Brief: 3U Holding announces sale of Windpark Schlenzer

3U Holding AG

29/08/2017 15:40

Aug 29 (Reuters) - 3U HOLDING AG  UUUG.DE  
    * PTA-ADHOC: 3U HOLDING AG: 3U HOLDING AG ANNOUNCES THE SALE 
OF WINDPARK SCHLENZER 
    * SALE WAS MADE ON BASIS OF AN INVESTMENT BOOK VALUE OF 
AROUND EUR 12.4 MILLION 
    * SALE REDUCES LEVERAGE IN GROUP BY APPROXIMATELY EUR 9.3 
MILLION 
    * PURCHASER IS GREEN CITY ENERGY AG 
    * EXECUTION OF CONTRACT IS SUBJECT TO CONDITIONS 
    * SALE LEADS TO SALES REALIZATION IN SEGMENT RENEWABLE 
ENERGIES AND HAS AN INFLUENCE ON GROUP'S KEY FIGURES FOR CURRENT 
YEAR 
    * CURRENT FORECAST FOR 2017: SALES 50 - 56 MILLION EUROS, 
EBITDA 5.5 - 7.5 MILLION EUROS, EARNINGS 0.5 - 1.5 MILLION EUROS 
 
Source text for Eikon:  ID:nPexPGPzsa  
Further company coverage:  UUUG.DE  
 
 (Gdynia Newsroom) 
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