1&1 AG — Earnings Release 2010

Feb 7, 2011

News Details

Ad-hoc | 7 February 2011 07:40

Drillisch AG: Preliminary results beats guidance. Outlook 2011 – EBITDA guidance of 52 million Euro – Significant dividend increase for agm on May 27

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

07.02.2011 07:40

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Drillisch AG: The prelim. EBITDA (adj.) increased by 13.2 % to 49.3m EUR
(2009: 43.5m EUR) reaching a new record; Sales improved by 5.2% to 362.5m
EUR (2009: 344.5m EUR)

Maintal, 07 February 2011 - The mobile-communications service provider
Drillisch AG (ISIN DE 0005545503) improved its results of the operating
business for the ninth consecutive year. With 2.431 million subscribers
(2009: 2.250 million) Drillisch reached sales of 362.5 million Euro, an
increase of 5.2 % compared with the 344.5 million Euro reached in FY-2009.

EBITDA reached a record again and surpassing the increased guidance:
In 2010, the EBITDA (adjusted) rose by about 5.8 million Euro or 13.2 % to
49.3 million Euro (2009: 43.5 million Euro) and improved significantly not
only the result of 2009 but the increased guidance of 48 million Euro (old:
46 million Euro) as well. The EBITDA margin improved by one percentage
point to 13.6 % (2009: 12.6 %).

Gross Profit rose by 7.5 million Euro or 9.3 % to 88.4 million Euro (2009:
80.9 million Euro). Gross Profit margin improved by 0.9 percentage point to
24.4 % (2009: 23.5 %).

Net financial liabilities reduced clearly:
Net financial liabilities were reduced by 29.3 million Euro (2009: 52.6
million Euro)

Subscriber Growth:
All over 2010, the positive subscriber development was continuing. Whilst
postpaid subscribers increased by 21.3 % or 209,000 subscribers there was
only a marginal decline of 2.2 % or 20,000 subscribers in the prepaid
sector. Overall, this is an increase of 8 % to 2.431 million subscribers.
The ratio of prepaid to postpaid subscribers improved to 51 % to 49% in
comparison with 56 % to 44 % in the previous year.

Clear improvement in sales on a quarterly basis:
Sales of Q4-2010 rose by 8.9 % or 8.3 million Euro to 100.7 million Euro
(Q4-2009: 92.4 million Euro). Compared with the third quarter of 2010,
sales increased from 84.8 million Euro by 15.9 million Euro or 18.7 %.

All figures are based on preliminary calculations prior to the final
consolidation and completion of audit. Upon approval of the final annual
financial statements by the Supervisory Board, a press and analyst
conference will be held in 25 March 2011 during which the annual financial
statements will be presented in more detail.

Outlook 2011:
The management board is expecting a positive development in the number of
subscribers and an EBITDA of 52 million Euro.

Dividend for FY-2010:
Because of the positive earnings development from operations, the
management board is intending to propose a dividend of 0.50 Euro per share
for fiscal 2010 to the supervisory board. Therewith, dividend is increasing
by 70 % compared with previous year. Dividend from our holding in freenet
is not yet included in this proposal.

Preliminary unaudited consolidated figures pursuant to IFRS

in million Euro prelim. results 2009 Change in %
2010
Sales 362.5 344.5 +5.2 %
Gross Profit 88.4 80.9 +9.3 %
EBITDA (adjusted) 49.3 43.5 +13.2 %
EBITDA 46.1 50.7 -8.9 %
Net financial 29.3 52.6 -44.2 %
liabilities
Subscribers as per 31/12 2.431 million 2.250 million +8.0 %

These figures are preliminary and unaudited. The Annual Report 2010 will be
published on 25 March 2011 under the following link
http://www.drillisch.de/index.php?page=berichte&group=investor:berichte

Maintal, 07. February 2011
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 Berlin, Düsseldorf, München, Stuttgart

End of Announcement DGAP News-Service

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