United Internet reported solid Q2 16 results. Revenues increased 7% to €982.6m and EBITDA jumped 11.1% to €197.6m. The EBITDA margin improved from 19.4% to 20.1%. EBIT jumped 21.2% to €149.4m and the EBIT margin increased from 13.4% to 15.2%. Net income, however, collapsed from €95.6m to €5.5m. In the first six months, revenues also increased by 7% to €1.95bn and EBITDA improved 13.9% to €400.3m. The EBITDA margin increased from 14.5% to 16.7% and the EBIT m
15 Aug 2016
Solid operating performance but Rocket Internet still a disaster
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Solid operating performance but Rocket Internet still a disaster
United Internet AG (UTDI:WBO) | 0 0 0.9% | Mkt Cap: 11,419m
- Published:
15 Aug 2016 -
Author:
Heinz Steffen -
Pages:
2
United Internet reported solid Q2 16 results. Revenues increased 7% to €982.6m and EBITDA jumped 11.1% to €197.6m. The EBITDA margin improved from 19.4% to 20.1%. EBIT jumped 21.2% to €149.4m and the EBIT margin increased from 13.4% to 15.2%. Net income, however, collapsed from €95.6m to €5.5m. In the first six months, revenues also increased by 7% to €1.95bn and EBITDA improved 13.9% to €400.3m. The EBITDA margin increased from 14.5% to 16.7% and the EBIT m