Ad-hoc | 30 January 2006 10:35
3U TELECOM AG: Positive outlook for the fiscal year 2006
Ad hoc announcement transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Marburg, January 30, 2006 – In comparison to the previous year 3U TELECOM
AG expects a further improvement in operating business in the current
fiscal year. The management board expects an increase in sales of at least
10 % compared to 2005. (Sales forecast 2005: 118 – 120 mn EUR). The EBITDA
of the 3U group is expected to rise by at least 30% in 2006 in comparison
to 5.8 – 6.0 mn EUR expected for 2005. This is mainly due to improved
efficiency and cost structures. A positive EBITDA is anticipated in the
fixed-line segment in each quarter of 2006. Market share in the call by
call business is supposed to be extended by a significant increase in
volume to foreign destinations as well as to mobile networks.
As previously stated in the quarterly report, the optimized marketing and
sales strategy focusing on the core business will be continued. This
includes the start of operating business for recently introduced carrier
selection codes as well as the penetration and extension of established and
new sales co-operations. The objective is to increase the customer base for
voice services and DSL. At the same time, the subsidiary LambdaNet plans to
further increase sales with business customers. Thus, LambdaNet´s EBITDA
margin is again expected to exceed 20% in the fiscal year 2006.
Because of ongoing amortization for the net infrastructure of the
subsidiary LambdaNet until the end of 2007, the management board expects a
net loss in the seven-figure range in the fiscal year 2006 (Forecast for
2005: Group net income in the seven-figure range because of special items).
However, the operating cash flow will be positive. Despite the first-time
redemption of bank loans and the once-only redemption of the convertible
bond (in total 6.7 mn EUR) the management board of the 3U group anticipates
cash and cash equivalents to be just under 40 mn EUR at the end of
2006.
3U TELECOM AG
Ulrich Wiehle
Tel.: +49 (0)6421 999-1200
Fax: +49 (0)6421 999-1111
wiehle@3u.net
(c)DGAP 30.01.2006
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language: English
emitter: 3U TELECOM AG
Neue Kasseler Str. 62 F
35039 Marburg Deutschland
phone: +49 (0)6421/999-0
fax: +49 (0)6421/999-1111
email: boerse@uuu.de
WWW: boerse@uuu.de
ISIN: DE0005167902
WKN: 516790
indexes:
stockmarkets: Geregelter Markt in Frankfurt; Freiverkehr in Berlin-Bremen,
Hannover, Düsseldorf, Hamburg, Stuttgart
End of News DGAP News-Service
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