UNITED INTERNET AG UNITED INTERNET AG
Analyst and Investor Webcast - 3M Results 2024
Montabaur,
May 8, 2024
1 | Analyst and Investor Call Presentation - 3M 2024 | May 8, 2024 |
KPIs 3M 2024
28.65 million customer contracts: +200,000 in the first 3 months 2024
Revenues and earnings figures (in € million) | 3M 2023 | 3M 2024 | Change | |||
Revenues (1) | 1,531.0 | 1,565.0 | +2.2% | |||
EBITDA (1) | 318.7 | 342.1 | +7.3% | |||
EBIT (1) | 188.6 | 187.0 | -0.8% | |||
EPS (1) (in €) | 0.43 | 0.35 | -18.6% | |||
EBITDA (1) operative 3M 2024 including: | ||||||
€ -42.4 million from 1&1 mobile network rollout expenses (prior year: € -19.2 million) | ||||||
EBIT (1) operative 3M 2024 impacted additionally by: | ||||||
€ -126.5 million from D&A on investments (prior year: € -101.6 million) | ||||||
EPS (1) operative 3M 2024 also impacted by: | ||||||
Lower EBIT (EPS effect: € -0.01), lower at-equity result (€ -0.03) as well as higher interest expenses | ||||||
and a higher tax rate (total EPS effect: € -0.04) | ||||||
(1) | Revenues / EBITDA / EBIT operative w/o revenue contribution (€ 6.6m; prior year: € 7.3m) and earnings contributions (EBITDA and EBIT: € -1.3m; prior year: € -4,2m) from "Energy" and "De-Mail" and | |||||
w/o IPO costs IONOS (EBITDA and EBIT: prior year: € +0.5m net); which results in an EPS effect (in total): € -0.01 (prior year: € -0.02) | ||||||
2 | Analyst and Investor Call Presentation - 3M 2024 | May 8, 2024 |
"ACCESS" IN 3M 2024
CONSUMER ACCESS | CONSUMER APPLICATIONS | |
BUSINESS ACCESS | BUSINESS APPLICATIONS | |
3 | Analyst and Investor Call Presentation - 3M 2024 | May 8, 2024 |
CONSUMER ACCESS SEGMENT: CUSTOMER CONTRACTS
(in million)
Mobile Internet
Broadband connections
18 | 16.26 | 16.30 |
16 | ||
14 | ||
12 | ||
10 | 12.25 | 12.29 |
8 | ||
6 | ||
4 | ||
2 | 4.01 | 4.01 |
0 | 31.12.2023 | 31.03.2024 |
+0.04
- 16.30 million customer contracts (+40,000)
- 12.10 million mobile internet contracts (+40,000)
- 4.01 million broadband connections (+/-0)
4 | Analyst and Investor Call Presentation - 3M 2024 | May 8, 2024 |
CONSUMER ACCESS SEGMENT: REVENUES
(acc. to IFRS in € million)
Service revenues | |
Other revenues | |
1,200 | |
1,021.0 | 1,024.4 |
800 | |
788.9 | 821.9 |
400 | |
232.1 | 202.5 |
0 | |
3M 2023 | 3M 2024 |
+3.4
(+0.3%)
- +0.3% revenues to € 1,024.4 million
- +4.2% service revenues to € 821.9 million
- -12.8%other revenues (especially smartphones) to € 202.5 million
5 | Analyst and Investor Call Presentation - 3M 2024 | May 8, 2024 |
CONSUMER ACCESS (I): EBITDA
(acc. to IFRS in € million)
200 | 182.3 | |
182.1 | +0.2 | |
(+0.1%) | ||
150 | ||
100 | ||
50 | ||
0 | ||
3M 2023 | 3M 2024 |
- +0.1% EBITDA to € 182.3 million
- € -42.4 million costs for rollout of 1&1 mobile network (prior year: € -19.2 million)
- 17.8% EBITDA margin (prior year: 17.8%)
6 | Analyst and Investor Call Presentation - 3M 2024 | May 8, 2024 |
CONSUMER ACCESS (II): EBITDA OF THE TWO SUBSEGMENTS
(acc. to IFRS in € million)
EBITDA "Access"
300 | |||
201.3 | 224.7 | +23.4 | |
200 | |||
(+11.6%) | |||
100 | |||
0 | 3M 2023 | 3M 2024 | |
EBITDA "1&1 Mobilfunknetz" |
0 | ||
-20 | -19.2 | |
-40 | -42.4 | |
-60 | ||
3M 2023 | 3M 2024 | |
"Access"
- +11.6% EBITDA to € 224.7 million
- 21.9% EBITDA margin (prior year: 19.7%)
"1&1 Mobilfunknetz"
-
€ -42.4 million EBITDA from the initial cost of the
1&1 mobile network rollout (prior year: € -19.2 million)
7 | Analyst and Investor Call Presentation - 3M 2024 | May 8, 2024 |
BUSINESS ACCESS SEGMENT: REVENUES
(acc. to IFRS in € million)
150 | 141.7 | +5.6 |
136.1 | ||
(+4.1%) | ||
100 | ||
50 | ||
0 | ||
3M 2023 | 3M 2024 |
- +4.1% revenues to € 141.7 million
8 | Analyst and Investor Call Presentation - 3M 2024 | May 8, 2024 |
BUSINESS ACCESS SEGMENT: EBITDA
(acc. to IFRS in € million)
40 | ||
34.8 | 35.4 | +0.6 |
(+1.7%) | ||
30 | ||
20 | ||
10 | ||
0 | ||
3M 2023 | 3M 2024 |
- +1.7% EBITDA to € 35.4 million
-
€ -9.0 million start-up costs in the new business areas "5G" and "Expansion of business parks"
(prior year: € -7.2 million)
-
€ -9.0 million start-up costs in the new business areas "5G" and "Expansion of business parks"
- 25.0% EBITDA margin (prior year: 25.6%)
9 | Analyst and Investor Call Presentation - 3M 2024 | May 8, 2024 |
"APPLICATIONS" IN 3M 2024
CONSUMER ACCESS | CONSUMER APPLICATIONS | |
BUSINESS ACCESS | BUSINESS APPLICATIONS | |
10 | Analyst and Investor Call Presentation - 3M 2024 | May 8, 2024 |
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United Internet AG published this content on 08 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 May 2024 05:52:03 UTC.
