Upcoming Dividend • May 15
Upcoming dividend of €0.50 per share Eligible shareholders must have bought the stock before 22 May 2026. Payment date: 27 May 2026. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (4.3%). Reported Earnings • May 13
First quarter 2026 earnings released: EPS: €0.37 (vs €0.31 in 1Q 2025) First quarter 2026 results: EPS: €0.37 (up from €0.31 in 1Q 2025). Revenue: €1.55b (down 5.2% from 1Q 2025). Net income: €63.4m (up 18% from 1Q 2025). Profit margin: 4.1% (up from 3.3% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Declared Dividend • Apr 12
Dividend of €0.50 announced Shareholders will receive a dividend of €0.50. Ex-date: 22nd May 2026 Payment date: 27th May 2026 Dividend yield will be 1.8%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 52% over the next 3 years. However, it would need to fall by 63% to increase the payout ratio to a potentially unsustainable range. Announcement • Apr 10
United Internet AG announces Annual dividend, payable on May 27, 2026 United Internet AG announced Annual dividend of EUR 0.5000 per share payable on May 27, 2026, ex-date on May 22, 2026 and record date on May 25, 2026. Announcement • Apr 09
United Internet AG, Annual General Meeting, May 21, 2026 United Internet AG, Annual General Meeting, May 21, 2026, at 11:00 W. Europe Standard Time. Reported Earnings • Mar 24
Full year 2025 earnings released: EPS: €1.49 (vs €0.28 loss in FY 2024) Full year 2025 results: EPS: €1.49 (up from €0.28 loss in FY 2024). Revenue: €6.12b (down 3.3% from FY 2024). Net income: €257.0m (up €304.6m from FY 2024). Profit margin: 4.2% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Announcement • Nov 12
United Internet AG Revises Earning Forecast for the Year 2025 United Internet AG revised earning forecast for the Year 2025. For the year, The company expects an increase in consolidated sales for continued operations to approx. EUR 6.05 billion (comparable prior-year figure: EUR 5.991 billion; previous guidance including Sedo: approx. EUR 6.45 billion). Reported Earnings • Aug 08
Second quarter 2025 earnings released: EPS: €0.29 (vs €0.73 loss in 2Q 2024) Second quarter 2025 results: EPS: €0.29 (up from €0.73 loss in 2Q 2024). Revenue: €1.61b (up 4.2% from 2Q 2024). Net income: €49.6m (up €175.8m from 2Q 2024). Profit margin: 3.1% (up from net loss in 2Q 2024). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Announcement • May 17
United Internet AG (XTRA:UTDI) proposed to acquire an additional 9.19% stake in 1&1 AG (XTRA:1U1) for €300 million. United Internet AG (XTRA:UTDI) proposed to acquire an additional 9.19% stake in 1&1 AG (XTRA:1U1) for €300 million on May 16, 2025. A cash consideration valued at €18.5 per share will be paid by United Internet AG for 16,250,827 shares. Upon completion, United Internet AG will own 90% stake in 1&1 AG.
The Offer will be made in accordance with the terms and conditions set forth in the offer document to be approved by the German Federal Financial Supervisory Authority. Reported Earnings • May 13
First quarter 2025 earnings released: EPS: €0.31 (vs €0.34 in 1Q 2024) First quarter 2025 results: EPS: €0.31 (down from €0.34 in 1Q 2024). Revenue: €1.64b (up 4.1% from 1Q 2024). Net income: €53.7m (down 7.7% from 1Q 2024). Profit margin: 3.3% (down from 3.7% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Announcement • May 13
United Internet AG Updates Earnings Guidance for the Full Year of 2025 United Internet AG updated earnings guidance for the full year of 2025. For the year, the company now expects an increase in consolidated sales to approx. EUR 6.45 billion (previously: approx. EUR 6.4 billion; comparable prior-year figure: EUR 6.303 billion). Upcoming Dividend • May 09
Upcoming dividend of €1.90 per share Eligible shareholders must have bought the stock before 16 May 2025. Payment date: 20 May 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.9%. Lower than top quartile of British dividend payers (5.9%). Lower than average of industry peers (4.0%). Announcement • Apr 08
United Internet AG, Annual General Meeting, May 15, 2025 United Internet AG, Annual General Meeting, May 15, 2025, at 11:00 W. Europe Standard Time. Declared Dividend • Mar 31
Dividend increased to €1.90 Dividend of €1.90 is 280% higher than last year. Ex-date: 16th May 2025 Payment date: 20th May 2025 Dividend yield will be 9.3%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (39% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Reported Earnings • Mar 28
Full year 2024 earnings released: €0.28 loss per share (vs €1.35 profit in FY 2023) Full year 2024 results: €0.28 loss per share (down from €1.35 profit in FY 2023). Revenue: €6.33b (up 1.9% from FY 2023). Net loss: €47.6m (down 120% from profit in FY 2023). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Announcement • Mar 27
United Internet AG Provides Earnings Guidance for the Year 2025 United Internet AG provided earnings guidance for the year 2025. The company expects sales to rise to approx. EUR 6.4 billion in 2025 (2024: EUR 6.303 billion). EBITDA is expected to increase to approx. EUR 1.35 billion, compared to EUR 1.295 billion in 2024. This figure includes approx. EUR -20 million due to 1&1 changing its national roaming service provider. In the commercially equivalent national roaming agreement with Vodafone, the capacities used by 1&1 are fully recognized in EBITDA, whereas under the national roaming agreement with Telefónica they were capitalized in part and depreciated in scheduled amounts. Announcement • Mar 26
