DGAP-News

1&1 Drillisch AG - Good Start to the Year

DGAP-News: 1&1 Drillisch Aktiengesellschaft / Key word(s): Quarterly / Interim Statement/Forecast 1&1 Drillisch AG - Good Start to the Year 11.05.2021 / 07:30 The issuer is solely responsible for the content of this announcement. 1&1 Drillisch AG - Good Start to the Year

- Customer contracts: + 140,000 to 14.97 million

- Revenues: + 3.5 percent to €973.7 million, thereof €762.1 million service revenues (+ 1.9 percent)

- EBITDA: €202.3 million, thereof €167.9 million comparable EBITDA (+ 2.4 percent)

- Earnings per share: €0.64 (previous year: €0.50)

- 2021 forecast confirmed

Maintal, 11 May 2021 - 1&1 Drillisch AG (ISIN DE 0005545503) was able to increase the number of customer contracts in comparison with 31 December 2020 by 140,000 to 14.97 million contracts in Q1 2021. Growth was based on mobile internet contracts, while the number of broadband lines remained stable at 4.31 million. Compared with Q1 2020, mobile internet customer contracts rose by 560,000.

Revenues rose by 3.5 percent to €973.7 million in Q1 2021 (Q1 2020: €940.7 million). Service revenues increased in Q1 2021 by 1.9 percent to €762.1 million (Q1 2020: €747.8 million).

Earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted to €202.3 million. This includes a (out-of-period) positive effect of €34.4 million from fiscal year 2020. On February 15, 2021, 1&1 Drillisch bindingly accepted Telefónica Deutschland's improved offer - after review by the EU Commission - for national roaming and, associated with this, also for MBA MVNO wholesale services with retroactive effect from July 1, 2020. Offered prices again provide for annually decreasing data prices, comparable to the pricing mechanisms of the first five years of the MBA MVNO contract. The offer accepted by 1&1 Drillisch is currently being converted into a national roaming contract. Precluding the aforementioned effect, comparable operating EBITDA rose by 2.4 percent to €167.9 million (Q1 2020: €164.0 million).