Company reports record figures again; earnings per share are up 36%

November 8, 2007

2 Min Read

MONTABAUR, Germany -- The Management Board of United Internet AG today adopted the Group's consolidated results according to IFRS for the first nine months of 2007. The figures reveal further record levels of sales and earnings. Earnings per share grew by 36%.

Consolidated sales of United Internet AG achieved year-on-year growth of 27.1% to EUR 1,073.1 million (comparable prior-year figure after deconsolidation and completed sale of twenty4help: EUR 844.4 million). Earnings before interest, taxes, depreciation and amortization (EBITDA) grew by 32.9% from EUR 177.2 million (comparable prior-year figure) to EUR 235.5 million. Earnings before taxes (EBT) of the United Internet Group improved by 29.6% from EUR 140.4 million (comparable prior-year figure) to EUR 182.0 million. These earnings figures include a non-recurring net positive effect from the Online Marketing segment in the second quarter of 2007 of EUR 16.8 million in EBITDA and of EUR 7.4 million in EBT. Earnings per share (EPS) climbed 117.1% from EUR 0.35 (split-adjusted prior-year figure) to EUR 0.76, of which EUR 0.28 (prior year: EUR 0.02) was from discontinued operations.

Table 1: Nine-month comparison in EUR million

Nine-month comparison in EUR million

9 months 2006

9 months 2007

Wachstum

Sales

844.4

1.073.1

27.1%

EBITDA

177.2

235.5

32.9%

EBITDA without one-off positive effect

177.2

218.7

23.4%

EBT

140.4

182

29.6%

EBT without one-off positive effect

140.4

174.6

24.4%

EPS in EUR

0.35

0.76

117.1%

Of which from continued operations

0.33

0.48

45.5%

Of which from discontinued operations

0.02

0.28

-

EPS in EUR (from continued operations) without one-off positive effect

0.33

0.45

36.4%





The number of fee-based customer contracts grew to 7.07 million as of September 30, 2007 (prior year: 6.05 million). Of this total, the Information Management product line accounted for 1.19 million (prior year: 1.07 million), the Webhosting business for 3.20 million (prior year: 2.73 million), of which 1.55 million were outside Germany (prior year: 1.16 million), and Internet Access for 2.68 million (prior year: 2.25 million), of which 2.54 million were DSL contracts (prior year: 2.07 million). In comparison with September 30, 2006 the number of telephony customers grew by 560,000 to 1.60 million. Over 800 million telephone minutes were completed per month (prior year: 540 million). The number of DSL connection customers also continued to grow: it rose to 2.19 million (prior year: 1.59 million).

United Internet AG

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