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31.10.2024 16:42:37
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EQS-Adhoc: 3U HOLDING AG adjusts guidance for 2024
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EQS-Ad-hoc: 3U HOLDING AG / Key word(s): Change in Forecast/Forecast 3U adjusts guidance for 2024
The 3U Group is adjusting its targets for Group sales and profitability. Sales have increased in the current nine-month period compared to the previous year. Nevertheless, the development in the Renewable Energies and SHAC segment necessitates an adjustment. Meteorological conditions, restrictions in the availability of wind turbines and the development of monthly market values for onshore wind energy are having a noticeable impact on the results of the Renewable Energies segment. Similarly, the current subdued demand in the SHAC sector is not meeting expectations. The target figures for 2024 are expected to be below the originally communicated ranges. Group sales are expected to amount to at least EUR 55.0 million (previously: EUR 58.0 million to EUR 62.0 million). In terms of profitability, the Management Board expects an EBITDA margin in the range of 4 % to 5 % (previously: 7 % to 8 %). 3U will publish the figures for the first nine months of 2024 as planned on 12 November. Contact: Thomas Fritsche Leitung Unternehmenskommunikation & Investor Relations 3U HOLDING AG Frauenbergstraße 31-33 D-35039 Marburg Tel.: + 49 (0)6421 999-1200 Fax: + 49 (0)6421 999-1222 Email: IR@3U.net www.3u.net End of Inside Information
31-Oct-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| 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: | IR@3U.net |
| 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: | 2020345 |
| End of Announcement | EQS News Service |
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2020345 31-Oct-2024 CET/CEST
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