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United Internet AG Elgendorfer Straße 57 56410 Montabaur, Germany http://www.unitedinternet.de
Contact Mr Marcus Schaps +49 2602 961076
Company logo of United Internet AG
United Internet AG

2008: Sales + 10.9%; EBIT + 8.3%. Earnings burdened by EUR 275.4 million write-downs on investments

(PresseBox) (Montabaur, )
The Management Board of United Internet AG today announced the Group's audited results according to IFRS for the fiscal year 2008. The figures reveal a positive development in the Group's operating business (sales: + 10.9%; EBIT: + 8.3%), but also high non-cash write-downs (EUR -275.4 million) on investments. Operative cash flow grew slightly to EUR 210.5 million. In view of the balance sheet loss caused by these high write-downs in the annual financial statements of the parent company, United Internet AG, no dividend will be paid for the fiscal year 2008.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.