3U HOLDING AG has released preliminary, unaudited figures for the financial year 2025 along with its outlook for 2026, revealing a challenging transition year that sets the stage for anticipated recovery. The German holding company reported consolidated revenue of approximately EUR 53.0 million for 2025, slightly below the previous year's EUR 55.7 million and marginally under adjusted expectations. More significantly, EBITDA declined to approximately EUR -3.7 million from EUR 3.8 million in 2024, primarily due to increased expenses and restructuring measures, particularly within its HVAC (Heating, Ventilation and Air Conditioning) segment.
The company's performance varied across its three core segments. The ITC (Information and Telecommunications Technology) segment saw revenue fall considerably to EUR 13.2 million from EUR 19.2 million, attributed largely to the virtual discontinuation of the Voice Retail business and strategic adjustments. Despite this, segment EBITDA of EUR 2.8 million maintained what the company described as a sound margin level. The Renewable Energies segment reported a slight revenue downturn to EUR 4.6 million from EUR 4.8 million, mainly due to conversion work for the Langendorf Wind Farm repowering project. However, the completion of this project in early 2026 is expected to form the basis for substantial future growth.
The HVAC segment presented the most challenging picture, with revenue increasing to EUR 36.2 million from EUR 32.5 million thanks to the acquisition of the EMPUR Group, but organic growth remained notably below previous levels. Segment EBITDA dropped to EUR -6.4 million from EUR -2.0 million, resulting from increased personnel expenses, higher consultancy costs, and non-recurrent restructuring expenses of approximately EUR 1.2 million. The company noted that the HVAC business faced a persistently difficult market environment, subdued construction activities, and customer uncertainty.
Despite these challenges, 3U HOLDING AG maintains a positive outlook for 2026, anticipating that strategic realignments will drive recovery. The Management Board projects consolidated revenue between EUR 55.0 million and EUR 60.0 million for 2026, with EBITDA expected to rebound to EUR 6.0 million to EUR 8.0 million, representing an EBITDA margin of approximately 12%. This optimism is particularly strong for the Renewable Energies segment, where revenue is expected to more than double to over EUR 10.0 million with EBITDA reaching around EUR 8.0 million, following the completion of the Langendorf repowering project. Further information on the Group's development will be detailed in the 2025 Annual Report, scheduled for publication on 31 March 2026. More information can be found at https://www.UUU.de.
The company's financial position remains sound despite the 2025 results, with total assets rising notably due to increased non-current assets, particularly in property, plant and equipment within the Renewable Energies segment. The equity base provides adequate financial headroom for continuing the growth and transformation path. The final, audited figures for 2025 will be published as scheduled, and a webcast will be held on 31 March 2026 featuring CFO Christoph Hellrung and board member Uwe Knoke to discuss the results in detail. The original release is available on https://www.newmediawire.com.
