1&1 AG (XTER:1U1)
€ 17.5 0.3 (1.74%) Market Cap: 3.03 Bil Enterprise Value: 3.22 Bil PE Ratio: 10.12 PB Ratio: 0.51 GF Score: 75/100

Q1 2024 1&1 AG Earnings Call Transcript

May 08, 2024 / 08:30AM GMT
Release Date Price: €16.62 (+0.48%)
Oliver Keil
1&1 Drillisch AG - IR

Very warm good morning, ladies and gentlemen. On behalf of the Executive Board of 1&1 AG, I would like to welcome you to our one conference call for the first quarter. During this call, our CFO, Marcus Huhn will present to you the results for the first quarter of 2024, followed by the guidance for the year and the status of our 1&1 mobile networks following the presentation. As usual, we then take your questions.

Thank you. I would like to hand over now to Marcus.

Marcus Huhn
1&1 Drillisch AG - CFO

Thanks, Oliver. Good morning. This is Marcus Huhn speaking, CFO of 1&1 AG. Warm welcome to our call this morning. Yes, as Oliver has mentioned, I would like to give you an update on our performance in the first quarter as well as on the financial results as of end of March.

Let us step into the presentation on slide number four, the customer base. We have increased our customer base by 40,000 new customer contracts in the first quarter, 40,000 mobile contracts and the broadband base. We have

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