KARLSRUHE/BERLIN (dpa-AFX) - Internet service provider Ionos < Ionos> intends to further increase its sales and profit margin in the next two years. Growth will be driven by higher prices, new customer acquisition and new products in the field of artificial intelligence, among other things, the United Internet subsidiary announced in Karlsruhe on Tuesday. Ionos is planning currency-adjusted revenue growth of around eleven percent for the coming year. The internet service provider expects to generate 1.42 billion euros in 2023. The share increased its gains to almost five percent on Tuesday.

The adjusted earnings margin before interest, taxes, depreciation and amortization (EBITDA margin) is expected to be around 28.5 percent (forecast for 2023: around 27.5 percent). At Ebitda level, an adjusted figure of 450 million euros should then be generated. According to information from November, Ionos expects this figure to be EUR 390 million in 2023.

For 2025, the web hosting company then expects "unabated strong growth" and a further increase in the adjusted EBITDA margin to around 30 percent. Ionos went public in February 2023. According to Ionos, United Internet still holds just under 64 percent of its subsidiary./stk/tih