2025 ahead ayondo Franchise coming soon
Happy 
xMas Holidays
xMas Holidays
xMas Holidays
|
EQS-News: United Internet AG
/ Key word(s): Change in Forecast
Montabaur, September 30, 2022 United Internet AG confirms its sales forecast for fiscal year 2022 and specifies its EBITDA guidance. Consolidated sales are still expected to increase to approx. EUR 5.85 billion for the full year. EBITDA in 2022 is expected to increase to approx. EUR 1.270 billion (previously expected: EUR 1.259 billion), partly due to slightly lower expenses for the 1&1 network roll-out. In addition to the costs for the 1&1 network roll-out of approx. EUR 60 million (previously expected: EUR 70 million), the EBITDA forecast still includes approx. EUR 30 million for additional marketing activities of IONOS and around EUR 20 million higher electricity costs.
Capex in 2022 is expected to be around EUR 700 million (previously expected: EUR 800 million - EUR 1 billion). The main reason for the lower capex requirement are lower investments at 1&1 and 1&1 Versatel of around EUR 200 million, which were originally planned for 2022 but now be invested in 2023. This shift in investments to 2023 is primarily the result of unexpected delays in the provision of antenna sites due to supply shortage at one of 1&1's roll-out partners (1&1 press release of September 16, 2022), which, however, do not affect 1&1's long-term plans for the network roll-out.
About United Internet With around 27 million fee-based customer contracts and 40 million ad-financed free accounts, United Internet AG is a leading European internet specialist. At the heart of United Internet is a high-performance “Internet Factory” with over 10,000 employees, of which approx. 3,600 are engaged in product management, development and data centers. In addition to the high sales strength of its established brands (such as 1&1, GMX, WEB.DE, IONOS, STRATO, and 1&1 Versatel), United Internet stands for outstanding operational excellence with around 67 million customer accounts worldwide.
Contact partner United Internet AG
30.09.2022 CET/CEST Dissemination of a Corporate News, transmitted by EQS - 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: | 1454705 |
| End of News | EQS News Service |
|
|
1454705 30.09.2022 CET/CEST
P R O D U C T S U G G E S T I O N S
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.
