3U HOLDING AG
3U HOLDING AG: weclapp SE continues accelerated growth
DGAP-News: 3U HOLDING AG
/ Key word(s): Preliminary Results
/ Corporate News weclapp SE continues accelerated growth – Good start to 2020 – January strongest single month since market entry – Business with existing and new customers at a high level Frankfurt/M. and Marburg, February 6, 2020 – According to preliminary figures, weclapp SE, a subsidiary of 3U HOLDING AG (ISIN: DE0005167902), has achieved the sales expectation of EUR 4.5 million (2018: EUR 3.0 million) in the 2019 financial year as communicated on the capital market. Despite the growth-related increase in personnel, the company again generated an EBITDA margin of well over 20 %. At the beginning of the year, the provider of a multi-award-winning cloud-based ERP platform achieved a further increase in revenue compared with both January 2019 and the previous month. They thus reached their highest level since market entry. Ertan Özdil, CEO of weclapp SE, is confident: “The promising start of the year shows: Our growth strategy continues to work! Excellent user experience, comprehensive functionalities for all business processes from one application at low cost – we are receiving increasingly good feedback from the growing number of customers and sales partners. And we are continuing on this course – our goal is market leadership”. Further information: About 3U: Contact: Dr. Joachim Fleing Head of Investor Relations 3U HOLDING AG Frauenbergstraße 31-33 D-35039 Marburg Tel.: + 49 (0)6421 999-1200 Fax: + 49 (0)6421 999-1222 Email: IR@3U.net www.3u.net
06.02.2020 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | 3U HOLDING AG |
Frauenbergstraße 31-33 | |
35039 Marburg | |
Germany | |
Phone: | +49 (0)6421/999-1200 |
Fax: | +49 (0)6421/999-1222 |
E-mail: | IR@3U.net |
Internet: | www.3u.net |
ISIN: | DE0005167902 |
WKN: | 516790 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 968423 |
End of News | DGAP News Service |