1&1 AG — Earnings Release 2010

Aug 11, 2010

News Details

Ad-hoc | 11 August 2010 14:59

Drillisch AG: Best result in the history of the company

Drillisch AG / Half Year Results/Miscellaneous

11.08.2010 14:59

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Drillisch AG: Best result in the history of the company: Turnover +9.0%
to EUR177.0m (prev. year: EUR162.4m); EBITDA +8.8% to EUR23.0m (prev. year:
EUR21.2m); Subscribers +3.1 percent to 2.290 million (H1-2009: 2.221m)

Maintal, 11 August 2010 - Again, the mobile-communications service provider
Drillisch (ISIN DE 0005545503) improved all of the key figures in the first
six months of fiscal 2010. The strategic decision to focus on discount and
mobile internet customers, which Drillisch AG took back in 2005 and started
implementing in good time, has proven to be the right decision and is
currently driving our business success to a major extent. We confirm the
EBITDA guidance of Euro 46 million for fiscal year 2010, which marks an
increase of Euro 2.5 million or app. 5.7 percent compared with fiscal year
2009 (EBITDA Euro 43.5 million).

Dynamic sales developmentamic sales development

In the second quarter, turnover increased by 9.3 percent to Euro 92.4
million (Q2-2009: 84.5 million Euro), a continuation of the increase of the
first quarter (+8.7%). In the first six months of the year turnover
increased by 9.0 percent or Euro 14.6 million to Euro 177.0 million (H1
2009: Euro 162.4 million).

Gross profit increase outperformed sales development, beating last years
record as well

Gross profit improved over the first six months, rising by Euro 4.1 million
or 10.7 percent to Euro 42.2 million (H1-2009: 38.1 million Euro). At 23.8
percent, the gross profit margin even exceeded the already excellent result
for the same period last year (H1 2009: 23.4 percent).

EBITDA exceeded last years record results

EBITDA increased by 8.8% to Euro 23.0 million (H1-2009: Euro 21.2 million)
EBITDA-Margin came to 13 percent (H1-2009: EBITDA-Margin 13 percent).

Consolidated Profit and earnings per share

The consolidated result amounted to Euro 13.8 million (H1 2009: Euro 55.8
million incl. freenet allocation of Euro 42 million). At Euro 0.26,
earnings per share was on a par with the previous year (H1 2009: Euro 0.27
excl. freenet). The calculation of this key figure is, however, based on
53,189,015 shares in the first half of 2010 and, as such, 2.87 million
shares more than were included in the figure for the same period last year
(50,322,440 shares).

Subscribers growth through strong post-paid performance (+19.3%)

The subscriber base grew by 3.1 percent overall to 2.290 million
subscribers during the period under review (H1 2009: 2.221 million
subscribers). By year-on-year comparison, the post-paid subscriber base has
increased by 175,000 to 1.084 million and currently accounts for 47.3
percent of all subscribers (previous year: 40.9 percent). This equates to
an increase of 6.4 percent compared with the first half of 2009 and of 3.7
percent compared with the end of 2009. The pre-paid subscriber base was
affected by adjustments to remove non-active subscribers in the first half
of 2010 and accordingly decreased by year-on-year comparison by 106,000 to
1.206 million subscribers.

The Drillisch Group at a glance (final figures)

in million Euro 30.06.2010 30.06.2009 change in %

Sales 177.0 162.4 + 9.0
EBITDA 23.0 21.2 + 8.8
EBITDA-Margin in % 13.0% 13.0%
EBIT 20.1 18.0 +12.0
EBIT-Margin in% 11.4% 11.1%
EBT (prev. year adjusted for 19.7 17.6 +12.5
freenet)
EBT-Margin in % (prev. year 11.2% 10.8%
adjusted for freenet)
Consolidated profit (prev. year 13.8 13.8
adjusted for freenet)
Cash Flow from curr. business 14.9 13.9 + 7.2
operations
earnings per share* (prev. year 0.26 0.27
adjusted for freenet)
Subscribers (in million) 2.290 2.221 + 3.1

* The calculation of earnings per share is, however, based on 53,189,015
shares in the first half of 2010. For the same period last year, 2.87
million shares more were included (50,322,440 shares).

The complete report is available for download in the course of tomorrow
morning.

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

Maintal, 11 August 2010

Drillisch AG

Executive Board

Contact:

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

11.08.2010 Ad hoc announcement, Financial News and Press Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.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

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