EANS-Adhoc: United Internet AG
United Internet on track
ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
20.04.2009
Montabaur, April 20, 2009. The Management Board of United Internet AG today announced the Group´s results according to IFRS for the first quarter of 2009. All key figures indicate a profitable core business developing in line with the company´s published forecasts.
Consolidated sales of United Internet AG grew by 5.3% over the previous year, from EUR 402.0 million to EUR 423.4 million. Earnings before interest, taxes, depreciation and amortization (EBITDA) were up slightly on the previous year at EUR 83.5 million (prior year: EUR 83.2 million) as were earnings before interest and taxes (EBIT) at EUR 70.7 million (prior year: EUR 70.4 million). As a result of negative profit contributions from associated companies and increased interest payments, earnings per share (EPS) amounted to EUR 0.16 (following EUR 0.19 in the previous year).
Quarterly comparison in EUR million; Q1 2008; Q1 2009; Change Sales; 402.0; 423.4; 5.3% EBITDA; 83.2; 83.5; 0.4% EBIT; 70.4; 70.7; 0.4%
Thanks to a business model based mostly on electronic subscriptions, the dominant "Product" segment succeeded in posting further growth - although there was a noticeable decline in the spending of advertising customers in the field of portal marketing.
The key financials of the "Online Marketing" segment were negatively influenced by the ongoing weakness of the online advertising market and by changes in the policy and algorithms of the company´s most important partner in the field of search engines.
Segment development in EUR million; Jan.-Mar. 2008; Jan.-Mar. 2009; Change Product segment Sales; 346.0; 372.8; 7.7% EBITDA; 77.2; 77.9; 0.9% EBIT; 64.9; 65.7; 1.2%
Online Marketing segment Sales; 55.8; 50.4; -9.7% EBITDA; 5.3; 3.0; -43.4% EBIT; 4.8; 2.5; -47.9%
The number of fee-based customer contracts as of March 31, 2009 rose to 8.24 million (prior year: 7.38 million) - due in part to the initial consolidation of united-domains AG as of March 2009.
Customer contracts in million; Mar. 31, 2008; Dec. 31, 2008; Mar. 31, 2009 Information Management; 1.24; 1.36; 1.41 Webhosting; 3.31; 3.62; 3.86 - of which abroad; 1.63; 1.93; 1.98 Internet Access; 2.83; 2.97; 2.97 - of which DSL; 2.70; 2.82; 2.82 - of which all-inclusive DSL packages; 0.20; 0.78; 1.05 - of which resale DSL/T-DSL; 2.50; 2.04; 1.77 Total; 7.38; 7.95; 8.24
The quarterly financial statements will be published together with the report on the 1st quarter of 2009 on May 13, 2009.
end of announcement euro adhoc
Further inquiry note:
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
Branche: Telecommunications Services
ISIN: DE0005089031
WKN: 508903
Index: Midcap Market Index, TecDAX, CDAX, HDAX, Prime All Share,
Technologie All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse Hannover / free trade
Börse München / free trade