08.05.2024 08:06:33 - dpa-AFX: 1&1 Q1 Pre-tax Profit Declines; Confirms Annual Outlook

MAINTAL (dpa-AFX) - 1&1 AG (1U1.DE), a telecommunications service provider,
Wednesday reported earnings before interest and tax or EBIT of 117.9 million
euros for the first quarter, lower than 133.4 million euros in the comparable
quarter last year.

Earnings before interest, taxes, depreciation, and amortization or EBITDA edged
up 0.1 percent to 182.3 million euros from 182.1 million euros a year ago.

Earnings per share declined 11.3 percent to 0.47 euros from 0.53 euros last
year.

Revenue for the quarter was 1.024 billion euros, nearly flat with 1.021 billion
euros in the previous year, while service revenue grew 4.2 percent year over
year to 821.9 million euros.

Looking forward, the company has confirmed its full-year forecast. It still
expects service revenue to grow nearly 4 percent to 3.37 billion euros. EBITDA
is expected to increase by 10 percent to nearly 720 million euros.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
1+1 AG INH O.N. 554550 Xetra 17,580 17.05.24 17:35:06 +0,020 +0,11% 0,000 0,000 17,420 17,580

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