Drillisch AG (DRIG.DE)

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Latest Key Developments (Source: Significant Developments)

Drillisch says supervisory board ‍elected Michael Scheeren as chairman​
Tuesday, 14 Nov 2017 

Nov 13 (Reuters) - Drillisch Ag ::Drillisch ag: change of supervisory board chairman following the closing of the overall transaction.Drillisch ag says ‍elected Michael Scheeren as its new chairman​.  Full Article

Drillisch AG revenue up 9.9 pct to 1.965 bln euros for 9 months
Tuesday, 14 Nov 2017 

Nov 13 (Reuters) - Drillisch Ag :9 months EBITDA from continuing operations rose 24.7 percent to 352.7 million euros.9 months revenue rose 9.9 percent to 1.965 billion euros .‍Confirmation of forecasts for 2017​.‍MVNO subscribers increased by 96.6 percent to 8.06 million​ for 9 months of 2017.Drillisch AG - ‍For combined entity, which includes Drillisch numbers from Sept, expect adjusted EBITDA in 2017 in amount of 520 million euros to 530 million​ euros .  Full Article

Drillisch board picks Dommermuth as new CEO from 2018
Saturday, 30 Sep 2017 

Sept 30 (Reuters) - Drillisch Ag :dgap-news: Drillisch AG: implementation of the planned change in the management board following closing of the overall transaction..Says supervisory board appointed Ralph Dommermuth as CEO effective on Jan. 1, 2018 and Martin Witt as a member of management board effective on Oct. 1, 2017..  Full Article

United Internet offer for Drillisch to run through June 23
Friday, 26 May 2017 

May 26 (Reuters) - United Internet :Says takeover offer for Drillisch <<>> to run through june 23.Says Drillisch deal expected to be completed by year-end.  Full Article

United and Drillisch to remain independent listed company after integration of 1&1 Telecommunication
Friday, 12 May 2017 

May 11 (Reuters) - United Internet Ag :Drillisch is to remain an independent listed company.  Full Article

United Internet announces takeover offer for Drillisch AG
Friday, 12 May 2017 

May 11 (Reuters) - :United Internet AG - decided to make voluntary public takeover offer to shareholders of Drillisch Aktiengesellschaft to acquire their no-par value bearer shares .United Internet - deal for cash consideration of 50 euros per Drillisch share.  Full Article

Drillisch confirms EBITDA outlook for 2016, 2017
Thursday, 21 Jul 2016 

Drillisch Ag : Says op. Cash-Flow stands at eur71.8 million (q1 2016: - eur10.3 million) . Says management board confirms ebitda guidance for 2016 in amount of eur115 million to eur120 million and for 2017 in amount of eur160 million to eur170 million . news: drillisch ag continues on profitable growth curve in the second quarter . Says mvno subscribers +7.7% to 2.922 million (q1 2016: 2.712 million . Says budget subscribers +11.3% to 2.338 million (q1 2016: 2.100 million) . Says average gross profit per mvno subscriber (agppu) +7.2% to eur7.85 (q1 2016: eur7.32) Further company coverage: [DRIG.DE] (Frankfurt newsroom) ((+49 69 7565 1270; Reuters Messaging: frankfurt.newsroom@thomsonreuters.net)).  Full Article

Drillisch expects 40 pct EBITDA increase for fiscal 2017
Thursday, 12 May 2016 

Drillisch AG : Drillisch AG posts substantial growth in subscribers, revenues and gross profit . And confirms EBITDA forecast 2016 . Drillisch Q1 revenue up 74.8 pct on year to 173.4 mln eur . Drillisch Q1 EBITDA 24 mln eur, from 26.9 mln eur . In comparison with same period last year, Q1 service revenue rose by 29.2 million euros . Confirms the EBITDA forecast for fiscal year 2016 of between EUR115 million and EUR120 million . Drillisch expects a further increase in the EBITDA by about 40 percent to between EUR160 million and EUR170 million for fiscal year 2017 .Management and Supervisory Boards have submitted a dividend proposal for 2015 of EUR1.75.  Full Article

Drillisch says chairman of management board Paschalis Choulidis to resign
Thursday, 24 Mar 2016 

Drillisch AG:Paschalis Choulidis resigns for private reasons as member and chair of Drillisch AG's management board with effect of June 30.As from July 1 Vlasios Choulidis will assume the chair.  Full Article

Drillisch confirms FY 2016 EBITDA forecast, proposes increased dividend
Thursday, 24 Mar 2016 

Drillisch AG:Dividend increase to 1.75 euros per voting share​.Confirmation of the EBITDA forecast 2016: Expects an increase in EBITDA to between 115 million euros and 120 million euros in 2016​.FY 2016 EBITDA estimate 120 million euros - Thomson Reuters I/B/E/S.  Full Article

United Internet beats on Q3 core profits, buoyed by M&A

FRANKFURT, Nov 13 German internet service provider United Internet reported a forecast-beating rise in third-quarter core earnings and booked one-off gains related to its acquisition of budget mobile firm Drillisch .