1&1 AG — Earnings Release 2010

Nov 10, 2010

News Details

Ad-hoc | 10 November 2010 13:51

Drillisch AG: Distinct increase of profitability in the first nine months – Increase of EBITDA guidance 2010 a further EUR 2m to EUR48m (+10.3% on last year) (FY-2009: EBITDA EUR43.5m).

Drillisch AG / Key word(s): Preliminary Results/Quarter Results

10.11.2010 13:51

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Drillisch AG: Distinct increase of profitability in the first nine months -
Increase of EBITDA guidance 2010 a further EUR2m to EUR48m (+10.3% on last
year) (FY-2009: EBITDA EUR43.5m).

Maintal, 10 November 2010 - The mobile-communications service provider
Drillisch (ISIN DE 0005545503) continued its dynamic growth path in the
first nine months of the year 2010.

With 2.340 million subscribers (9M-2009: 2.237 m), thereof 1.115 million
postpaid (9M-2009: 946,000) and 1.225 million prepaid (9M-2009: 1,291,000)
Drillisch generated increasing sales of +3.8% to 261.8 million Euro
(9M-2009: EUR252.1 m). Gross profit rose by 6.9 per cent to 64.1 million
Euro (9M-2009: EUR59.9 m). Gross profit margin increased by 0.7 percentage
points to 24.5 per cent (9M-2009: 23.8%). The adjusted EBITDA (Earnings
before Interests and Taxes) rose by 7.9 per cent to 35.5 million Euro (9-M
2009 EUR32.9 m). The EBITDA of 33.4 million Euro includes the cost for
closure of the Idstein site of 2.1 million Euro.

Sales of the third quarter 2010 reached 84.8 million Euro, compared with
Q3-2009 (EUR89.7 m), sales declined by 5.5 per cent or 4.9 million Euro.
This decline mirrors largely declining sales of our subsidiary eteleon,
Munich, with third parties.

Gross profit reached 21.9 million Euro in the third quarter, an increase of
3.7 per cent or 0.8 million Euro compared with the second quarter of 2010
(21.1 million Euro).

Gross profit margin of the third quarter 2010 rose by 2.9 percentage points
to 25.8 per cent and topped the very good 22.9 per cent, reached in
Q2-2010. Against Q3-2009, gross profit margin rose by 1.4 percentage
points.

The adjusted EBITDA improved in Q3-2010 by 7.8 per cent to 12.5 million
Euro and the adjusted EBITDA margin improved by 1.8 percentage points to
14.7 per cent after 12.9 per cent. Compared with Q2-2010, the adjusted
EBITDA improved by 4.2 per cent

Increase of FY-2010 EBITDA Guidance

The operating business is doing fine on a sustainable basis. Management
Board increases the full year guidance 2010 for adjusted EBITDA to 48
million Euro (old: EUR46m). In FY-2009, Drillisch reached an adjusted
EBITDA of 43.5 million Euro. We confirm as well the already given dividend
proposal from March 2010.

The Drillisch Group at a glance (unaudited 9 months figures)

in million Euro 30.09.2010 30.09.2009
Sales 261.8 252.1
Gross Profit 64.1 59.9
Gross Profit-Margin in % 24.5 23.8
EBITDA 33.4 32.7
EBITDA (adjusted) 35.5 32.9
EBITDA-Margin in % 12.8 13.0
EBITDA-Margin (adjusted) in % 13.6 13.1
Subscribers (in million) 2.340 2.237

The Drillisch-Group at a glance (unaudited Q3 figures)

in million Euro Q3-2010 Q3-2009 Q2-2010
Sales 84.8 89.7 92.4
Gross Profit 21.9 21.9 21.1
Gross Profit-Margin in % 25.8 24.4 22.9
EBITDA 10.4 11.6 12.1
EBITDA (adjusted) 12.5 11.6 12.1
EBITDA-Margin in % 12.3 12.9 13.0
EBITDA-Margin (adjusted) in % 14.7 12.9 13.0

The complete report is available for download in the course of the morning
of November, 11.

http://www.drillisch.de/index.php?page=reports&group=investor-e:reports

Maintal, den 10. November 2010

Drillisch AG
Executive Board

Contact:
Oliver Keil
Head of Investor Relations
Mail: ir@drillisch.de

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Language: English
Company: Drillisch AG
Wilhelm-Röntgen-Straße 1-5
63477 Maintal
Deutschland
Phone: +49 (0)6181 412 200
Fax: +49 (0)6181 412 183
E-mail: ir@drillisch.de
Internet: www.drillisch.de
ISIN: DE0005545503
WKN: 554550
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in München, Berlin, Düsseldorf, Stuttgart

End of Announcement DGAP News-Service

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