Ad-hoc Disclosure acc. to Art. 17 MAR: United Internet AG: United Internet with positive outlook for 2024

United Internet AG: United Internet with positive outlook for 2024

Montabaur, 19. December 2023. 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).

The company will continue to invest heavily in 2024, particularly in the expansion of its fibre-optic network and its mobile network. Cash capex is expected to be approx. 10 - 20% higher than in the current year (forecast 2023: approx. EUR 800 million).