United Internet Ag · XETR:UTDI

United Internet — H1 2013 Earnings Presentation

31 slides from United Internet's earnings presentation, Aug 14, 2013

  1. Slide 1: 6-Month 2013

    Geschäftsjahr 6-Month 2009 & 2013 Neue Chancen

  2. Slide 2: Agenda

    Agenda Ralph Dommermuth Company development Outlook Norbert Lang Results first half-year 2013 2 6-Month 2013 Frankfurt am Main, August 14, 2013

  3. Slide 3: Company development

    Company p y 2009 development

  4. Slide 4: United Internet

    United Internet ACCESS APPLICATIONS Motivated team  6,490 employees, of which 1,850 in Networks product management, development Content and data centers Sales strength  approx. 3 million contracts p. a.  50,000 registrations for free services every day Operational Excellence  44 million accounts

  5. Slide 5: Dynamic sales growth in the first half-year 2013

    Dynamic sales growth in the first half-year 2013 in € million +119.5 +119 5 (10.3%) 1,283.0 1,163.5 1,009.4 930.8 815.7 1 HY 2009 1. 1 HY 2010 1. 1 HY 2011 1. 1 HY 2012 1. 1 HY 2013 1.  10.3 % revenue growth to € 1.283 billion in the first half-year 2013 5 6-Month 2013 Frankfurt am Main, August 14,

  6. Slide 6: Strong EBITDA with heavy investments in new business fields

    Strong EBITDA with heavy investments in new business fields ( (acc. t IFRS in to i € million) illi ) +26.5 (+17.8%) (+17 8%) -61.8 -72.7 72 7 New business fields (1&1 MyWebsite, De-Mail) New business fields (1&1 MyWebsite, De-Mail) 236 9 236.9 221.3 EBITDA EBITDA 175.1 148.6 Established Established

  7. Slide 7: Strong EBIT development

    Strong EBIT development ( (acc. t IFRS in to i € million) illi ) 25.7 (+24.8%) (+24 8%) -61.8 -73.9 New business fields (1&1 MyWebsite, De-Mail) New business fields 191 2 191.2 177.6 (1&1 MyWebsite, De-Mail) EBIT EBIT Established 129.4 Established 103.7 business fields EBIT business fields EBIT 1 HY

  8. Slide 8: Segment results

    Segment g Ausblick results

  9. Slide 9: "Access" in the 1. half-year 2013

    „Access“ in the 1. half-year 2013 ACCESS APPLICATIONS Mobiles DSL Mobiles DSL DSL Mobile DSL Consumer Business DSL Internet Internet Internet Applications Applications 9 6-Month 2013 Frankfurt am Main, August 14, 2013

  10. Slide 10: Access: Over 5 million customer contracts

    Access: Over 5 million customer contracts  Largest alternative broadband supplier with 3.43 million contracts  1.74 million contract customers for mobile internet 10 6-Month 2013 Frankfurt am Main, August 14, 2013

  11. Slide 11: Access: Good growth in customers and sales

    Access: Good growth in customers and sales Customer contracts Sales (in million) (acc. to IFRS in € million) Mobile Internet DSL complete (ULL) T-DSL / R-DSL +99.2 ((+13.0%)) 0.45 5.17 4.72 1 74 1.74 1.41 863.2 764.0 2.79 2 99 2.99 0.52 0.44 31.12.2012 30.06.2013 1. HY 2012 1. HY 2013  + 330,000 Mo

  12. Slide 12: Access: Strong increase in earnings

    Access: Strong increase in earnings EBITDA EBIT (acc. to IFRS in € million) (acc. to IFRS in € million) +20.4 (+23.1%) +19.5 (+26.0%) 108.8 88.4 94.5 75.0 1. HY 2012 1. HY 2013 1. HY 2012 1. HY 2013  EBITDA margin increased from  EBIT margin increased from 11.6 % to 12.6 % 9.8 % to 10.9 % 12 6-Mon

  13. Slide 13: "Applications" in the first half-year 2013

    „Applications“ in the first half-year 2013 ACCESS APPLICATIONS Mobiles DSL Mobiles DSL DSL Mobile DSL Consumer Business B i DSL Internet Internet Internet Applications Applications 13 6-Month 2013 Frankfurt am Main, August 14, 2013

  14. Slide 14: Consumer Applications: from e-mail service to command center

    Consumer Applications: from e-mail service to command center for communication, communication information and identity management Communication De-Mail and d organization i ti l legally ll secure e-mail, calendar, communication and contacts, SMS, fax identity management Online office Online storage

  15. Slide 15: Business Applications: from webhoster to e-business solutions provider

    Business Applications: from webhoster to e e-business business solutions provider Website design SEO tools Sector content E-mail marketing Business apps Local listings Mobile conversion Display advertising E-shops Payment solutions 15 6-Month 2013 Frankfurt am Main, August 14, 2013

  16. Slide 16: Applications: 210,000 new contracts

    Applications: 210,000 new contracts Consumer Applications Business Applications (contracts in million) (contracts in million) Accounts with Value-added subscription 1&1 MyWebsite Accounts with Premium Mail subscription Business Applications +0.03 +0.18 2.12 2.15 5.20 5.38 0.21 0.26 0.40 0.49 4.80 4.

