United Internet (ETR:UTDI) confirmed its 2026 guidance after reporting growth in revenue, EBITDA and free cash flow during the first half of the year, supported by its IONOS cloud business and increased monetization at its Mail & Media division.
Chief Executive Officer Ralph Dommermuth said the company expects approximately EUR 6.25 billion in revenue, EBITDA of about EUR 1.45 billion and cash capital expenditures of EUR 600 million to EUR 650 million for the full year. “The first half of the year has panned out very positively,” Dommermuth said, adding that the company was looking positively toward the second half. 1&1 Customer Base Declines as Tariffs Shift In the 1&1 segment, which includes consumer and small-business internet access, the Versatel business-to-business operations and discount brands, mobile customer contracts declined by 150,000 during the first half
Broadband connections increased by 10,000, resulting in a net decline of 140,000 customer contracts. Dommermuth attributed the customer decline primarily to the discontinuation of particularly low-priced tariffs and reductions in included data allowances for higher-performance tariffs. The segment had 12.33 million mobile contracts and just under 4 million broadband connections at the end of the period. 1&1 revenue rose 1.6%, while service revenue declined 1.1% to EUR 1.805 billion.
Other revenue increased 13.5% to EUR 464.8 million. EBITDA increased 5.1% to EUR 382.7 million, producing an EBITDA margin of 16.9%. The company said its enterprise and network operations have more than 70,000 kilometers of fiber network across more than 350 cities, with 30,000 directly connected sites.