United Internet AG

Earnings Release • May 14, 2001

News Details

Ad-hoc | 14 May 2001 07:01

Ad hoc-Service: United Internet AG english

Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– Growth in 1st quarter of 30 % to EUR 60.9 million Montabaur, May 14, 2001. The first quarter of 2001 was a successful period for United Internet. Consolidated sales grew by 30 percent to EUR 60.9 million. The company’s key earnings figures also developed positively: EBITDA rose to EUR 2.5 million (previous year: EUR -1.1 million) and pre-tax earnings (EBT) improved to EUR -7.4 million (previous year: EUR -10.1 million). EUR 52.4 million (86 %) of total consolidated sales was generated by subsidiaries which disclosed positive EBT figures in the first quarter of 2001. Goodwill amortization of majority shareholdings within the Group amounted to EUR 3.2 million. Depreciation of intangible and tangible fixed assets totalled EUR 4.3 million for the Group as a whole. The losses of companies consolidated at- equity amounted to EUR 2.1 million. On the basis of these results, the company posted DVFA-based earnings per share of EUR -0.13 (previous year: EUR -0.18), after elimination of goodwill amortization amounting to EUR -0.06 (previous year: EUR -0.11). As of March 31, 2001 the Group’s cash flow from operations totalled EUR 1.2 million (previous year: EUR 0.8 million). Individual results of core companies (prior-year values in brackets): Subsidiary Sales in EBITDA in EBT in EUR m. EUR m. EUR m. 1&1 Internet AG 26.4 (21.4) 3.2 (1.4) 0.9 (-0.6) twenty4help Knowledge Service AG 20.6 (13.1) 4.3 (2.4) 2.5 (1.7) GMX AG 1.6 (1.2) -1.8 (-2.7) -2.4 (-2.9) AdLINK Internet Media AG 7.0 (5.6) -4.3 (-1.4) -4.5 (-2.1) Over 10 million users utilize the services of the United Internet network, generating approx. 600 million page impressions per month. Marcus Schaps Press Spokesman United Internet AG Tel.: +49 2602 96 1076 Fax.: +49 2602 96 1013 end of ad hoc announcement (c) DGAP 14.05.2001 ——————————————————————————– WKN: 508903; Index: NEMAX50 Listed: Neuer Markt in Frankfurt; Freiverkehr in Stuttgart, München, Berlin, Bremen, Hamburg, Düsseldorf und Hannover 140701 Mai 01