The company reported solid Q3 16 results. Revenues increased 5.3% to €981.1m and EBITDA grew 4.6% to €213m. The EBITDA margin declined marginally from 21.9% to 21.7%. EBIT grew 10.1% to €164.8m and the EBIT margin increased from 16.1% to 16.8%. Net profit improved 9.8% to €109.6m. Selling and marketing expenses, the main driver of the operating performance, declined 2.4% to €125.8m. Although the company reduced customer acquisition costs, the number of customers incre
15 Nov 2016
Strong performance and guidance confirmed
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Strong performance and guidance confirmed
United Internet AG (UTDI:WBO) | 0 0 0.9% | Mkt Cap: 11,419m
- Published:
15 Nov 2016 -
Author:
Heinz Steffen -
Pages:
3
The company reported solid Q3 16 results. Revenues increased 5.3% to €981.1m and EBITDA grew 4.6% to €213m. The EBITDA margin declined marginally from 21.9% to 21.7%. EBIT grew 10.1% to €164.8m and the EBIT margin increased from 16.1% to 16.8%. Net profit improved 9.8% to €109.6m. Selling and marketing expenses, the main driver of the operating performance, declined 2.4% to €125.8m. Although the company reduced customer acquisition costs, the number of customers incre