Earnings Release • May 9, 2007
Earnings Release
Open in ViewerOpens in native device viewer
News Details
Ad-hoc | 9 May 2007 07:30
Successful Q1 2007 for United Internet
United Internet AG / Quarter Results
Release 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.
Ad hoc announcement acc. to Sec. 15 WpHG
Successful Q1 2007 for United Internet
Montabaur, May 9, 2007. The Management Board of United Internet AG today
announced the Group’s consolidated results according to IFRS for the first
quarter of 2007. Compared with the same period last year, there was once
again strong growth in all relevant financial ratios and customer figures.
In addition to strong organic growth, the financial figures are influenced
by the sale and deconsolidation of the United Internet Group subsidiary
twenty4help Knowledge Service AG. The sale resulted in extraordinary income
of around EUR 65.8 million, which is disclosed in the figures for the first
quarter of 2007 as Discontinued Operations in accordance with IFRS 5. Also
in accordance with IFRS 5, the following prior-year figures of the income
statement have been adjusted.
In the first quarter of 2007, consolidated sales revenues of the United
Internet Group grew by 29.4% to EUR 336.9 million (prior year: EUR 260.4
million). Earnings before interest, taxes, depreciation and amortization
(EBITDA) grew by 24.8% to EUR 63.4 million (prior year: EUR 50.8 million).
Earnings before taxes (EBT) from continued operations were increased by
27.8% to EUR 50.1 million (prior year: EUR 39.2 million). Despite increased
costs for the penetration of new business fields, the EBT margin thus
amounted to around 15%. Earnings per share reached EUR 0.41 (split-adjusted
prior-year figure: EUR 0.10) – of which EUR 0.28 (prior year: EUR 0.01)
resulted from discontinued operations.
In EUR million Jan. – March Jan. – March Growth
2007 2006
Sales 336.9 260.4 29.4%
EBITDA 63.4 50.8 24.8%
EBT (from continued operations) 50.1 39.2 27.8%
EPS in EUR 0.41 0.10 310.0%
Of which from continued 0.13 0.09 44.4%
operations
Of which from discontinued 0.28 0.01 2,700.0%
operations
The number of fee-based customer contracts grew to 6.63 million as of March
31, 2007 (prior year: 5.30 million). Of this total, the Information
Management product line accounted for 1.12 million contracts (prior year:
1.01 million), the Webhosting business for 3.00 million (prior year: 2.25
million), of which 1.37 million were outside Germany (prior year: 0.71
million), and Internet Access for 2.51 million contracts (prior year: 2.04
million), of which 2.36 million were DSL accounts (prior year: 1.84
million). Compared with March 31, 2006, the number of telephony customers
grew by 670,000 to 1.37 million. Up to 780 million telephone minutes were
completed per month (prior year: 480 million). The number of DSL connection
customers also continued to grow: it rose to 1.97 million (prior year: 1.23
million). This means that 83.5% (prior year: 66.8%) of the DSL access
customers receive both their internet access and DSL connection from United
Internet. 58.1% (prior year: 38.0%) of the DSL access customers also use
the DSL telephony product in addition to pure internet access.
Customer contracts (million) 31.03.2006 31.12.2006 31.03.2007
Information Management 1.01 1.09 1.12
Webhosting 2.25 2.86 3.00
of which abroad 0.71 1.26 1.37
Internet Access 2.04 2.44 2.51
of which DSL 1.84 2.27 2.36
Total 5.30 6.39 6.63
Information Management: excluding test contracts
Internet Access and DSL: excluding provider-independent VoIP flat rate
contracts
Marcus Schaps
Press spokesman United Internet AG
United Internet AG
Elgendorfer Strasse 57
56410 Montabaur
Germany
Tel: +49 2602/96-1076
Fax: +49 2602/96-1013
E-mail: [email protected]
Internet: www.united-internet.de
Language: English
Issuer: United Internet AG
Elgendorfer Straße 57
56410 Montabaur Deutschland
Phone: +49 (0)260 296-1631
Fax: +49 (0)260 296-1013
E-mail: [email protected]
www: www.United-Internet.de
ISIN: DE0005089031
WKN: 508903
Indices: TecDAX
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.