United Internet AG

Earnings Release • Aug 14, 2013

News Details

Ad-hoc | 14 August 2013 07:23

Successful first six months of 2013 for United Internet

United Internet AG / Key word(s): Quarter Results/Change in Forecast

14.08.2013 07:23

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

---

• Sales up 10.3% to new all-time high of EUR 1.283 billion
• EBITDA grows 17.8% to EUR 175.1 million
• EPS improves 34.4% to EUR 0.43
• Customer forecast for full year 2013 increased, sales and earnings
  expectations confirmed

Montabaur, August 14, 2013. United Internet AG has continued its growth
course in the first six months of 2013. There were further strong
improvements in sales, the number of customer contracts and key earnings
ratios. At the same time, the company once again invested heavily in the
establishment and development of new business fields in order to tap
sustainable growth potential for the future.

Development of the Group
In the first six months of 2013, consolidated sales of United Internet AG
were increased to EUR 1.283 billion - representing year-on-year growth of
10.3%.

There was also a sharp rise in United Internet's customer figures in the
first half of 2013: with the addition of 660,000 contracts to 12.7 million
customer contracts, the company even surpassed its strong growth of the
first half-year 2012 (610,000 contracts).

With further heavy investments in new business fields - albeit at a lower
level thanks to rising customer figures - (EBITDA-effective start-up losses
of EUR 61.8 million in the first half of 2013 compared to EUR 72.7 million
in the previous year), United Internet also succeeded in significantly
improving its earnings figures: earnings before interest, taxes,
depreciation and amortization (EBITDA) rose by 17.8%, from EUR 148.6
million last year to EUR 175.1 million. Earnings before interest and taxes
(EBIT) climbed 24.8%, from EUR 103.7 million in the previous year
(comparable prior-year figure without Sedo impairment charges) to EUR 129.4
million. Earnings per share (EPS) improved by 34.4%, from EUR 0.32 to EUR
0.43.

Free cash flow underlines the entire Group's ability to generate very
healthy levels of cash - while at the same time achieving strong
qualitative growth. Despite consistently high investments in new business
fields and very strong customer growth, this figure remained high at EUR
82.9 million.

Group development Jan. - June Jan. - June Change
(in EUR million) 2013 2012*
Sales 1,283.0 1,163.5 + 10.3%
EBITDA 175.1 148.6 + 17.8%
EBIT 129.4 103.7 + 24.8%
EPS (in EUR) 0.43 0.32 + 34.4%

* Without negative special items (Sedo impairment charges) of Q2 2012: EBIT
effect: EUR -46.3 million; EPS effect: EUR -0.24

With the figures for customer contracts, sales and earnings reached in the
first six months of 2013, United Internet is well on course. Against this
backdrop, the company increases the customer forecast for the full year
2013. United Internet now expects a number of approx. 1.1 million new
contracts, which means 100,000 contracts more than previously estimated.
Despite the associated higher marketing and sales spending, the sales and
earnings guidance is unchanged.

The report on the first six months of 2013 and an overview of all key
performance indicators can be accessed at www.united-internet.de in the
Investor Relations / Publications section.

Contact:
Marcus Schaps
Head of Press and Public Relations
United Internet AG
Elgendorfer Strasse 57
56410 Montabaur
Germany
Tel: +49 2602/96-1076
Fax: +49 2602/96-1013
E-mail: mschaps@united-internet.de
Internet: www.united-internet.de

14.08.2013 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---

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: TecDAX
Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard);
Freiverkehr in Düsseldorf, Hamburg, Hannover, München,
Stuttgart

End of Announcement DGAP News-Service

---