1&1 AG
Drillisch AG continues on profitable growth curve in the second quarter
DGAP-News: Drillisch AG / Key word(s): Preliminary Results/Forecast Drillisch AG continues on profitable growth curve in the second quarter – MVNO subscribers +7.7% to 2.922 million (Q1 2016: 2.712 million) – Budget subscribers +11.1% to 2.338 million (Q1 2016: 2.100 million) – Average Gross Profit per MVNO subscriber (AGPPU) +7.2% to EUR7.85 (Q1 2016: EUR7.32) – Op. Cash-Flow stands at EUR71.8 million (Q1 2016: – EUR10.3 million) Maintal, 21 July 2016 – Drillisch AG (ISIN DE 0005545503) has continued with the positive trends of the first quarter 2016 in the operation business in the second quarter 2016. The management board confirms with the very good development in the operating business online and the clear increasing contribution of the offline segment its EBITDA guidance for 2016 in the amount of EUR115 million to EUR120 million and for 2017 in the amount of EUR160 million to EUR170 million. Highly positive development in subscriber numbers continues: In the second quarter of 2016, the number of budget subscribers grew organically by 238,000 (Q1 2015: +168,000), an increase of 41.7% compared with the first quarter. The average gross profit per MVNO customer (AGPPU) rose by 7.2% to EUR7.85 (Q1 2016: EUR7.32) because of a better utilization of the capacity obligation. Operating cash-flow of the second quarter showed a clear increase to EUR71.8 million compared with the first quarter 2016 (Q1 2016: – EUR10.3 million) Net Liquidity as per 30 June 2016 amounts to EUR44.5 million after the payment of the dividend of FY 2015 to shareholders (EUR95 million) in May 2016. Provisional, unaudited performance indicators comparison Q2 2016 v. Q2 2015
Provisional, unaudited performance indicators comparison Q2 2016 v. Q1 2016
The final quarterly report will be made available on the Company’s home page on 11 August 2016. Maintal, 21 July 2016 Drillisch AG Disclaimer: This report contains statements regarding the future which are based on the current assumptions and projections of the management of Drillisch AG. Various risks, uncertainties and other factors, both known and unknown, can cause actual developments, especially in the results, financial position, and the business of our Company, to deviate substantially from the projections about the future as they are shown here. The Company does not undertake any obligation to update such future-oriented statements and to adapt them to future events or developments. All of the above information is based on provisional calculations prior to the final consolidation and the conclusion of the review. It is consequently possible that the final business figures that are to be presented on 11 August 2016 will differ from those shown here. Contact: Oliver Keil Head of Investor Relations Mail: ir@drillisch.de
2016-07-20 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English | |
Company: | Drillisch AG | |
Wilhelm-Röntgen-Straße 1-5 | ||
63477 Maintal | ||
Germany | ||
Phone: | +49 (0)6181 412 218 | |
Fax: | +49 (0)6181 412 183 | |
E-mail: | ir@drillisch.de | |
Internet: | www.drillisch.de | |
ISIN: | DE0005545503 | |
WKN: | 554550 | |
Indices: | TecDAX | |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart; Terminbörse EUREX | |
End of News | DGAP News Service |