SHAC segment later on in the year.
Accordingly, 3U expects overall revenue for 2024 — without acquisitions — to settle in a range of between EUR 58 million to EUR 62 million, which would correspond to a year-on-year increase of around 10% and 18% respectively. Owing to the necessary upfront investments in 3U's future competitiveness, and in conjunction with repowering measures commencing at the Langendorf location, the EBITDA margin is anticipated in a range of approximately 7% to 8% in 2024. Net of these one-off effects, the return would improve further in 2024.
110

14
| Assets — 3U Group (in kEUR) | 31/3/2024 | 31/12/2023 |
|---|---|---|
| Non-current assets | 39,214 | 39,647 |
| Intangible assets | 5,435 | 5,501 |
| Property, plant and equipment | 26,755 | 27,003 |
| Rights of use | 2,723 | 2,818 |
| Investment property | 3,586 | 3,596 |
| Other financial assets | 107 | 107 |
| Deferred tax assets | 525 | 537 |
| Other non-current assets | 83 | 85 |
| Current assets | 80,098 | 79,661 |
| Inventories | 16,281 | 13,707 |
| Trade receivables | 5,337 | 3,933 |
| Contract assets | 73 | 513 |
| Income tax receivables | 1,296 | 1,206 |
| Other current assets | 5,900 | 4,890 |
| Cash and cash equivalents | 51,211 | 55,412 |
| Total assets | 119,312 | 119,308 |
| Shareholders' equity and liabilities — 3U Group (in kEUR) | 31/3/2024 | 31/12/2023 |
|---|---|---|
| Shareholders' equity | 89,666 | 89,548 |
| Subscribed capital | 36,813 | 36,813 |
| Treasury shares | –3,241 | –3,241 |
| Capital reserve | 7,708 | 7,708 |
| Retained earnings | 36,771 | 36,935 |
| Profit/loss carried forward | 10,509 | 7,957 |
| Net income | 69 | 2,552 |
| Total shareholders' equity attributable to the shareholders of 3U HOLDING AG | 88,629 | 88,724 |
| Non-controlling interests | 1,037 | 824 |
| Non-current liabilities | 18,269 | 18,972 |
| Non-current provisions | 1,490 | 1,481 |
| Non-current financial liabilities | 13,826 | 14,146 |
| Non-current lease liabilities | 2,028 | 2,223 |
| Deferred tax liabilities | 564 | 740 |
| Other non-current liabilities | 361 | 382 |
| Current liabilities | 11,377 | 10,788 |
| Current provisions | 193 | 509 |
| Current income tax liabilities | 471 | 446 |
| Current financial liabilities | 1,463 | 1,463 |
| Current lease liabilities | 793 | 847 |
| Trade payables | 5,442 | 4,682 |
| Other current liabilities | 3,015 | 2,841 |
| Total shareholders' equity and liabilities | 119,312 | 119,308 |

| 3U Group (in kEUR) | 1/1—31/3 2024 |
1/1—31/3 2023 |
|---|---|---|
| Revenue | 13,725 | 13,270 |
| Other income | 646 | 420 |
| Changes in inventories of finished services and work in progress | 416 | 99 |
| Other capitalised services | 14 | 0 |
| Cost of materials | –9,436 | –8,181 |
| Gross profit/loss | 5,365 | 5,608 |
| Personnel expenses | –2,654 | –2,083 |
| Other operating expenses | –1,963 | –1,663 |
| EBITDA | 748 | 1,862 |
| Depreciation and amortisation | –954 | –850 |
| EBIT | –206 | 1,012 |
| Financial income | 379 | 901 |
| Financial expenses | –127 | –133 |
| Financial result | 252 | 768 |
| EBT | 46 | 1,780 |
| Income taxes | 86 | –187 |
| Profit before minority interests | 132 | 1,593 |
| Net profit/loss for the period | 132 | 1,593 |
| Of which attributable to minority interest | 63 | 187 |
| Of which consolidated net income | 69 | 1,406 |
| Earnings per share, basic (in EUR) | 0.00 | 0.04 |
| Earnings per share, diluted (in EUR) | 0.00 | 0.04 |
| Segment reporting 1/1–31/3/2024 (in kEUR) |
ITC | Renewable Energies |
SHAC | Subtotal | Other activities |