United Internet AG announces Annual dividend, payable on May 20, 2025 United Internet AG announced Annual dividend of EUR 1.5000 per share payable on May 20, 2025, ex-date on May 16, 2025 and record date on May 19, 2025. Reported Earnings • Nov 13
Third quarter 2024 earnings released: EPS: €0.23 (vs €0.39 in 3Q 2023) Third quarter 2024 results: EPS: €0.23 (down from €0.39 in 3Q 2023). Revenue: €1.57b (flat on 3Q 2023). Net income: €39.5m (down 41% from 3Q 2023). Profit margin: 2.5% (down from 4.3% in 3Q 2023). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 09
Second quarter 2024 earnings released: €0.73 loss per share (vs €0.39 profit in 2Q 2023) Second quarter 2024 results: €0.73 loss per share (down from €0.39 profit in 2Q 2023). Revenue: €1.54b (up 3.5% from 2Q 2023). Net loss: €126.2m (down 286% from profit in 2Q 2023). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 25% per year whereas the company’s share price has fallen by 22% per year. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to €16.22, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Telecom industry in Europe. Total loss to shareholders of 51% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €16.79 per share. Buy Or Sell Opportunity • Aug 01
Now 21% overvalued Over the last 90 days, the stock has fallen 8.6% to €20.52. The fair value is estimated to be €17.00, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years. Earnings per share has declined by 12%. For the next 3 years, revenue is forecast to grow by 4.0% per annum. Earnings are also forecast to grow by 21% per annum over the same time period. Upcoming Dividend • May 13
Upcoming dividend of €0.50 per share Eligible shareholders must have bought the stock before 20 May 2024. Payment date: 23 May 2024. Payout ratio is a comfortable 39% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (4.5%). Reported Earnings • May 09
First quarter 2024 earnings released: EPS: €0.34 (vs €0.40 in 1Q 2023) First quarter 2024 results: EPS: €0.34 (down from €0.40 in 1Q 2023). Revenue: €1.57b (up 2.2% from 1Q 2023). Net income: €58.1m (down 18% from 1Q 2023). Profit margin: 3.7% (down from 4.6% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 13% per year. Reported Earnings • Mar 24
Full year 2023 earnings released: EPS: €1.35 (vs €1.97 in FY 2022) Full year 2023 results: EPS: €1.35 (down from €1.97 in FY 2022). Revenue: €6.21b (up 5.0% from FY 2022). Net income: €232.7m (down 37% from FY 2022). Profit margin: 3.7% (down from 6.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Declared Dividend • Mar 23
Dividend of €0.50 announced Dividend of €0.50 is the same as last year. Ex-date: 20th May 2024 Payment date: 22nd May 2024 Dividend yield will be 2.4%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is covered by earnings (33% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 5.3% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Dec 20
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €22.70, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Telecom industry in Europe. Total loss to shareholders of 30% over the past three years. Announcement • Dec 20
United Internet AG Provides Earnings Guidance for 2024 United Internet AG forecasts an increase in consolidated sales to around EUR 6.5 billion for fiscal year 2024 (forecast 2023: approx. EUR 6.2 billion) and EBITDA of around EUR 1.42 billion (forecast 2023: approx. EUR 1.29 billion). Announcement • Sep 18
United Internet AG(XTRA:UTDI) dropped from FTSE All-World Index (USD) United Internet AG(XTRA:UTDI) dropped from FTSE All-World Index (USD) New Risk • Aug 05
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 43% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (43% net debt to equity). Paying a dividend despite having no free cash flows. Reported Earnings • Aug 05
Second quarter 2023 earnings released: EPS: €0.38 (vs €0.50 in 2Q 2022) Second quarter 2023 results: EPS: €0.38 (down from €0.50 in 2Q 2022). Revenue: €1.49b (up 2.2% from 2Q 2022). Net income: €65.5m (down 30% from 2Q 2022). Profit margin: 4.4% (down from 6.4% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to €17.00, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 14x in the Telecom industry in Europe. Total loss to shareholders of 54% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €31.36 per share. Upcoming Dividend • May 11
Upcoming dividend of €0.50 per share at 3.5% yield Eligible shareholders must have bought the stock before 18 May 2023. Payment date: 23 May 2023. Payout ratio is a comfortable 25% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (4.2%). Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: €0.59 (vs €0.55 in 3Q 2021) Third quarter 2022 results: EPS: €0.59 (up from €0.55 in 3Q 2021). Revenue: €1.48b (up 6.5% from 3Q 2021). Net income: €111.1m (up 9.0% from 3Q 2021). Profit margin: 7.5% (up from 7.3% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 13
