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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