United Internet with successful first 9 months of 2024

Revenue and earnings increased significantly

Montabaur, October 20, 2024 - United Internet AG (ISIN DE0005089003) today published its key figures for the first nine months of 2024. The company continued its successful course in the reporting period and was able to increase its revenue and earnings significantly year-on-year.

Strong growth in all segments

In the first nine months of 2024, United Internet generated revenue of EUR 4.9 billion, an increase of 6.2% compared to the same period of the previous year. All segments contributed to this growth. The Access segment, which includes the broadband activities of the Group, increased its revenue by 3.5% to EUR 2.3 billion. The Telemedia segment, which includes the online portal GMX and the email provider WEB.DE, increased its revenue by 7.2% to EUR 1.2 billion. The Business Applications segment, which includes the cloud and hosting provider Ionos, increased its revenue by 10.4% to EUR 1.4 billion.

Adjusted EBITDA margin continues to rise

United Internet's adjusted EBITDA increased by 7.3% to EUR 1.3 billion in the first nine months of 2024. This corresponds to an adjusted EBITDA margin of 26.6%, which is 0.8 percentage points higher than in the same period of the previous year. The increase in the adjusted EBITDA margin is mainly due to the strong revenue growth and the consistent cost management.

Outlook for the full year 2024 confirmed

Based on the positive development in the first nine months of 2024, United Internet confirms its outlook for the full year 2024. The company expects to generate revenue of between EUR 6.4 billion and EUR 6.6 billion and an adjusted EBITDA of between EUR 1.7 billion and EUR 1.8 billion.