Third quarter 2022 earnings released: EPS: €0.59 (vs €0.55 in 3Q 2021) Third quarter 2022 results: EPS: €0.59 (up from €0.55 in 3Q 2021). Revenue: €1.48b (up 6.5% from 3Q 2021). Net income: €111.1m (up 9.0% from 3Q 2021). Profit margin: 7.5% (up from 7.3% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 13% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 05
Second quarter 2022 earnings released: EPS: €0.50 (vs €0.58 in 2Q 2021) Second quarter 2022 results: EPS: €0.50 (down from €0.58 in 2Q 2021). Revenue: €1.46b (up 5.3% from 2Q 2021). Net income: €93.5m (down 14% from 2Q 2021). Profit margin: 6.4% (down from 7.8% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 2.8%, compared to a 3.1% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • May 14
First quarter 2022 earnings released: EPS: €0.55 (vs €0.68 in 1Q 2021) First quarter 2022 results: EPS: €0.55 (down from €0.68 in 1Q 2021). Revenue: €1.44b (up 3.7% from 1Q 2021). Net income: €102.1m (down 20% from 1Q 2021). Profit margin: 7.1% (down from 9.1% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 3.4%, compared to a 2.6% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Upcoming Dividend • May 13
Upcoming dividend of €0.50 per share Eligible shareholders must have bought the stock before 20 May 2022. Payment date: 24 May 2022. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of British dividend payers (4.8%). Lower than average of industry peers (4.0%). Buying Opportunity • Feb 24
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be €37.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.2% per annum over the last 3 years. Earnings per share has grown by 27% per annum over the last 3 years. Buying Opportunity • Jan 18
Now 20% undervalued Over the last 90 days, the stock is up 6.9%. The fair value is estimated to be €42.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.2% per annum over the last 3 years. Earnings per share has grown by 27% per annum over the last 3 years. Reported Earnings • Nov 10
Third quarter 2021 earnings released: EPS €0.55 (vs €0.27 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: €1.39b (up 4.9% from 3Q 2020). Net income: €101.9m (up 105% from 3Q 2020). Profit margin: 7.3% (up from 3.7% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 09
Second quarter 2021 earnings released: EPS €0.58 (vs €0.67 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: €1.38b (up 4.1% from 2Q 2020). Net income: €108.0m (down 14% from 2Q 2020). Profit margin: 7.8% (down from 9.5% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Upcoming Dividend • May 21
Upcoming dividend of €0.50 per share Eligible shareholders must have bought the stock before 28 May 2021. Payment date: 01 June 2021. Trailing yield: 1.4%. Lower than top quartile of British dividend payers (4.1%). Lower than average of industry peers (4.4%). Reported Earnings • May 12
First quarter 2021 earnings released: EPS €0.68 (vs €0.39 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €1.39b (up 4.7% from 1Q 2020). Net income: €127.0m (up 74% from 1Q 2020). Profit margin: 9.1% (up from 5.5% in 1Q 2020). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 27
Full year 2020 earnings released The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: €5.37b (up 3.3% from FY 2019). Net income: €290.5m (down 32% from FY 2019). Profit margin: 5.4% (down from 8.2% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 12% per year. Is New 90 Day High Low • Feb 06
New 90-day high: €37.13 The company is up 23% from its price of €30.09 on 06 November 2020. The British market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €23.45 per share. Is New 90 Day High Low • Jan 21
New 90-day high: €37.03 The company is up 15% from its price of €32.26 on 23 October 2020. The British market is also up 15% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Telecom industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €23.74 per share. Is New 90 Day High Low • Jan 05
New 90-day high: €35.93 The company is up 9.0% from its price of €32.89 on 07 October 2020. The British market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €24.34 per share. Is New 90 Day High Low • Dec 20
New 90-day high: €35.85 The company is up 18% from its price of €30.50 on 21 September 2020. The British market is up 13% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Telecom industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €24.47 per share. Reported Earnings • Nov 11
Third quarter 2020 earnings released: EPS €0.27 The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: €1.33b (up 1.7% from 3Q 2019). Net income: €49.7m (down 52% from 3Q 2019). Profit margin: 3.7% (down from 7.8% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 18% per year. Analyst Estimate Surprise Post Earnings • Nov 11
Revenue misses expectations Revenue missed analyst estimates by 0.9%. Over the next year, revenue is forecast to grow 3.4%, compared to a 7.7% growth forecast for the Telecom industry in the United Kingdom. Is New 90 Day High Low • Oct 30
New 90-day low: €30.20 The company is down 22% from its price of €38.49 on 31 July 2020. The British market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €45.93 per share. Is New 90 Day High Low • Sep 22
New 90-day low: €30.50 The company is down 17% from its price of €36.94 on 24 June 2020. The British market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €71.72 per share.