United Internet AG (UDIRF.PK) reported that its first-quarter earnings before interest and taxes, or EBIT, climbed 41.4%, to 68.3 million euros from 48.3 million euros prior year. Earnings per share was 0.23 euros compared to 0.15 euros prior year.
Earnings before interest, taxes, depreciation and amortization, or EBITDA, rose by 29.5%, to 91.3 million euros from 70.5 million euros prior year.
Consolidated sales increased to 629.7 million euros; a year-on-year growth of 9.2%.
The Group also confirmed its forecast for 2013 as a whole and continues to expect an increase in fee-based customer contracts of around one million and sales growth of about 10%. United Internet AG expects EBITDA from established business fields to reach around 500 million euros in 2013. Profit per share is expected to rise to 1.00 euros-1.10 euros.
For comments and feedback: editorial@rttnews.com