Reconcili ation |
Group |
|---|---|---|---|---|---|---|---|
| Third-party revenue | 4,592 | 1,157 | 7,976 | 13,725 | 0 | 0 | 13,725 |
| Revenue from other segments/business areas | 185 | 0 | 0 | 185 | 520 | –705 | 0 |
| Intercompany revenue (intra-segment revenue) | 352 | 34 | 5,307 | 5,693 | 0 | 5,693 | |
| Total revenue | 5,129 | 1,191 | 13,283 | 19,603 | 520 | –705 | 19,418 |
| Less intercompany revenue | –352 | –34 | –5,307 | –5,693 | 0 | –5,693 | |
| Segment revenue/Group revenue | 4,777 | 1,157 | 7,976 | 13,910 | 520 | –705 | 13,725 |
| Other operating income | 289 | 236 | 104 | 629 | 70 | –53 | 646 |
| Changes in inventory | 0 | 372 | 44 | 416 | 0 | 0 | 416 |
| Other capitalised services | 0 | 0 | 0 | 0 | 0 | 14 | 14 |
| Cost of materials | –2,471 | –364 | –6,601 | –9,436 | 0 | 0 | –9,436 |
| Gross profit or loss | 2,595 | 1,401 | 1,523 | 5,519 | 590 | –744 | 5,365 |
| Personnel expenses | –965 | –128 | –869 | –1,962 | –692 | 0 | –2,654 |
| Other operating expenses | –451 | –600 | –867 | –1,918 | –670 | 625 | –1,963 |
| EBITDA | 1,179 | 673 | –213 | 1,639 | –772 | –119 | 748 |
| Depreciation and amortisation | –159 | –508 | –186 | –853 | –172 | 71 | –954 |
| EBIT | 1,020 | 165 | –399 | 786 | –944 | –48 | –206 |
| Financial result* | 71 | –319 | –208 | –456 | 1,041 | –333 | 252 |
| Other financial result | 71 | –319 | –208 | –456 | 1,041 | –333 | 252 |
| Income tax | 122 | –47 | 0 | 75 | 0 | 11 | 86 |
| Net profit/loss | 1,213 | –201 | –607 | 405 | 97 | –370 | 132 |
| Of which attributable to | |||||||
| non-controlling interests | 0 | 63 | 0 | 63 | 0 | 0 | 63 |
| Net income/loss | 1,213 | –264 | –607 | 342 | 97 | –370 | 69 |
*Before profit transfer
| Segment reporting 1/1–31/3/2023 (in kEUR) |
ITC | Renewable Energies |
SHAC | Subtotal | Other activities |
Reconcili ation |
Group |
|---|---|---|---|---|---|---|---|
| Third-party revenue | 2,962 | 2,549 | 7,751 | 13,262 | 8 | 0 | 13,270 |
| Revenue from other segments/business areas | 157 | 0 | 0 | 157 | 465 | –622 | 0 |
| Intercompany revenue (intra-segment revenue) | 303 | 59 | 4,538 | 4,900 | 0 | –4,900 | 0 |
| Total revenue | 3,422 | 2,608 | 12,289 | 18,319 | 473 | –5,522 | 13,270 |
| Less intercompany revenue | –303 | –59 | –4,538 | –4,900 | 0 | 4,900 | 0 |
| Segment revenue/Group revenue | 3,119 | 2,549 | 7,751 | 13,419 | 473 | –622 | 13,270 |
| Other operating income | 262 | 6 | 121 | 389 | 79 | –48 | 420 |
| Changes in inventory | 0 | 102 | –3 | 99 | 0 | 0 | 99 |
| Cost of materials | –1,623 | –189 | –6,369 | –8,181 | 0 | 0 | –8,181 |
| Gross profit or loss | 1,758 | 2,468 | 1,500 | 5,726 | 552 | –670 | 5,608 |
| Personnel expenses | –525 | –37 | –826 | –1,388 | –695 | 0 | –2,083 |
| Other operating expenses | –308 | –527 | –805 | –1,640 | –23 | 0 | –1,663 |
| EBITDA | 925 | 1,904 | –131 | 2,698 | –166 | –670 | 1,862 |
| Depreciation and amortisation | –108 | –510 | –181 | –799 | –159 | 108 | –850 |
| EBIT | 817 | 1,394 | –312 | 1,899 | –325 | –562 | 1,012 |
| Financial result* | 40 | –231 | –149 | –340 | 1,442 | –334 | 768 |
| Other financial result | 40 | –231 | –149 | –340 | 1,442 | –334 | 768 |
| Income tax | –1 | –186 | 0 | –187 | 0 | 0 | –187 |
| Net profit/loss | 856 | 977 | –461 | 1,372 | 1,117 | –896 | 1,593 |
| Of which attributable to | |||||||
| non-controlling interests | 0 | 193 | –6 | 187 | 0 | 0 | 187 |
| Net income/loss | 856 | 784 | –455 | 1,185 | 1,117 | –896 | 1,406 |
The current financial calendar is available on the 3U HOLDING AG website (www.3u.net).
