Germany’s United Internet AG (UTDI.DE) posted stronger first-half results for fiscal 2026, with profit and earnings before interest, taxes, depreciation, and amortization climbing year over year.
Net income attributable to shareholders grew to 126.51 million euros in the first half, up from 103.24 million euros during the same period last year.
Earnings per share climbed to 0.73 euro from 0.59 euro a year ago, reflecting the broader improvement in the company’s bottom-line performance.
Net income from continued operations reached 130.60 million euros, or 0.75 euro per share, compared to 83.60 million euros, or 0.48 euro per share, in the prior year period.
Consolidated operating EBIT rose 20 percent from last year to 342.4 million euros, marking a significant step up in operating performance for the German internet group.
Consolidated operating EBITDA grew 5.1 percent to 676.0 million euros, supported by movements in depreciation and amortization across the business.
The results reflected a decline in overall depreciation and amortization, as higher amortization of intangible assets was offset by lower purchase price allocation amortization.
Consolidated sales rose to 3.09 billion euros from 3 billion euros in the prior year period, with adjusted consolidated sales increasing 3.3 percent on a comparable basis.
The number of fee-based customer contracts increased by 550,000 during the half, bringing the total to 30.27 million contracts across the group’s various service offerings.
Mobile internet contracts, however, declined by around 150,000 in the first half of 2026, with approximately 100,000 of those losses recorded in April alone.
Broadband connections offered a modest offset, rising by 10,000 contracts during the same reporting period, suggesting some resilience in fixed-line service demand.
Looking ahead, United Internet confirmed its full-year fiscal 2026 outlook, continuing to expect sales of around 6.25 billion euros, up from last year’s 6.104 billion euros.
The company also maintained its full-year EBITDA target of around 1.45 billion euros, compared to the prior year figure of 1.282 billion euros, signaling confidence in the second half trajectory.
