Ad-hoc | 9 August 2001 07:31
United Internet AG
english
Ad hoc announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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Sales in first 6 months up 25.2% to EUR 114.2 million – improved earnings
Montabaur, August 09, 2001. United Internet has completed a successful first six
months in its fiscal year 2001. Compared with the same period last year,
consolidated sales were up 25.2 percent to EUR 114.2 million. The group’s
earnings also showed a positive development: earnings before interest, taxes and
depreciation (EBITDA) rose from EUR 1.5 million to EUR 7.9 million. Pre-tax
earnings (EBT) amounted to EUR -14.1 million (2000: EUR -20.2 million).
The pre-tax earnings figure includes goodwill amortization of EUR 6.3 million
(2000: EUR 5.2 million) and at-equity losses of EUR 3.1 million (2000: EUR 7.0
million). On the basis of these figures, the group’s earnings per share amounted
to EUR -0.26 (2000: EUR -0.25). Despite the improvement in consolidated
earnings in the first half of fiscal 2001, earnings per share were down on the
comparable period last year due mainly to the resulting increase in taxes.
In the first half of 2001 the group generated an operative cash flow of EUR 4.9
million (2000: EUR 2.0 million).
Individual results of core companies (prior-year values in brackets):
Subsidiary Sales in EBITDA in EBT in
EUR m. EUR m. EUR m.
1&1 Internet AG 53.1 (41.4) 7.9(3.4) 2.6 (-0.8)
twenty4help Knowledge
Service AG 38.6 (27.9) 8.2 (5.5) 4.6 (3.5)
GMX AG 3.7 (3.3) -2.1 (-3.7) -3.4 (-7.2)
AdLINK Internet Media
AG 13.2 (13.1) -8.5 (-3.5) -8.9 (-4.6)
Marcus Schaps
Press spokesman United Internet AG Tel.: +49 2602 96 1076 Fax.: +49 2602 96 1013
end of ad hoc announcement (c) DGAP 09.08.2001
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WKN: 508903; Index: NEMAX50
Listed: Neuer Markt in Frankfurt;
Freiverkehr in Stuttgart, München, Berlin, Bremen, Hamburg, Düsseldorf und
Hannover
090731 Aug 01