Company address 3U HOLDING AG Frauenbergstraße 31–33 35039 Marburg Germany
Postal address 3U HOLDING AG P.O. Box 22 60 35010 Marburg Germany
Investor relations Thomas Fritsche Tel. : +49 (0) 6421 999-1200 [email protected] www.3u.net
Published by 3U HOLDING AG Frauenbergstraße 31–33 35039 Marburg Germany
(page 17)
Photos Kannapat — stock.adobe.com (title) // 3U ENERGY PE GmbH (page 10) // 3U HOLDING AG — Henrik Isenberg Fotografie Marburg
Font Interstate by Tobias Frere-Jones (manufacturer: The Font Bureau)
Translation Diana Polkinghorne mba, ba DP Business & Financial Translations Ltd
© 2024 3U HOLDING AG, Marburg
This quarterly announcement contains statements relating to the future which are subject to risks and uncertainties and which are assessments of the management of 3U HOLDING AG and reflect its current opinions with regard to future events. Such predictive statements can be recognised by the use of terms such as "expect", "assume", "estimate", "antici pate", "intend", "can", "plan", "project", "will" and similar expressions. Statements relating to the future are based on current and valid plans, estimates and expectations. Such statements are subject to risks and uncertainties, most of which are difficult to estimate and which are generally beyond the control of 3U HOLDING AG.
The following are — by no means exhaustive — examples of factors that may trigger or affect a deviation: the development of demand for our services, competitive factors — including price pressure —, technological changes, regulatory measures, risks in the integration of newly acquired companies. If any of these or other risks and uncertain factors occur, or if the assumptions on which the statements are based prove to be incorrect, the actual results of 3U HOLDING AG may differ materially from those outlined or implied in these statements. The company does not undertake to update predictive statements of this nature.
This quarterly announcement contains a range of figures which are not part of commercial regulations and the International Financial Reporting Standards (IFRS), such as EBT, EBIT, EBITDA and EBITDA adjusted for special influences, adjusted EBITDA margin, investments (capex). These figures are not intended to substitute the information for 3U HOLDING AG in accordance with the German Commercial Code (HGB) or IFRS. It should be noted that the figures for 3U HOLDING AG which are not part of commercial regulations and the IFRS, can only be compared to the corresponding figures of other companies to a certain extent.
The interim consolidated financial statements and the interim Group management report were neither audited in accordance with § 317 HGB nor reviewed by an auditor.
The English translation was prepared for convenience reasons. The only binding document is the original German quarterly announcement.
010017 Telecom GmbH Marburg, Germany
ITC
3U TELECOM GmbH Marburg, Germany
3U TELECOM GmbH Vienna, Austria
cs communication systems GmbH Pleidelsheim, Germany
cs network GmbH telecommunication services Pleidelsheim, Germany
Discount Telecom S&V GmbH Marburg, Germany
Exacor GmbH Marburg, Germany
fon4U Telecom GmbH Marburg, Germany
LineCall Telecom GmbH Marburg, Germany
OneTel Telecommunication GmbH Marburg, Germany
RISIMA Consulting GmbH Marburg, Germany
3U ENERGY AG Marburg, Germany
3U ENERGY PE GmbH Berlin, Germany
3U Euro Energy Systems GmbH Marburg, Germany
Immowerker GmbH Marburg, Germany
Repowering Sachsen-Anhalt GmbH Marburg, Germany
Solarpark Adelebsen GmbH Adelebsen, Germany
Windpark Klostermoor GmbH & Co. Betriebs-KG Marburg, Germany
Windpark Langendorf GmbH & Co. KG Marburg, Germany
Windpark Langendorf Verwaltungsgesellschaft mbH Marburg, Germany
Windpark Roge GmbH Marburg, Germany
Windpark Roge GmbH & Co. Betriebs-KG Marburg, Germany
Atrium 270. Europäische VV SE Düsseldorf, Germany
Calefa GmbH Koblenz, Germany
PELIA Gebäudesysteme GmbH Koblenz, Germany
samoba GmbH Bad Honnef, Germany
Selfio GmbH Bad Honnef, Germany

3U HOLDING AG P.O. Box 2260 35010 Marburg Germany
Tel.: +49 (0) 6421 999-0
www.3u.net
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.