IONOS Group SE with Q1 2024 results and confirmation of guidance for 2024
May 08, 2024 at 01:33 am EDT
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EQS-News: IONOS Group SE
/ Key word(s): Quarterly / Interim Statement/Quarterly / Interim Statement
IONOS Group SE with Q1 2024 results and confirmation of guidance for 2024
08.05.2024 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.
+ 200,000 customers to 6.26 million (Q1 2023: 6.06 million customers)
+ 5.4% sales to € 373.0 million (Q1 2023: € 353.8 million)
+ 22.7% adjusted EBITDA to € 105.3 million (Q1 2023: € 86.2 million)
Guidance for 2024 confirmed
Karlsruhe / Berlin, 08 May 2024: IONOS Group SE, the leading European digitalization partner for small and medium-sized enterprises, has made a successful start to the 2024 financial year. In addition to the positive development of revenue and earnings in the first three months of 2024, the number of customers also increased by around 200,000 to 6.26 million.
In the first quarter, sales increased by 5.4% to € 373.0 million (Q1 2023: € 353.8 million). Adjusted EBITDA increased significantly in the first three months of 2024, rising 22.7% YoY to € 105.3 million (Q1 2023: € 86.2 million). The adjusted EBITDA margin increased to 28.4% (Q1 2023: 24.4%).
Due to the successful start to the 2024 financial year, IONOS is confirming its guidance for 2024 and 2025. For the 2024 financial year, the company is planning currency-adjusted sales growth of around 11% (2023: € 1.423 billion). The adjusted EBITDA margin is expected to be around 28.5% (2023: 27.4%), resulting in adjusted EBITDA of around € 450 million (2023: € 390.3 million).
For 2025, IONOS plans to maintain its strong sales growth and further increase the adjusted EBITDA margin to around 30%.
Media contact:
Andreas Maurer press@ionos-group.com
Phone +49 721 50957968
Investor Relations contact:
Stephan Gramkow investor-relations@ionos-group.com
Telefon +49 721 50957097
08.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
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IONOS Group SE, formerly IONOS TOPCO SE, is a Germany-based company, which provides Website hosting services. It offers a portfolio of Web presence, productivity and cloud solutions, supported by customer care and required infrastructure. The Company's brand includes arsys, fasthosts, home.pl, InterNet X, IONOS, sedo.com, STRATO, united domains, we22 and WORLD4YOU through which, it offers range of Website hosting products, such as e-mail solutions and high-end servers in different countries including Germany, Spain, Great Britain and the United States. It serves private users as well as high-end products for small-and medium-sized businesses.