6,366
edits
1&1:Quarterly Results/2023 Q1: Difference between revisions
no edit summary
No edit summary |
|||
| Line 1: | Line 1: | ||
Return to: [[Earnings Season]] /[[1&1]] | Return to: [[Earnings Season]] /[[1&1]] | ||
== Results == | |||
Here is a summary of the results as well as comparisons to analysts consensus estimates<ref>https://imagepool.1und1.ag/v2/download/berichte/1und1-AG_Q1-2023_EN.pdf</ref>. | |||
* Revenue of 1.021 billion eusos (+4.6% y/y) topped analysts estimates of 987.2 million euros(+1.2% y/y). The beat in estimates was largely driven by hardware sales which grew 24.7% y/y to 232.1 million euros. | |||
* Service revenue was 788.9 million euros, at the same level as last year and below estimate of 797 million euros(+1%). This was due to "the declining number of contracts for higher-priced broadband contracts." | |||
* The number of customer contracts increased to 15.87 million, slightly below the 15.88 million estimate | |||
* Mobile internet contracts increased to 11.80 million slightly below the 11.81 million estimate. | |||
* Broadband customers declined by 30,000 to 4.07 million as expected. | |||
* Start-up costs for the roll-out of its 5G network was approximately €-120 million (2022: €-52.4 million euros). | |||
== Estimates == | == Estimates == | ||
| Line 38: | Line 48: | ||
|- | |- | ||
|Access contracts | |Access contracts | ||
|15. | |15.882 million | ||
|2.5% | |2.5% | ||
|16.26 million | |16.26 million | ||
| Line 50: | Line 60: | ||
|- | |- | ||
|Broadband customers | |Broadband customers | ||
|4. | |4.073 million | ||
| -3.3% | | -3.3% | ||
|4.01 million | |4.01 million | ||