3U HOLDING AG Initiates 2025 with Revenue Growth, Despite Challenges

3U HOLDING AG reports a 6.4% rise in Q1 2025 revenues, reaching EUR 14.6 million, in contrast to EUR 13.7 million in Q1 2024. Organic growth and the acquisition of EMPUR contributed notably to this increase. However, EBITDA fell to EUR -0.2 million from EUR 0.7 million due to higher personnel and operating expenses. The EBITDA margin decreased to -1.2% from 5.5%.

The ITC segment faced a revenue drop of 23.5%, while the Renewable Energies segment saw a slight decline of 1.8%. The HVAC segment experienced significant growth, with revenues up by 25.7%, largely due to the EMPUR acquisition.

A sound balance sheet shows a stable equity ratio of 68.2%, despite a reduction in cash and equity from continued operations.

The Management Board remains optimistic, maintaining guidance for a 2025 revenue projection between EUR 62 million and EUR 66 million, aiming for breakeven EBITDA.