Renewed jumps in sales and operating profit in the third quarter make the internet service provider IONOS more optimistic for 2023.
The full-year earnings before interest, taxes, depreciation and amortization (Ebitda), adjusted for special effects, are now expected to increase by 13 percent to around 390 million euros, as the United Internet subsidiary IONOS announced on Friday in Karlsruhe. The margin should be around 27.5 percent – so far the board had communicated a margin of at least 27 percent with an increase in earnings of around ten percent. The managers see the increase in sales for the current year at around a tenth to around 1.4 billion euros.
Between July and September, sales climbed by 8.1 percent to 350.1 million euros as a result of increased customer numbers and roughly corresponded to what industry experts had expected. The adjusted operating result increased by almost 12 percent to around 105.5 million euros and was therefore slightly worse than expected. In the fourth quarter, the company wants to invest even more money to increase its brand awareness.
Via Tradegate, IONOS titles gained 3.76 percent to 14.90 euros premarket.
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KARLSRUHE/BERLIN (dpa-AFX)
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