1&1 Drillisch AG Company Profile and Outlook
1&1 Drillisch AG is a listed stock corporation and one of the large network-independent telecommunications providers in Germany. The Company provides its customers with a comprehensive portfolio of services and products from the fields of DSL, mobile voice and data services. The core business of 1&1 Drillisch Group is telecommunications and is essentially conducted by the wholly-owned subsidiaries Drillisch Online AG ("Drillisch Online"), Maintal, and 1&1 Telecommunication SE ("1&1"), Montabaur. Drillisch's primary activity is the marketing of postpaid and prepaid products in the networks of Telefónica and Vodafone as well as landline and DSL products, including the related applications (such as home networking, online storage, telephony, video on demand or IPTV).
The Group has a total workforce of about 3,143 associates. In Q1 2018, we realised revenues of €904.3 million (Q4 2017: €820.3 million; Q1 2017: €624.2 million).
Despite the investments in customer growth, the consolidated EBITDA from the continued operation (earnings from the continued operation before interest, taxes, depreciation and amortisation) increased to €165.5 million in Q1 2018 (Q4 2017: €151.3 million; Q1 2017: €106.7 million). The EBITDA margin from the continued operation reached 18.3% (Q4 2017: 18.4%; Q1 2017: 17.1%).
1&1 Drillisch in an excellent position to take the next steps in the Company’s development and is looking ahead to the future with confidence. 1&1 Drillisch is planning an increase of about 1.2 million in the number of customer contracts subject to charge, we expect an increase in revenue to about €3.7 billion (2017: €2.8 billion) in 2018 and the EBITDA has been targeted to rise to about €750 million (2017: €532.2 million).