Ad-hoc | 15 August 2003 07:43
3U TELECOM AG
english
Earnings more than doubled for the first two quarters of 2003
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Earnings more than doubled for the first two quarters of 2003
Again, earnings increased significantly for the first two quarters of 2003.
Earnings before taxes for that period were 2.24 M EUR, more than double the 0.94
M EUR in earnings for the first two quarters of 2002. Earnings per share
increased to 0.25 EUR (vs 0.10 EUR for the same period in 2002). Revenues were
25.72 M EUR (vs 31.90 M EUR for the same period in 2002). The yield on revenue
before taxes fand depreciations or the first two quarters of 2003 rose to 19.63%
(vs 11.25% for the same period in 2002), with a yield on revenue before taxes
of 20.39% for the second quarter of 2003 alone. Thanks to the continuing
increase of profitability, 3U has created a perfect base for future increase in
revenue resulting from its acquisition strategy. The focus on increased
profitability will again prove successful throughout the increase in revenue
resulting from the recent acquisition of OneTel in July 2003, and several future
acquisitions. 3U has liquid assets and near to liquid assets totaling 57 M EUR.
The comprehensive financial report for the first two quarters of 2003 is
available for download on the Internet at the following address:
http://www.3u.net/download/UUU203D.pdf
Contact:
3U TELECOM AG
Herr Axel Becker
Tel: +49(0)6421 999 – 0
FAX: +49(0)6421 999 – 1111
Email: info@uuu.de
end of ad-hoc-announcement (c)DGAP 15.08.2003
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WKN: 516790; ISIN: DE0005167902; Index:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, Hannover und Stuttgart
150743 Aug 03