EQS-News
United Internet gets off to successful start in fiscal year 2024 - Seite 2
Earnings per share (EPS) declined from EUR 0.43 to EUR 0.35. In addition to the development of EBIT (EPS effect: EUR -0.01), this was due to a lower result from associated companies (EPS effect: EUR -0.03), as well as increased interest expenses and a higher tax ratio (EPS effect in total: EUR -0.04).
Cash capex in the first quarter of 2024 amounted to EUR 139.7 million (prior year: EUR 144.8 million).
Outlook 2024
After concluding the first quarter of 2024, United Internet can confirm its full-year guidance and expects an increase in consolidated sales to approx. EUR 6.5 billion (2023: EUR 6.213
billion) as well as EBITDA growth to approx. EUR 1.42 billion (2023: EUR 1.30 billion). Cash capex is expected to be 10 – 20% above the prior-year figure (2023: EUR 756 million).
About United Internet
With over 28 million fee-based customer contracts and more than 39 million ad-financed free accounts, United Internet AG is a leading European internet specialist. At the heart of United Internet is a high-performance “Internet Factory” with 11,000 employees. In addition to the high sales strength of its established brands (such as 1&1, GMX, WEB.DE, IONOS, STRATO, and 1&1 Versatel), United Internet stands for outstanding operational excellence.
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Contact partner
United Internet AG
Lisa Pleiß
Phone +49 2602 96-1616
presse@united-internet.de
Note
In the interests of clear and transparent reporting, the annual financial statements and interim statements of United Internet AG, as well as its ad-hoc announcements pursuant to Art. 17 MAR, contain additional financial performance indicators to those required under International Financial Reporting Standards (IFRS), such as EBITDA, EBITDA margin, EBIT, EBIT margin and free cash flow. Information on the use, definition and calculation of these performance measures is provided in the Annual Report 2023 of United Internet AG on page 58.