The company reported solid Q3 15 results. Revenues increased 26.4% to €931.5m and EBITDA jumped 43.2% to €203.7m. The EBITDA margin improved from 19.3% to 21.9%. EBIT grew 24.6% to €149.7m due to higher amortisations. Revenues of the Access division increased 36.8% (including Versatel's consolidation) to €696.5m and EBITDA jumped 47.9% to €127.1m. The total number of mobile internet contracts increased by 260,000 (expectations around 200,000) compared to the second qu
17 Nov 2015
Growth momentum continues
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Growth momentum continues
United Internet AG (UTDI:WBO) | 0 0 0.9% | Mkt Cap: 11,419m
- Published:
17 Nov 2015 -
Author:
Heinz Steffen -
Pages:
2
The company reported solid Q3 15 results. Revenues increased 26.4% to €931.5m and EBITDA jumped 43.2% to €203.7m. The EBITDA margin improved from 19.3% to 21.9%. EBIT grew 24.6% to €149.7m due to higher amortisations. Revenues of the Access division increased 36.8% (including Versatel's consolidation) to €696.5m and EBITDA jumped 47.9% to €127.1m. The total number of mobile internet contracts increased by 260,000 (expectations around 200,000) compared to the second qu