KARLSRUHE (dpa-AFX) - Internet service provider Ionos grew significantly last year thanks to increased new customer acquisition and the sale of additional products. Compared to the previous year, sales rose by a tenth to a good 1.4 billion euros in 2023, as the United Internet subsidiary announced in Karlsruhe on Thursday. Despite continued high advertising expenditure, earnings before interest, taxes, depreciation and amortization (EBITDA) adjusted for one-off effects climbed by almost 13 percent to 390 million euros.

In December, Ionos announced its intention to grow further and become more profitable by 2025. The mobile communications sister company 1&1 and the parent company United Internet are also aiming for further growth in the current year. Ionos was floated on the stock exchange by United Internet just over a year ago. Like the shares of 1&1, the Ionos share is listed on the SDax. The shares of the parent company United Internet are listed in the MDax./ngu/mis/zb