  17. Slide 17: Applications: Growth in customers and sales

    Applications: Growth in customers and sales Total customer contracts Sales (in million) (acc. to IFRS in € million) Foreign Domestic +20.3 +0.21 (+5.1%) 7.32 7.53 419.6 399.3 2.92 +0.13 3.05 4.40 +0.08 4.48 31.12.2012 30.06.2013 1. HY 2012 1. HY 2013  Ongoing internationalization  Q2: Advertising

  18. Slide 18: Applications: Approx. €62 million investments in new business fields

    Applications: Approx € 62 million investments in the new business fi ld fields 1&1 MyWebsite  Marketing in seven European countries, countries the USA, USA Canada and Mexico  Strong growth in international brand awareness  90,000 90 000 new contracts in the first half-year half year (Full year gu

  19. Slide 19: Applications: EBITDA

    Applications: EBITDA ( (acc. t IFRS in to i € million) illi ) +12.2 (+20.8%) (+20 8%) -61.8 -72.7 131 3 131.3 132 6 132.6 New business fields (1&1 MyWebsite, New business fields EBITDA De-Mail) EBITDA (1&1 MyWebsite, De-Mail) Established Established business fields 70.8 business fields 58 6 58.6 EBI

  20. Slide 20: Applications: EBIT

    Applications: EBIT ( (acc. t IFRS in to i € million) illi ) +12.3 (+45.2%) (+45 2%) -61.8 -73.9 101 1 101.1 101 3 101.3 EBIT EBIT New business fields Established (1&1 MyWebsite, Established business fields De-Mail) business fields New business fields (1&1 MyWebsite, 39.5 De-Mail) 27.2 EBIT EBIT 1 HY

  21. Slide 21: Outlook

    Outlook Ausblick 2013

  22. Slide 22: Highlights H2 2013: Secure E-Mail

    Highlights H2 2013: Secure E-Mail E-mail made in Germany  As of August 9: GMX, GMX T-Online and WEB.DE WEB DE alliance with approx. two thirds of primarily used private e-mail accounts in Germany  Encryption of server-server server server transmission  Automatic encryption of client-server transm

  23. Slide 23: Highlights H2 2013: New Top Level Domains

    Highlights H2 2013: New Top Level Domains New top level domains (nTLDs)  Over 700 new domains to provide huge market potential in coming years • Upselling in existing client segment • New customer acquisition, provider-independent due to integrated redirecting function 2013 More than 700 new  Exte

  24. Slide 24: Highlights H2 2013: MyWebsite and New Webhosting

    Highlights H2 2013: MyWebsite and New Webhosting 1&1 MyWebsite  Approx. Approx 550 550,000 000 customers by year-end year-end, as ad budget was transferred, instead of approx. 600,000 customers as originally planned New Webhosting  From September: New webhosting product line  New sector benchmark

  25. Slide 25: 2013: Forecast

    2013: Forecast Based on the good development of the business, we increase our customer forecast. At the same time, we confirm our earnings guidance. Customer contracts  Approx. 1.1 million new contracts (+ 100,000) Sales  Approx. 10 % growth in sales Profit  Approx. € 500 million EBITDA in the es

  26. Slide 26: Results 6-Month 2013

    Results 2009 6-Month 2013

  27. Slide 27: Consolidated sales and earnings performance

    Consolidated sales and earnings performance ( (acc. t IFRS in to i € million) illi ) 1. HY 2012* 1. HY 2013 Comments Sales 1,163.5 1,283.0  + 10.3 % EBITDA in the established business fields 221 3 221.3 236 9 236.9  + 7.0 70% Start-up losses in the new business fields (Opex) 72.7 61.8 EBITDA 148.6

  28. Slide 28: Consolidated balance sheet as of June 30, 2013 (I)

    Consolidated balance sheet as of June 30, 2013 (I) (acc. to IFRS in €k) Assets 31.12.2012 30.06.2013 Comments:  € 24.0 mn additions compared to Property, plant and 261,014 238,782 € 45.8 mn depreciation and equipment / intangible assets amortization Goodwill 356,248 353,335  Stock exchange values

  29. Slide 29: Consolidated balance sheet as of June 30, 2013 (II)

    Consolidated balance sheet as of June 30, 2013 (II) (acc. to IFRS in €k) Liabilities and equity 31.12.2012 30.06.2013 Comments:  Equity ratio: 17.7 % (prior year 17.9 %) Equity 198,143 194,284 Treasury shares: €10.3 mn  Bank liabilties ((net): ) € 261.4 mn; Liabilities due to banks 300,276 297,081

  30. Slide 30: Consolidated cash flow as of June 30, 2013

    Consolidated cash flow as of June 30, 2013 (acc. to IFRS in €k) 2012 2013 Comments:  Increase despite € 61.8 mn Operative cash flow 95,242 118,515 (prior year € 72.7 mn) start-up losses in the new business fields  Stable despite strong expansion of Cash flow from operating activities 107,830 109,4

  31. Slide 31: Our success story continues!

    Unsere Our success story y Erfolgsgeschichte continues! geht weiter! 31 6-Month 2013 Frankfurt am Main, August 14, 2013

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