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EQS-News: IONOS Group SE with Q1 2024 results and confirmation of guidance for 2024


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
[email protected]
Phone +49 721 50957968

Investor Relations contact:
Stephan Gramkow
[email protected]
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.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: IONOS Group SE
Elgendorfer Straße 57
56410 Montabaur
Germany
E-mail: [email protected]
ISIN: DE000A3E00M1
WKN: A3E00M
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Vienna Stock Exchange
EQS News ID: 1897689

 
End of News EQS News Service

1897689  08.05.2024 CET/CEST

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Ionos Group SE Stock

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With a target price of 40 € there is a hugely positive potential of 60.97% for Ionos Group SE compared to the current price of 24.85 €.
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