3U HOLDING AG Reports Preliminary 2025 Results and 2026 Outlook Amid Strategic Realignment

3U HOLDING AG has released its preliminary, unaudited figures for the financial year 2025 and provided its outlook for 2026. The company reported consolidated revenue of around €53.0 million for 2025, marginally below the previous year's €55.7 million, while EBITDA declined significantly to approximately -€3.7 million compared to €3.8 million in 2024. This negative EBITDA result was primarily attributed to higher expenses and restructuring measures, particularly within the HVAC segment, though the ITC and Renewable Energies segments developed in line with planning.

The financial year 2025 saw notable segment performance variations. The ITC segment generated sales revenue of €13.2 million, considerably below the previous year's €19.2 million, largely due to the virtual discontinuation of the Voice Retail business and strategic adjustments in other business lines. Despite this decline, segment EBITDA remained at a sound level of approximately €2.8 million. The Renewable Energies segment reported a slight revenue downturn to around €4.6 million, mainly due to conversion work for the Langendorf Wind Farm repowering project, with EBITDA dropping to €2.9 million while maintaining a high level. The completion of this repowering project, with full commissioning of new wind turbines at the start of 2026, represents a significant milestone for the Group's growth strategy in renewable energies.

In contrast, the HVAC segment saw revenue increase to approximately €36.2 million in 2025, thanks to activities of the acquired EMPUR Group, though organic growth remained notably below the previous year's level. The segment faced a persistently difficult market environment, subdued construction activities, and customer uncertainty, resulting in segment EBITDA dropping to around -€6.4 million. This decline resulted from increased personnel expenses, higher consultancy costs, and non-recurrent restructuring expenses of approximately €1.2 million. The measures implemented by 3U, including a focused product portfolio, optimized procurement and logistics processes, and integration of the EMPUR Group, have established prerequisites for gradual profitability improvement.

The Management Board assesses the starting point for 2026 as favorable despite 2025 being deemed a transition year. The strategic realignment of the HVAC segment, expanding capacities in the Renewable Energies segment, and focusing on profitable business lines in the ITC segment are expected to significantly boost revenue and profit in 2026. For the financial year 2026, without factoring in potential future acquisitions, the Management Board anticipates consolidated revenue in the range of approximately €55.0 million to €60.0 million, with EBITDA expected between €6.0 million and €8.0 million, equating to an EBITDA margin of approximately 12%.

Segment expectations for 2026 include ITC sales revenue remaining at around €13.0 million with higher EBITDA of approximately €3.5 million, Renewable Energies segment sales revenue more than doubling to over €10.0 million with EBITDA around €8.0 million, and HVAC segment sales revenue of approximately €35.0 million with significantly improved but still negative EBITDA of around -€1.0 million. For 3U HOLDING AG as a separate entity, revenue is expected between €2.0 million and €2.5 million, with Holding EBITDA anticipated in a corridor of approximately -€3.0 million to -€4.0 million due to higher administrative expenses related to transformation and digitalization initiatives.

The final, audited figures for the financial year 2025 will be published as scheduled on 31 March 2026, along with the 2025 Annual Report. Further information on the Group's development, its segments, and outlook will be presented in detail during reporting. A webcast will be held for this purpose on 31 March 2026 at 10:00 CET, with CFO Christoph Hellrung and Uwe Knoke, Board member responsible for strategy and business development. More information about the company can be found at https://www.UUU.de.