United Internet Ag · XETR:UTDI

United Internet — Q1 2021 Earnings Presentation

19 slides from United Internet's earnings presentation, May 11, 2021

  1. Slide 1: Analyst and Investor Webcast – 3M Results 2021

    UNITED INTERNET AG Analyst and investor Webcast – 3M Results 2021 Montabaur, May 11, 2021 1 Analyst and Investor Call Presentation – 3M 2021 May 11, 2021

  2. Slide 2: KPIs 3M 2021

    KPIs 3M 2021  25.93 million customer contracts: +280,000 in the first 3 months 2021 Revenues and earnings figures (in € million) 3M 2020 3M 2021 Change Revenues 1,329.4 1,392.2 +4.7 % EBITDA (1) 300.8 346.5 +15.2 % EBITDA operative (2) 300.8 312.1 +3.8 % EBIT 184.2 230.6 +25.2 % EBIT operative (2)

  3. Slide 3: "Access" in 3M 2021

    “ACCESS” IN 3M 2021  CONSUMER ACCESS  BUSINESS APPLICATIONS  BUSINESS ACCESS  CONSUMER APPLICATIONS 3 Analyst and Investor Call Presentation – 3M 2021 May 11, 2021

  4. Slide 4: Consumer Access Segment: Customer Contracts

    CONSUMER ACCESS SEGMENT: CUSTOMER CONTRACTS (in million) Mobile Internet Broadband connections 14.83 14.97 15.00 +0.14  14.97 million customer contracts (+140,000) 10.00 10.52 10.66  10.66 million mobile internet contracts (+140,000)  4.31 million broadband connections (+/- 0) 5.00 4.31 4.31 0.00

  5. Slide 5: Consumer Access Segment: Revenues

    CONSUMER ACCESS SEGMENT: REVENUES (acc. to IFRS in € million) Services revenues Hardware revenues 1,000 965.9 +32.2 933.7 900 (+3.4%) 800  +3.4 % revenues to € 965.9 million 700 600  +1.9 % service revenues to € 762.2 million 747.8 762.2 500  +9.6 % other revenues, in particular hardware 400 300

  6. Slide 6: Consumer Access Segment: EBITDA

    CONSUMER ACCESS SEGMENT: EBITDA (acc. to IFRS in € million) 220 202.8 200  +23.1 % EBITDA to € 202.8 million 180 34.4 164.8 +3.6  incl. € +34.4 million from revised Telefonica 160 (+2.2%) 140 conditions (non-period) 120 100  +2.2 % EBITDA operative to € 168.4 million 80 168.4  incl. € -7.2 milli

  7. Slide 7: Business Access Segment: Revenues

    BUSINESS ACCESS SEGMENT: REVENUES (acc. to IFRS in € million) 140 128.3 118.7 +9.6 120 (+8.1%) 100  + 8.1 % revenues to € 128.3 million 80 60 40 20 0 3M 2020 3M 2021 7 Analyst and Investor Call Presentation – 3M 2021 May 11, 2021

  8. Slide 8: Business Access Segment: EBITDA

    BUSINESS ACCESS SEGMENT: EBITDA (acc. to IFRS in € million) 40 38.2 +3.0 35.2 35 (+8.5%) 30  +8.5 % EBITDA to € 38.2 million 25  29.8 % EBITDA margin (prior year: 29.7 %) 20 15 10 5 0 3M 2020 3M 2021 8 Analyst and Investor Call Presentation – 3M 2021 May 11, 2021

  9. Slide 9: "Applications" in 3M 2021

    “APPLICATIONS” IN 3M 2021  CONSUMER ACCESS  BUSINESS APPLICATIONS  BUSINESS ACCESS  CONSUMER APPLICATIONS 9 Analyst and Investor Call Presentation – 3M 2021 May 11, 2021

