04.08.2021 1&1 AG  DE0005545503

DGAP-Adhoc: 1&1 AG - Confirms revenue guidance for 2021 and upgrades EBITDA guidance from ca. €650m to ca. €670m


 

DGAP-Ad-hoc: 1&1 AG / Key word(s): Change in Forecast/Half Year Report
1&1 AG - Confirms revenue guidance for 2021 and upgrades EBITDA guidance from ca. €650m to ca. €670m

04-Aug-2021 / 19:17 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


1&1 AG - Confirms revenue guidance for 2021 and upgrades EBITDA guidance from ca. €650m to ca. €670m

- Customer contracts: + 280,000 to 15.11 million

- Revenues: + 2.6 percent to €1,931 million, thereof €1,542 million service revenues (+ 3.0 percent)

- EBITDA: €375.5 million, thereof €336.1 million comparable, operational EBITDA (+ 2.0 percent)

- Revenue forecast confirmed; EBITDA forecast increased to ca.€670m from ca. €650m

Maintal, 04 August 2021 - 1&1 AG (ISIN DE 0005545503) was able to increase the number of customer contracts in comparison with 31 December 2020 by 280,000 to 15.11million contracts in H1 2021. Growth was based on 310,000 new mobile internet contracts, whilst the number of broadband lines decreased in H1 2021 slightly by 30,000 to 4.28 million. The number of broadband lines is expected to remain stable in the second half of the year.

Revenue rose by 2.6 percent to €1,930.7 million in H1 2021 (H1 2020: €1,881.2 million). Service revenue increased in H1 2021 by 3.0 percent to €1,541.7 million (H1 2020: €1,497.0 million).

Earnings before interest, taxes, depreciation and amortisation (EBITDA) increased by 13.9 % or €45.9 million to €375.5 million. This includes a (out-of-period) positive income of €39.4 million from a retroactive price reduction for the 2020 financial year. 1&1 concluded a long-term national roaming agreement with Telefónica Germany on 21 May, the conditions of which will already apply from 1 July 2020. This agreement regulates the usage of the Telefónica network by 1&1 customers in areas not yet served by 1&1 during the roll-out phase of the new 5G network. Until the network launch, the existing MBA MVNO wholesale contract applies at the same conditions. Precluding the aforementioned effect, comparable operational EBITDA of €336.1 million is 2 % higher as the previous year's level (H1 2020: €329.6 million). Operational EBITDA includes - €14.9 million in start-up costs for preparations for the 5G network roll-out (previous year - €5.6 million).

Earnings per share (EPS) amounted to EUR 1.18. Excluding the (out-of-period) positive earnings effect from the retroactive new wholesale prices (EPS effect: EUR +0.16), operating EPS was at €1.02 (H1 2020: €1.05).

Outlook

The Company confirms its revenue forecast and expects service revenues to increase to ca. €3.10 billion (2020: €3.02 billion). The operating EBITDA (excluding the aforementioned out-of-period return of €39.4 million in connection with the conclusion of the national roaming agreement) is increased to ca. 670 million (old: increase to ca. €650m) (2020: €468.5 million). This forecast includes initial costs for the 5G network rollout of ca. €30 million unchanged.

Performance indicators pursuant to IFRS - comparison H1 2020 v. H1 2021

 

in €m H1 2020 H1 2021 Change
Revenue
thereof service revenue
1.881,2
1.497,0
1.930,7
1.541,7
+ 2,6 %
+ 3,0 %
EBITDA
EBITDA, operative
thereof segment Access
thereof segment 5G
329.6
329.6
335.2
- 5.6
375.5
336.1
351.0
- 14.9
+ 13.9 %
+ 2.0 %
+ 4.7 %
EBIT
EBIT, operative
thereof segment Access
thereof segment 5G
254.1
254.6
259.7
- 5.6
296.3
256.9
271.8
- 14.9
+ 16.6 %
+ 1.1 %
+ 4.7 %
       
Profit per share in €
Profit per share in €, operative
1.05
1.05
1.18
1.02
+ 12.2 %
- 2.7 %
       
Customer contracts in million 14.57 15.11 + 3.7 %
 

The intermediate report will be made available on the Company's home page on 05 August 2021.
https://www.1und1.ag/investor-relations-en#meldungen-berichte-praesentationen

Maintal, 04 August 2021

1&1 AG
The Management Board

About 1&1 AG

1&1 AG is a listed telecommunications provider based in Maintal. The company is part of the United Internet AG group. 1&1 offers its customers a comprehensive portfolio of wireless services and broadband access. It also offers attractive bundled products comprising mobile and fixed-network services, as well as value-added applications such as home networking, online storage, video-on-demand, smart home solutions and IPTV. While the brand 1&1 addresses value and premium segments, the Group's discount brands appeal to a price-conscious target groups

Note:

Financial performance indicators such as EBITDA, EBITDA margin, EBIT, EBIT margin or free cash flow are used in addition to the disclosures required by the International Financial Reporting Standards (IFRS) in the annual and interim financial statements of 1&1 AG and in ad hoc reports pursuant to Art. 17 MAR to ensure a clear and transparent presentation of 1&1 AG business development. Information about the use, definition and calculation of these performance indicators is provided on page 42 of the Annual Report 2019 of 1&1 AG.




Contact:
Oliver Keil
Head of Investor Relations
Mail: [email protected]

04-Aug-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: 1&1 AG
Wilhelm-Röntgen-Straße 1-5
63477 Maintal
Germany
Phone: +49 (0) 6181 - 412 218
Fax: +49 (0) 6181 - 412 183
E-mail: [email protected]
Internet: www.1und1.AG
ISIN: DE0005545503
WKN: 554550
Indices: SDAX
TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1224152

 
End of Announcement DGAP News Service

1224152  04-Aug-2021 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022e
Umsatzerlöse1 2.430,06 2.812,31 3.662,46 3.674,85 3.786,79 3.909,66 3.960,00
EBITDA1,2 387,93 504,00 721,90 683,50 468,48 711,26 670,00
EBITDA-Marge3 15,96 17,92 19,71 18,60 12,37 18,19 16,92
EBIT1,4 379,32 439,90 567,23 528,49 313,08 546,71 0,00
EBIT-Marge5 15,61 15,64 15,49 14,38 8,27 13,98 0,00
Jahresüberschuss1 243,36 481,30 406,03 373,62 219,59 370,02 0,00
Netto-Marge6 10,01 17,11 11,09 10,17 5,80 9,46 0,00
Cashflow1,7 246,76 370,14 547,96 510,54 511,26 523,83 0,00
Ergebnis je Aktie8 0,48 2,28 2,30 2,12 1,24 2,10 2,19
Dividende8 1,80 1,60 0,05 0,05 0,05 0,05 0,05
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2021 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Ernst & Young

INVESTOR-INFORMATIONEN
©boersengefluester.de
1&1
WKN Kurs in € Einschätzung Börsenwert in Mio. €
554550 18,110 Halten 3.201,21
KGV 2023e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
8,01 19,76 0,41 10,16
KBV KCV KUV EV/EBITDA
0,61 6,11 0,82 5,07
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
Hauptversammlung
0,05 0,05 0,28 18.05.2022
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
12.05.2022 04.08.2022 10.11.2022 17.03.2022
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-7,48% -20,67% -24,60% -30,24%
    
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