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United Internet sees revenues grow, stable EBITDA in Q1

Wednesday 13 May 2020 | 16:46 CET | News
German operator United Internet said its revenues increased by 4.1 percent year-on-year in Q1 to EUR 1.32 billion. Revenues excluding hardware grew by 3.8 percent during the period to EUR 1.14 billion, while EBITDA rose by 0.4 percent to EUR 300.8 million. The moderate growth in EBITDA was due to one-off expenses for integration projects and initial costs for the construction of the 5G mobile network, negative effects from regulatory decisions and temporary changes in customer behavior caused by the coronavirus crisis, in particular for telephony, the company said. United Internet confirmed

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Categories: General
Companies: United Internet
Countries: Germany
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