ots Ad hoc-Service: United Internet AG <DE0005089007> United Internet grows by 82.5 %
Dynamic growth in first 9 months
Montabaur (ots Ad hoc-Service) -
Ad hoc-announcement edited and sent by DGAP. The sender is solely responsible for the contents of this announcement.
The first nine months of 2000 have been a further period of success for United Internet AG. Sales of affiliates belonging to the United Internet network rose by 82.5 percent over the same period last year to reach EUR 170.8 million. The consolidated sales figure for the Group's majority shareholdings grew by 63 percent to EUR 138.6 million.
After adjustment for non-cash relevant items concerning employee profit-sharing programs, at-equity losses and goodwill amortization included under US-GAAP accounting, the result from ordinary activities amounted to EUR -8.8 million. This figure includes losses incurred by GMX, which are fully consolidated for the first time in 2000. In a direct comparison of the consolidated figures for the same period last year (without GMX), earnings for the first nine months improved from EUR -5.0 million to EUR -2.7 million. DVFA-based earnings per share amounted to EUR -0.41, or EUR -0.21 after elimination of goodwill amortization. The Group's losses result mainly from the rapid implementation of its international expansion program. With a current total of 39 offices in 16 European countries, the companies belonging to the United Internet network have strengthened their European presence considerably.
Contact:
Marcus Schaps United Internet AG Phone: +492602/96-1076 Fax:
+492602/96-1013 E-mail: mschaps@united-internet.de
Ende of message
Internet: http://recherche.newsaktuell.de
Original-Content von: United Internet AG, übermittelt durch news aktuell