DGAP-News: United Internet AG
/ Key word(s): Quarterly / Interim Statement
- Customer contracts: + 280,000 to 25.93 million contracts - Sales: + 4.7% year on year to EUR 1.392 billion - EBITDA: EUR 346.5 million, thereof operating EUR 312.1 million (+ 3.8%) - EBIT: EUR 230.6 million, thereof operating EUR 196.2 million (+ 6.5%) - EPS: EUR 0.68, thereof operating EUR 0.58 (+ 23.4%) - 2021 guidance confirmed
Consolidated sales grew by 4.7% to EUR 1,392.2 million in the first quarter of 2021 (EUR 1,329.4 million in the previous year). In the first quarter of 2021, earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to EUR 346.5 million and earnings before interest and taxes (EBIT) to EUR 230.6 million. These figures include an (out-of-period) positive effect of EUR 34.4 million from the fiscal year 2020. On February 15, 2021, 1&1 Drillisch accepted Telefónica Germany's offer - improved following review by the EU Commission - for national roaming and thus also retroactively as of July 1, 2020 for the related MBA MVNO advance services. The prices offered include annually decreasing data prices again, similar to the pricing mechanisms of the first five years of the MBA MVNO agreement. The offer accepted by 1&1 Drillisch is currently being transposed into a national roaming agreement. Adjusted for this (out-of-period) positive effect on earnings from the new advance service prices, EBITDA, EBIT and EPS developed as follows: operating EBITDA improved by 3.8% from EUR 300.8 million in the same period last year to EUR 312.1 million, and operating EBIT by 6.5% from EUR 184.2 million to EUR 196.2 million. These earnings figures include initial costs for the construction of the Company's own 5G network of EUR -7.2 million (prior year: EUR -2.8 million) as well as the announced investments of IONOS - above all for a product and sales drive in its cloud business and for further international expansion - amounting to EUR -10.1 million. Earnings per share (EPS) amounted to EUR 0.68. Without consideration of the (out-of-period) positive effect on earnings from the new advance service prices (EPS effect: EUR +0.10) and the Tele Columbus impairment charge in the previous year (EPS effect: EUR -0.08), operating EPS improved by 23.4% from EUR 0.47 in the same period last year to EUR 0.58, while operating EPS before PPA rose by 15.3% from EUR 0.59 to EUR 0.68. Outlook 2021 An overview of all key figures and the quarterly statement for the first three months of 2021 are available online at www.united-internet.de. Contact partner Note
11.05.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | United Internet AG |
Elgendorfer Straße 57 | |
56410 Montabaur | |
Germany | |
Phone: | +49 (0)2602 / 96 - 1100 |
Fax: | +49 (0)2602 / 96 - 1013 |
E-mail: | info@united-internet.de |
Internet: | www.united-internet.de |
ISIN: | DE0005089031 |
WKN: | 508903 |
Indices: | MDAX, TecDAX |
Listed: | Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1194783 |
End of News | DGAP News Service |
|
1194783 11.05.2021
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.