  10. Slide 10: Business Applications Segment: Customer Contracts

    BUSINESS APPLICATIONS SEGMENT: CUSTOMER CONTRACTS (in million) Abroad Domestic 10.00 8.45 8.56 +0.11  8.56 million customer contracts (+110,000) 8.00  4.43 million abroad 4.39 4.43 6.00  4.13 million domestic 4.00 2.00 4.06 4.13 0.00 31.12.2020 31.03.2021 10 Analyst and Investor Call Presentation

  11. Slide 11: Business Applications Segment: Revenues

    BUSINESS APPLICATIONS SEGMENT: REVENUES (acc. to IFRS in € million) 300 256.2 250 237.0 +19.2 (+8.1%)  +8.1 % revenues to € 256.2 million 200  Customer growth 150  Up- und Cross-selling 100 50 0 3M 2020 3M 2021 11 Analyst and Investor Call Presentation – 3M 2021 May 11, 2021

  12. Slide 12: Business Applications Segment: EBITDA

    BUSINESS APPLICATIONS SEGMENT: EBITDA (acc. to IFRS in € million) 90 76.9 79.2 +2.3 80 (+3.0%)  +3.0 % EBITDA to € 79.2 million 70 60  incl. € -10.1 million product/sales offensive for 50 cloud business and further internationalization 40 30  30.9 % EBITDA margin (prior year: 32.4 %) 20 10 0 3M 2

  13. Slide 13: Consumer Applications Segment: Accounts

    CONSUMER APPLICATIONS SEGMENT: ACCOUNTS (in million) Free accounts Pay accounts  41.95 million consumer accounts 50 41.77 41.95 +0.18  39.55 million free accounts (+150,000) 40  2.40 million pay accounts (+30,000) 30  thereof 27.2 million with mobile usage (+470,000) 39.40 39.55 20  thereof 21.

  14. Slide 14: Consumer Applications Segment: Revenues

    CONSUMER APPLICATIONS SEGMENT: REVENUES (acc. to IFRS in € million) 80 70 65.3 60.8 +4.5 60 (+7.4%)  +7.4 % revenues to € 65.3 million 50 40 30 20 10 0 3M 2020 3M 2021 14 Analyst and Investor Call Presentation – 3M 2021 May 11, 2021

  15. Slide 15: Consumer Applications Segment: EBITDA

    CONSUMER APPLICATIONS SEGMENT: EBITDA (acc. to IFRS in € million) 30 25.9 25 +2.6 23.3 (+11.2%)  +11.2 % EBITDA to € 25.9 million 20  39.7 % EBITDA margin (prior year: 38.3 %) 15 10 5 0 3M 2020 3M 2021 15 Analyst and Investor Call Presentation – 3M 2021 May 11, 2021

  16. Slide 16: Key Financial KPIs as of 31 March 2021

    KEY FINANCIAL KPI S AS OF 31 MARCH 2021 (contracts in million / financial KPIs acc. to IFRS in € million) 3M 2020 3M 2021 Change Revenues 1,329.4 1,392.2 +4.7% EBITDA* 300.8 346.5 +15.2% EBITDA operative 300.8 312.1 +3.8% Capex 49.5 63.7 +14.2m Free cash flow** 96.3 43.9 -52.4m 31.12.2020 31.03.2021

  17. Slide 17: Outlook 2021

    OUTLOOK 2021 17 Analyst and Investor Call Presentation – 3M 2021 May 11, 2021

  18. Slide 18: Outlook 2021

    OUTLOOK 2021 Full-year guidance 2021 confirmed  Revenues: approx. € 5.5 billion (2020: approx. € 5.367 billion)  EBITDA: approx. € 1.22 billion (2020: approx. € 1.048 billion)  incl. € - 30 million start-up costs for the 5G network  incl. € - 40 million product/sales offensive with focus in clou

  19. Slide 19: United Internet AG Analyst and Investor Webcast – 3M Results 2021

    UNITED INTERNET AG Analyst and investor Webcast – 3M Results 2021 Montabaur, May 11, 2021 19 Analyst and Investor Call Presentation – 3M 2021 May 11, 2021

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