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General

United Internet 9-mth revenues up 11%, EBITDA grows 35%

Tuesday 18 November 2014 | 14:35 CET | News
German operator United Internet reported revenues in the first nine months of 2014 of EUR 2.171 billion, up 11.0 percent from a year-earlier. EBITDA increased 35.4 percent to EUR 379.8 million, and net profit was up 56.5 percent to EUR 1.08 per share. The result was helped by a one-time gain of EUR 71.5 million at the EBITDA level for the contribution of assets to Rocket Internet when it took a stake in the company. Free cash flow also improved 54.4 percent to EUR 239.8 million. Third-quarter sales at its access business rose 11 percent year-on-year to EUR 509.2 million. EBITDA increased 28

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Categories: General
Companies: Rocket Internet / United Internet / Versatel
Countries: Germany
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