Ad-hoc | 8 May 2006 11:48
3U TELECOM AG: Significant increase in operating results in the first quarter of 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, May 8, 2006. According to preliminary results, the 3U group
recorded sales of 32.15 million EUR in the first quarter of the financial
year 2006. This is an improvement of 5.47 million EUR or 20.5% compared to
the corresponding prior-year period (26.68 million EUR). The 3U group
realized a noticeable increase in earnings before interest, taxes,
depreciation and amortization (EBITDA). Due to reduced structural and
network costs as well as further advanced productivity, the EBITDA of the
group increased to 2.78 million EUR (first quarter 2005: 1.30 million EUR).
The EBITDA margin of the group thus reached 8.6%. As a result of continuing
amortization of 4.10 million EUR the group´s net loss amounts to -1.93
million EUR in the first quarter of 2006 (first quarter 2005: -5.14 million
EUR). This corresponds with earnings per share of -0.04 EUR.
In the segment ‘fixed line telephony’ the 3U group attained an increase in
sales of 5.81 million EUR to 23.04 million EUR in the first quarter of 2006
(first quarter 2005: 17.23 million EUR). Despite a strong decline in prices
to mobile network connections the 3U group expanded its market share in the
core business ‘fixed line telephony’ in the beginning of the year. EBITDA
of this segment were at 0.38 million EUR, thus confirming the positive
trend of the previous quarters (first quarter 2005: -0.52 million EUR).
Sales in the segment ‘broadband/IP’ showed a solid development. In spite of
a decline in prices for carrier services, which are usual in the market,
sales rose to 9.11 million EUR in the first quarter of 2006 compared to the
corresponding prior-year sales figure (8.95 million EUR). With an EBITDA of
2.40 million EUR, an increase of 31.9% compared to the corresponding
prior-year period (1.82 million EUR) the EBITDA margin of the
‘broadband/IP’ segment rose to 26.3%.
As of March 31, the group´s equity ratio of 35.9% was nearly constant in
comparison to the previous quarter. Cash and cash equivalents were at 36.91
million EUR, and thus approximately at the same level of the preceding year
(March 31, 2005: 37.66 million EUR), despite scheduled loan redemption and
advance payments to Deutsche Telekom AG for interconnection costs.
The complete quarterly report will be published on May 15, 2006.
3U TELECOM AG
Ulrich Wiehle
Tel.: +49 6421 999-1200
Fax: +49 6421 999-1111
wiehle@3u.net
(c)DGAP 08.05.2006
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Language: English
Issuer: 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
indices:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
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