United Internet AG: United Internet updates its guidance for 2020
August 11, 2020 at 06:20 am EDT
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DGAP-Ad-hoc: United Internet AG / Key word(s): Change in Forecast
United Internet AG: United Internet updates its guidance for 2020
11-Aug-2020 / 12:14 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Montabaur, August 11, 2020. In view of the development of business so far in 2020, United Internet AG is updating its full-year sales guidance and now anticipates sales growth of approx. 4% (prior year: EUR 5,194.1 million). EBITDA is still expected to be on a par with the previous year (EUR 1,265.7 million). Guidance continues to be subject to uncertainty, as an assessment of the duration and further impact of the coronavirus pandemic is currently not exactly possible.
Figures for the first six months of 2020 will be published as announced on August 13, 2020.
Note
In the interests of clear and transparent reporting, the annual financial statements and interim statements of United Internet AG, as well as its ad-hoc announcements pursuant to Art. 17 MAR, contain additional financial performance indicators to those required under International Financial Reporting Standards (IFRS), such as EBITDA, EBITDA margin, EBIT, EBIT margin and free cash flow. Information on the use, definition and calculation of these performance measures is provided in the Annual Report 2019 of United Internet AG from page 49 onwards.
Contact partner
United Internet AG
Mathias Brandes
Phone +49 2602 96-1616 presse@united-internet.de
11-Aug-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
United Internet AG
Elgendorfer Straße 57
56410 Montabaur
Germany
Phone:
+49 (0)2602 / 96 - 1100
Fax:
+49 (0)2602 / 96 - 1013
E-mail:
info@united-internet.de
Internet:
www.united-internet.de
ISIN:
DE0005089031
WKN:
508903
Indices:
MDAX, TecDAX
Listed:
Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
United Internet AG is a Germany-based Internet service provider (ISP) and holding company of the United Internet Group. The Company's products and technical services are divided into two key segments. The Access segment comprises narrowband, broadband and mobile access subscriptions, including the corresponding applications. The Applications segment includes such applications as home pages, e-shops, Personal Information Management applications, group work, online storage and office software. The Application segment also includes the operations of the Companyâs brands Sedo and affilinet, which serve customers performance-based advertising and sales possibilities. The Companyâs brand portfolio also includes GMX, WEB.DE, 1&1, united-domains, Fasthosts and InterNetX. In addition, the Company develops Internet based applications, such as cloud applications. The Company acts primarily via its wholly owned subsidiary 1&1 Internet AG, and Sedo Holding AG, in which it holds a majority stake.
UNITED INTERNET AG 
