United Internet AG
ISIN: DE0005089031
WKN: 508903
08 August 2024 07:30AM

EQS-News: United Internet publishes final figures for first half-year 2024

United Internet AG · ISIN: DE0005089031 · EQS - Company News
Land: Deutschland · Primärmarkt: Deutschland · EQS News ID: 1963315

EQS-News: United Internet AG / Key word(s): Half Year Results
United Internet publishes final figures for first half-year 2024

08.08.2024 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.


United Internet publishes final figures for first half-year 2024

  • Customer contracts: + 330,000 to 28.78 million contracts
  • Sales: + 2.8% to EUR 3.100 billion
  • EBITDA: - 1.0% to EUR 662.3 million due to EUR -70.2 million higher start-up costs for 1&1 mobile network (compared to prior-year period)
  • Guidance 2024: sales approx. EUR 6.4 billion, EBITDA approx. EUR 1.38 billion, cash capex 15-25% up on previous year

Montabaur, August 8, 2024. United Internet AG has published its final performance figures for the first half of 2024. The Company had already announced preliminary half-year figures and downgraded its full-year guidance on August 2, 2024.

In the first half of 2024, the total number of fee-based customer contracts increased by 330,000 to 28.78 million contracts. Of this amount, 90,000 contracts were added in the Consumer Access segment and 130,000 contracts in the Business Applications segment. A further 110,000 contracts were gained in the Consumer Applications segment.

Sales grew by 2.8% in the first half of 2024, from EUR 3,014.2 million in the previous year to EUR 3,099.9 million. This merely moderate sales growth was mainly due to a decline in hardware revenues (especially smartphones) in the Consumer Access segment (EUR -37.5 million compared to H1 2023) as well as lower after-market sales in the Business Applications segment (EUR -18.8 million compared to H1 2023). These low-margin hardware and after-market revenues have only a very minor impact on earnings.

EBITDA in the first half of 2024 amounted to EUR 662.3 million (prior year: EUR 668.7 million). This figure includes increased expenses for the rollout of 1&1’s mobile network of EUR -111.0 million (prior-year period: EUR -40.8 million), of which EUR -14.3 million related to out-of-period expenses from subsequent billing for the network rollout in 2022 and 2023.

In addition to network rollout costs and out-of-period expenses, EBIT was additionally burdened by increased depreciation of EUR -257.9 million (H1 2023: EUR -204.7 million) resulting in particular from investments in the expansion of 1&1 Versatel’s fiber-optic network and 1&1’s mobile network. As a result, it amounted to EUR 347.4 million (H1 2023: EUR 407.1 million).

Adjusted for a non-cash writedown on the investment in Kublai / Tele Columbus (EPS effect: EUR -0.99), EPS declined from EUR 0.83 to EUR 0.61. In addition to the development of EBIT (EPS effect: EUR -0.15), this was due to a lower result from associated companies (EPS effect: EUR -0.04), as well as increased interest expenses (EPS effect: EUR -0.03).

Cash capex in the first half of 2024 amounted to EUR 284.4 million (prior year: EUR 301.3 million).

Outlook 2024

On August 2, 2024, United Internet adjusted its full-year guidance and now expects sales of approx. EUR 6.4 billion in 2024 (previous guidance: approx. EUR 6.5 billion; 2023: EUR 6.213 billion). EBITDA is expected to amount to approx. EUR 1.38 billion, including out-of-period expenses of EUR -14.3 million, or approx. EUR 1.39 billion without out-of-period expenses (previous guidance: approx. EUR 1.42 billion; 2023: EUR 1.30 billion).

Cash capex is likely to be 15-25% above the prior-year figure (previous guidance: 10-20% above the prior-year figure; 2023: EUR 756 million). This increase is due to the establishment of the Company’s own stock of network components, which were previously stored by expansion partners.

An overview of all key figures and the Half-year Financial Report 2024 are available online at www.united-internet.de.


About United Internet

With over 28 million fee-based customer contracts and around 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.

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.



08.08.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: United Internet AG
Elgendorfer Straße 57
56410 Montabaur
Germany
Phone: +49 (0)2602 / 96 - 1100
Fax: +49 (0)2602 / 96 - 1013
E-mail: info@united-internet.de
Internet: www.united-internet.de
ISIN: DE0005089031
WKN: 508903
Indices: MDAX, TecDAX
Listed: Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1963315

 
End of News EQS News Service

1963315  08.08.2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1963315&application_name=news&site_id=boersengefluester~~~ace3d64b-2049-452a-8d18-fbc8044c4b5f

Zur besseren Einschätzung der fundamentalen Entwicklung der jeweiligen Unternehmen bietet boersengefluester.de (BGFL) eine Übersicht mit den wesentlichen Kennzahlen zu Umsatz, Ergebnis, Cashflow und Dividende. Sämtliche Angaben werden manuell in unserer Datenbank erfasst – Quelle sind die jeweiligen Geschäftsberichte. Sofern es sich um Schätzungen für künftige Zahlen handelt, stammen sie durchweg von BGFL. 

