United Internet AG/€UTDI

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About United Internet AG

United Internet AG is a telecommunications and internet services provider headquartered in Montabaur, Germany. The company operates in the internet access and application sectors, offering a range of services including broadband and mobile access, hosting, and web-based productivity applications. Its major business segments include the Access segment, known for brands such as 1&1, and the Applications segment, which includes offerings through GMX, WEB.DE, and Ionos. United Internet was founded in 1988 by Ralph Dommermuth and has since expanded primarily through acquisitions and organic growth. The company has a significant presence in the European market with a focus on Germany. Its strategy emphasizes technological innovation and a scalable platform, aiming to provide comprehensive digital solutions to consumers and businesses.

Ticker

€UTDI

Sector

Communication

Primary listing

XETRA

Employees

10,824

UTDI Metrics

BasicAdvanced
€4.8B
39.24
€0.71
0.65
€1.90
5.41%

Bulls say / Bears say

Group revenue grew 4.3% to €3,231.7 million and adjusted EBITDA rose 2.0% to €675.6 million in H1 2025, with the company maintaining its full-year guidance, demonstrating resilience despite elevated network investments (United Internet AG press release)
United Internet raised its 2025 sales forecast to approximately €6.45 billion (from €6.4 billion) after Q1 contract growth of 150,000, reflecting management’s confidence in sustained customer acquisition momentum (Investing.com)
The long-term roaming partnership with Vodafone, signed in August 2024, guarantees seamless national coverage for 1&1 customers during the rollout of its own mobile network, supporting customer retention and service quality (United Internet AG annual report)
The Access segment’s H1 2025 sales declined by 0.7% to €2,002.3 million and segment EBITDA contracted by 5.3% to €414.5 million amid higher roaming and rollout costs, signaling pressure on core consumer access profitability (MarketScreener)
Consumer Access EBITDA fell 13.1% to €283.9 million in H1 2025, significantly impacted by €130.6 million in start-up costs for the 1&1 mobile network rollout, highlighting margin erosion from capex-intensive network build-out (Investing.com)
Negative free cash flow persisted in Q1 2025 at –€165.8 million, while net bank liabilities rose 8.8% year-on-year to €2,937.2 million, underscoring funding strain from continued heavy investments in network infrastructure (Investing.com)
Data summarised monthly by Lightyear AI. Last updated on 5 Oct 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.

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