United Internet AG Reports Strong Start for Fiscal Year 2026

United Internet AG reported a promising start to fiscal year 2026. In Q1, the company focused on boosting customer contracts and strengthening relationships, leading to sustainable growth. The company's customer contracts rose by 380,000, reaching 30.1 million. Consolidated sales for the quarter grew by 2.5% to EUR 1.552 billion, while EBITDA increased by 2.4% to EUR 331.9 million.

The EBIT surged by 15.6% to EUR 166.9 million, attributed to reduced depreciation and amortization costs. Earnings per share increased significantly by 44.0% to EUR 0.36, driven by decreased tax expenses. Cash capex was recorded at EUR -117.5 million for the quarter.

For the full year, United Internet anticipates a rise in consolidated sales to approximately EUR 6.25 billion, and an EBITDA increase to around EUR 1.45 billion. The company projects cash capex to range between EUR 600 to 650 million.