Die wichtigsten Finanzdaten auf einen Blick
  2019 2020 2021 2022 2023 2024e 2025e
Umsatzerlöse1 5.194,09 5.367,25 5.646,18 5.915,06 6.213,22 6.350,00 0,00
EBITDA1,2 1.265,70 1.048,90 1.303,74 1.262,53 1.178,02 1.380,00 0,00
EBITDA-Marge3 24,37 19,54 23,09 21,34 18,96 21,73 0,00
EBIT1,4 811,09 574,86 829,86 781,41 753,96 0,00 0,00
EBIT-Marge5 15,62 10,71 14,70 13,21 12,14 0,00 0,00
Jahresüberschuss1 538,96 368,76 523,15 464,74 362,24 0,00 0,00
Netto-Marge6 10,38 6,87 9,27 7,86 5,83 0,00 0,00
Cashflow1,7 935,03 954,10 987,79 991,82 1.018,03 0,00 0,00
Ergebnis je Aktie8 2,13 1,54 2,22 1,96 1,33 0,52 1,58
Dividende8 0,50 0,50 0,50 0,50 0,50 0,50 0,50
Quelle: boersengefluester.de und Firmenangaben
Legende

1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: PricewaterhouseCoopers

Alle relevanten Bewertungskennzahlen, Termine und sonstige Investor-Informationen zu Ihrer Aktie kompakt zusammengefasst. Gut zu wissen: Sämtliche Daten stammen von boersengefluester.de werden täglich aktualisiert. Damit sind Sie immer auf dem neuen Stand. Kurze Erkärungen zu den Kennzahlen bekommen Sie, wenn Sie mit dem Cursor bzw. der Maus auf das jeweilige Feld gehen.

INVESTOR-INFORMATIONEN
©boersengefluester.de
United Internet
WKN ISIN Rechtsform Börsenwert IPO Einschätzung Plus Code
508903 DE0005089031 AG 2.864,64 Mio € 23.03.1998 Kaufen 9F29CRP6+6W
* * *
KGV 2026e KGV 10Y-Ø BGFL-Ratio Shiller-KGV KBV KCV KUV
9,44 20,97 0,45 8,46 0,60 2,81 0,46
Dividenden
Dividende '2022
in €
Dividende '2023
in €
Dividende '2024e
in €
Div.-Rendite '2024e
in %
0,50 0,50 0,50 3,35%
Finanztermine
Hauptversammlung Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
15.05.2025 12.05.2025 07.08.2025 12.11.2024 27.03.2025
Performance-Angaben
Abstand 60-Tage-Linie Abstand 200-Tage-Linie Performance YtD Kursveränderung 52 Wochen IPO
Akt. Kurs (EoD)
-0,33%
14,92 €
ATH 59,80 €
-11,54% -22,91% -4,79% -33,57% +1.362,75%

Werbung ist für uns ein wichtiger Einnahmekanal. Aber wir verstehen, dass sie manchmal lästig wird. Wenn Sie die Anzahl der angezeigten Werbung reduzieren möchten, loggen Sie sich einfach in Ihr Benutzerkonto ein und verwalten Sie die Einstellungen von dort aus. Als registrierter Benutzer erhalten Sie viele Vorteile.
          Qualitätsjournalismus · 2013-2025 · Made in Germany          
Die Analyse-Manufaktur

Informierte Anleger treffen bessere Entscheidungen

Auf dem 2013 von Gereon Kruse gegründeten Finanzportal boersengefluester.de dreht sich alles um deutsche Aktien – mit klarem Schwerpunkt auf Nebenwerte. Neben klassischen redaktionellen Beiträgen sticht die Seite insbesondere durch eine Vielzahl an selbst entwickelten Analysetools hervor. Basis sämtlicher Tools ist eine komplett selbst gepflegte Datenbank für mehr als 650 Aktien. Damit erstellt boersengefluester.de Deutschlands größte Gewinn- und Dividendenprognose.

Kontakt

Idee & Konzept: 3R Technologies   
boersengefluester.de GmbH Copyright © 2025 von Gereon Kruse #BGFL