German telecom provider 1&1's Q1 revenue rises 1.1%, EBITDA flat

1&1 AG

12/05/2026 06:43

Overview

Germany telecom provider's Q1 revenue rose 1.1% yr/yr; service revenue declined 1.2%

Q1 adjusted EBITDA was nearly flat, down 0.1% yr/yr

Company confirmed 2026 forecast for stable service revenue and higher EBITDA

Outlook

1&1 confirms 2026 service revenue to be at previous year's level of €3.662 bln

Company expects 2026 EBITDA to rise to about €800 mln

1&1 sees operating EBITDA growth of about €100 mln per year in 2027 and 2028

Result Drivers

STABLE CUSTOMER BASE - Co said total customer contracts remained unchanged at 16.32 mln at quarter end

SEGMENT EBITDA SHIFT - Consumer & Small Business EBITDA declined, while Enterprises & Networks EBITDA improved

Company press release: ID:nEQc5nbqSa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Adjusted EPS
EUR 0.10
Q1 Adjusted EBITDA
EUR 192.4 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the wireless telecommunications services peer group is "hold"

Wall Street's median 12-month price target for 1&1 AG is €25.60, about 13.8% above its May 11 closing price of €22.50

The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 22 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)