30.09.2022 1&1 AG  DE0005545503

EQS-Adhoc: 1&1 Forecast 2022: Revenue target confirmed, earnings increased. Capex needs and customer growth lower.


 

EQS-Ad-hoc: 1&1 AG / Key word(s): Change in Forecast
1&1 Forecast 2022: Revenue target confirmed, earnings increased. Capex needs and customer growth lower.

30-Sep-2022 / 20:47 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


 

1&1 Forecast 2022: Revenue target confirmed, earnings increased. Capex needs and customer growth lower.

 

  • Service revenue 2022: Unchanged at €3.2 billion
  • EBITDA 2022: increased to ca. €690.0 million (previously expected ca. € 671.9 million)
  • Subscribers 2022: ca. 350,000 new contracts (previously expected ca. 450,000)
  • Cash capex 2022: ca. €250 million (previously expected ca. €400 million)

 

Montabaur, September 30, 2022 –1&1 AG (ISIN DE 0005545503) confirms its forecast for service revenue and increases the forecast for EBITDA in a difficult economic environment. The company expects service revenues to increase to ca. €3.2 billion (2021: €3.1 billion) and however, an increased EBITDA in the amount of ca. €690 million. (2021: €671.9 million). In EBITDA, costs for the construction of the 1&1 mobile network are expected in the amount of approximately -€60 million (previously expected -€70 million).

The expectation for customer growth is now ca. 350,000 new contracts (previously: ca. 450,000). This includes stronger than expected effects from the amendment to the Telecommunications Act (TKG), which came into force in December 2021. Operating contract growth excluding these effects is expected to be around 600,000 contracts, in line with the previous year’s level.

Capex requirements for the current fiscal year are expected to amount to ca. €250 million (previously expected ca. €400 million). A further €150 million in cash capex originally expected for 2022 will be carried forward to 2023. This shift of investments to the 2023 financial year is primarily the result of unexpected delays in the provision of antenna sites due to delivery bottlenecks at one expansion partner (1&1 press release dated September 16, 2022). The company's long-term plans are not affected by this.

 

Montabaur, 30 September 2022

 

1&1 AG

The Management Board

 

About 1&1 AG

1&1 AG is a listed telecommunications provider, headquartered in Montabaur. 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 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 45, 46 of the Annual Report 2021 of 1&1 AG.

 

 

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

30-Sep-2022 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: 1&1 AG
Elgendorfer Straße 57
56410 Montabaur
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
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1454817

 
End of Announcement EQS News Service

1454817  30-Sep-2022 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 2.812,31 3.662,46 3.674,85 3.786,79 3.909,66 3.963,69 4.096,70
EBITDA1,2 504,00 721,90 683,50 468,48 711,26 693,30 653,85
EBITDA-Marge3 17,92 19,71 18,60 12,37 18,19 17,49
EBIT1,4 439,90 567,23 528,49 313,08 546,71 534,89 455,82
EBIT-Marge5 15,64 15,49 14,38 8,27 13,98 13,50 11,13
Jahresüberschuss1 481,30 406,03 373,62 219,59 370,02 367,33 314,95
Netto-Marge6 17,11 11,09 10,17 5,80 9,46 9,27 7,69
Cashflow1,7 370,14 547,96 510,54 511,26 523,83 531,02 488,75
Ergebnis je Aktie8 2,28 2,30 2,12 1,24 2,10 2,08 1,78
Dividende8 1,60 0,05 0,05 0,05 0,05 0,05 1,80
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - 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: PricewaterhouseCoopers

INVESTOR-INFORMATIONEN
©boersengefluester.de
1&1
WKN Kurs in € Einschätzung Börsenwert in Mio. €
554550 15,960 Halten 2.821,16
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
9,17 17,73 0,52 9,44
KBV KCV KUV EV/EBITDA
0,48 5,77 0,69 5,24
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,05 0,05 0,31 16.05.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
08.05.2024 08.08.2024 12.11.2024 21.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-4,49% -5,26% -12,02% 61,38%
    
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