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United Internet trims FY outlook as growth slows in Q3

Tuesday 15 November 2016 | 14:19 CET | News
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United Internet has trimmed its full-year guidance after showing a small slowdown in Q3 results. The German operator's sales rose 6.4 percent year-on-year to EUR 2.932 billion, slower than the 7.0 percent growth reported in the first half. EBITDA rose 13.4 percent to EUR 613.3 million, also less than the 15.8 percent growth in the first half. United Internet now expects annual sales of EUR 3.94-3.96 billion, compared to an earlier forecast of around EUR 4 billion, and EBITDA of EUR 835-845 million, versus the previous outlook for around EUR 850 million. Excluding currency effects, results

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Categories: Internet
Companies: United Internet
Countries: Germany
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