United Internet AG (MIL:1UTDI)

€ 15.98 0 (0%) Market Cap: 2.80 Bil Enterprise Value: 5.40 Bil PE Ratio: 0 PB Ratio: 0.58 GF Score: 56/100

Q3 2019 United Internet AG Earnings Call Transcript

Nov 12, 2019 / 10:30AM GMT

Transcript

Stephan Gramkow

United Internet AG - IR Officer

Good morning, everybody, and welcome to our Q3 and 9 months results conference call. My name is Stephan Gramkow from Investor Relations and here with me today, I have our CFO, Frank Krause; and my colleague, Dominic Grossman from IR. Frank will first take you through the presentation, and we are happy to answer any questions afterwards. Frank, please go ahead.

Frank Krause

United Internet AG - CFO & Member of the Management Board

Thank you, Stephan. I would also like to welcome you to our 9-month analyst and investor webcast. Before walking you through our segments, let's have a look at the company KPI figures.

Revenues reached after 9 months EUR 3.9 billion, fully in line with consensus. If you exclude the volatile hardware business revenue, growth in 9 months is 3.2%, also in line with our guidance.

EBITDA, it was EUR 945 million -- EUR 944 million in 9 months, also in line with consensus and impacted by EUR 59 million additional wholesale service costs from an expired discount

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