United Internet maintains FY outlook as H1 sales grow 11%

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(Telecompaper) Germany’s United Internet has confirmed its full-year growth outlook after a solid increase in first-half results. Revenues rose 10.9 percent year-on-year to EUR 2.549 billion on a pro forma basis for its acquisitions of Strato and Drillisch, and EBITDA increased 10.8 percent to EUR 565.5 million on the same basis. For the full year, United Internet expects revenues to grow to EUR 5.2 billion and EBITDA of EUR 1.2 billion. 
Source: Industry News (syndicated from Telecompaper.com)

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