euro adhoc: United Internet AG
Financial Figures/Balance Sheet
United
Internet once again posts record figures. Earnings per share up 34.5%
-------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. --------------------------------------------------------------------------------
6-month report
12.08.2008
Ad hoc announcement acc. to Sec. 15 WpHG
United Internet once again posts record figures. Earnings per share up 34.5%
Montabaur, August 12, 2008. The Management Board and Supervisory Board of United Internet AG today adopted the Group's consolidated results according to IFRS for the first six months of 2008 - earnings per share were up by 34.5%.
Consolidated sales of United Internet AG grew by 16.7% in the first half of 2008, from EUR 698.0 million (comparable prior-year figure) to EUR 814.4 million. Adjusted for currency fluctuations, sales growth amounted to 18.6%. Earnings before interest, taxes, depreciation and amortization (EBITDA) grew by 20.9%, from EUR 142.1 million (comparable prior-year figure) to EUR 171.8 million. Due to the strategic investments in MSP Holding (freenet), Versatel and Drillisch, consolidated net income and earnings per share (EPS) were burdened by higher interest payments of around EUR 10 million and a negative net contribution to earnings from associated companies of EUR 10.2 million. Despite these negative effects, consolidated net income of the United Internet Group improved by 27.9%, from EUR 70.6 million (comparable prior-year figure) to EUR 90.3 million. Earnings per share (EPS) rose by 34.5% from EUR 0.29 (comparable prior-year figure) to EUR 0.39.
|Half-year comparison in EUR million |1st |1st |Growth | |(continued operations) |half-year|half-year| | | |2007* | | | | | |2008 | | |Sales |698.0 |814.4 |16.7%/18.6% | |EBITDA |142.1 |171.8 |20.9% | |Net income |70.6 |90.3 |27.9% | |EPS in EUR |0.29 |0.39 |34.5% |
*Results without positive special item in Q2/07
|Quarter comparison in EUR million |2nd |2nd |Growth | |(continued operations) |quarter |quarter | | | |2007* |2008 | | |Sales |361.1 |412.4 |14.2%/16.2% | |EBITDA |78.7 |88.6 |12.6% | |Net income |39.7 |45.2 |13.9% | |EPS in EUR |0.16 |0.20 |25% |
*Results without positive special item in Q2/07
The number of fee-based customer contracts grew to 7.7 million as of June 30, 2008 (31.12.2007: 7.15 million). Of this total, the Information Management product line accounted for 1.30 million (31.12.2007: 1.21 million), the Webhosting business for 3.51 million (31.12.2007: 3.21 million), of which 1.82 million were outside Germany (31.12.2007: 1.55 million), and Internet Access for 2.89 million (31.12.2007: 2.73 million), of which 2.76 million were DSL contracts (31.12.2007: 2.59 million). Around 60,000 further DSL contracts were still being processed at the end of the first half-year.
|Customer |31.12.2007 |31.03.2008 |30.06.2008 | |contracts in | | | | |million | | | | |Information |1.21 |1.24 |1.30 | |Management | | | | |Webhosting |3.21 |3.31 |3.51 | |thereof abroad|1.55 |1.63 |1.82 | |Internet |2.73 |2.83 |2.89 | |Access | | | | |thereof DSL* |2.59 |2.70 |2.76 | |Total |7.15 |7.38 |7.70 | *DSL contracts without prorated order backlog
end of announcement euro adhoc --------------------------------------------------------------------------------
Further inquiry note:
Marcus Schaps
Head of Press and Public Relations United Internet AG
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
Original content of: United Internet AG, transmitted by news aktuell