• 03.11.2009, 21:46:08
  • /
  • OTS0347 OTW0347

EANS-Adhoc: United Internet with strong 3rd quarter 2009: EBITDA +21.5%, EBIT +26.0% - Forecast upgraded once again

--------------------------------------------------------------------------------
ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
--------------------------------------------------------------------------------

03.11.2009

United Internet with strong 3rd quarter 2009: EBITDA +21.5%, EBIT +26.0%

Forecast upgraded once again

Montabaur, November 3, 2009. The Management Board of United Internet AG (ISIN
DE0005089031) today announced the Group´s results according to IFRS for the 3rd
quarter of 2009. The Group once again succeeded in significantly raising all
key operating figures in comparison with the prior-year period.

3rd quarter 2009
In the 3rd quarter of 2009, consolidated sales of United Internet AG grew by
4.4% over the same quarter last year, from EUR 391.7 million (comparable prior-
year figure after sale and deconsolidation of the AdLINK Display Marketing
business in the 3rd quarter of 2009) to EUR 409.1 million. Ordinary earnings
before interest, taxes, depreciation and amortization (EBITDA) improved by
21.5%, from EUR 78.5 million (comparable prior-year figure) to EUR 95.4
million. Ordinary earnings before interest and taxes (EBIT) grew by 26.0% from
EUR 65.1 million (comparable prior-year figure) to EUR 82.0 million. Including
non-recurring income of EUR 50.2 million from the sale of directly held freenet
shares, EBITDA rose to EUR 145.6 million and EBIT to EUR 132.2 million.
Earnings per share (EPS) improved from EUR -0.45 last year (including EUR -0.63
from write-downs) to EUR 0.43. This amount includes EUR 0.19 from positive non-
recurring income on balance of EUR 45.2 million (sale of freenet shares, write-
ups of the MSP holding and write-downs especially for the Versatel shares) as
well as EUR 0.03 from discontinued operations.

|Group                            |3rd quarter  |3rd quarter  |Change       |
|Quarterly comparison (in EUR     |2008*        |2009         |             |
|millions)                        |             |             |             |
|Sales                            |391.7        |409.1        |4.4%         |
|EBITDA                           |78.5         |95.4         |21.5%        |
|EBITDA incl. one-off income      |78.5         |145.6        |85.5%        |
|EBIT                             |65.1         |82.0         |26.0%        |
|EBIT incl. one-off income        |65.1         |132.2        |103.1%       |

* Prior-year figures adjusted after sale and deconsolidation of the AdLINK
Display Marketing business

First 9 months of 2009
In the first nine months of 2009, consolidated sales of United Internet AG grew
by 5.1% over the same period last year, from EUR 1,165.2 million to EUR 1,224.8
million. Ordinary earnings before interest, taxes, depreciation and
amortization (EBITDA) improved by 8.1%, from EUR 248.9 million (comparable
prior-year figure) to EUR 269.1 million. Ordinary earnings before interest and
taxes (EBIT) grew by 9.4% from EUR 209.8 million (comparable prior-year figure)
to EUR 229.6 million. Including non-recurring income of EUR 50.2 million from
the sale of directly held freenet shares, EBITDA rose to EUR 319.3 million and
EBIT to EUR 279.8 million. Earnings per share (EPS) improved from EUR -0.06
last year (including EUR -0.63 from write-downs) to EUR 0.79. This amount
includes EUR 0.19 from positive non-recurring income on balance of EUR 45.2
million (sale of freenet shares, write-ups of the MSP holding and write-downs
especially for the Versatel shares) as well as EUR 0.03 from discontinued
operations.

|Group                            |Jan.-Sept.   |Jan.-Sept.   |Change       |
|9-month comparison (in EUR       |2008*        |2009         |             |
|millions)                        |             |             |             |
|Sales                            |1,165.2      |1,224.8      |5.1%         |
|EBITDA                           |248.9        |269.1        |8.1%         |
|EBITDA incl. one-off income      |248.9        |319.3        |28.3%        |
|EBIT                             |209.8        |229.6        |9.4%         |
|EBIT incl. one-off income        |209.8        |279.8        |33.4%        |

* Prior-year figures adjusted after sale and deconsolidation of the AdLINK
Display Marketing business

Including approx. 700,000 freenet DSL contracts, the number of fee-based
customer contracts grew to 9.17 million as of September 30, 2009. The technical
migration of freenet customers is expected to be fully completed on schedule
next month.

|Customer contracts               |Dec. 31,     |June 30,     |Sept. 30,    |
|in millions                      |2008         |2009         |2009         |
|Information Management           |1.36         |1.46         |1.52         |
|Webhosting                       |3.62         |3.96         |4.05         |
|- of which abroad                |1.93         |2.07         |2.14         |
|Internet Access*                 |2.97         |3.63         |3.60         |
|- of which DSL*                  |2.82         |3.47         |3.44         |
|   - of which all-inclusive DSL  |0.78         |1.58         |1.70         |
|packages                         |             |             |             |
|   - of which resale-DSL / T-DSL |2.04         |1.89         |1.74         |
|Total *                          |7.95         |9.05         |9.17         |


* Including freenet DSL

Outlook
United Internet expects further contract growth in the product lines

Information Management and Webhosting in the 4th quarter. In its  DSL  business,
the turnaround will continue - after a decline of 50,000 contracts  in  the  2nd
quarter  and  30,000  in  the  3rd  quarter,  the  company  expects  a   further
improvement also in the 4th quarter.

Due to its healthy business development, United Internet AG has raised its
earnings forecasts for 2009 once again. After the company´s Management Board
already raised its growth forecast for EBITDA and EBIT to 5% on the

announcement of its half-year figures, an increase of approx. 8% over the
comparable prior-year figures is now expected for EBITDA and EBIT.

The 9-month report of United Internet AG will be published on November 12,
2009.

Further inquiry note:
Marcus Schaps
Head of Press and Public Relations
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
Ende der Mitteilung euro adhoc
--------------------------------------------------------------------------------

issuer:   United Internet AG
          Elgendorfer Straße 57
          D-56410 Montabaur
phone:    +49 (0) 2602 96-1100
FAX:      +49 (0) 2602 96-1013
mail:     investor-relations@united-internet.de
WWW:      http://www.united-internet.de
sector:   Telecommunications Services
ISIN:     DE0005089031
indexes:  Midcap Market Index, TecDAX, CDAX, HDAX, Prime All Share, Technologie
          All Share

stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, Hannover, München
language: English

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS - WWW.OTS.AT | OTB

Bei Facebook teilen.
Bei X teilen.
Bei LinkedIn teilen.
Bei Xing teilen.
Bei Bluesky teilen

Stichworte

Channel