United Internet AG

Earnings Release • Aug 10, 2006

News Details

Ad-hoc | 10 August 2006 20:16

Record sales and earnings again for United Internet

Ad hoc announcement 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 Record sales and earnings again for United Internet Montabaur, August 10, 2006. The Management Board and Supervisory Board of United Internet AG today announced the Group’s consolidated results according to IFRS for the first half of 2006. The figures represent record levels of sales and earnings. Consolidated sales of United Internet AG were up some 78.0 % on the same period last year to stand at EUR 597.1 million (prior year: EUR 335.4 million). Earnings also made very strong progress: earnings before interest, taxes, depreciation and amortization (EBITDA) grew by 112.4 % from EUR 55.6 million (prior-year figure) to EUR 118.1 million. Earnings before taxes (EBT) of the United Internet Group rose by 100.4 % from EUR 45.7 million (prior-year figure) to EUR 91.6 million. Depreciation of tangible and intangible assets grew from EUR 10.9 million last year to EUR 26.2 million in the period under review. This figure includes around EUR 10.4 million for the amortization of identified and capitalized intangible assets in connection with company acquisitions, resulting from the takeover of WEB.DE’s portal business and CibleClick in late 2005 and the completed acquisition of Fasthosts in May 2006. Cash flow from operating activities rose to EUR 81.4 million (prior year: EUR 39.5 million). Earnings per share (EPS) amounted to EUR 0.21 (prior-year figure adjusted for share split: EUR 0.12). The number of fee-based customer contracts rose to 5.87 million as of June 30, 2006 (prior year: 3.94 million). Divided according to product lines, the customer contract figures comprise 1.11 million contracts in the field of Information Management (prior year: 0.43 million), 2.61 million in Webhosting (of which 1.06 million outside Germany. Prior year: 1.93 – of which 0.49 million outside Germany) and 2.15 million (prior year: 1.41 million) in Internet Access – of which 1.96 million DSL customers (prior year: 1.34 million). Up to 500 million telephone minutes were completed per month in the first half of 2006 (prior year: 90 million). The number of DSL connection customers also grew strongly, rising by 440,000 to 1.40 million (prior year: 0.52 million). In EUR million 1st half 1st half Growth 2006 2005 Sales 597.1 335.4 78.0 % EBITDA 118.1 55.6 112.4 % EBT 91.6 45.7 100.4 % EPS in EUR 0.21 0.12 75.0 % In EUR million 2nd quarter 2nd quarter Growth 2006 2005 Sales 311.5 177.5 75.5 % EBITDA 63.6 25.2 152.4 % EBT 50.1 20.2 148.0 % EPS in EUR 0.12 0.06 100 % 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: mschaps@united-internet.com Internet: www.united-internet.com (c)DGAP 10.08.2006 ————————————————————————— 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: Investor-Relations@United-Internet.de 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 —————————————————————————