Interim Group Report
January 1 to March 31, 2017

financial highlights

  • Group performance in first quarter of 2017 follows on seamlessly from success of the previous year
  • CEO Tim Höttges: "Our investments in the United States have paid off."
  • Net revenue of the Group up 5.8 percent to 18.6 billion euros
  • Adjusted EBITDA up 7.5 percent to 5.6 billion euros
  • Free cash flow up 50 percent to 1.2 billion euros
  • Positive revenue and earnings trends in Europe
  • As expected, substantial decline in net profit to 0.7 billion euros after impact of book gain from EE transaction in the prior-year quarter
  • Group reconfirms full-year forecast

At a Glance

Growth trend continued: Net revenue grew by EUR 1.0 billion to EUR 18.6 billion – increase of 5.8 percent.

Interim Group
management report

The following changes were recorded as of the start of the year from the Group’s point of view:

Interim consolidated
financial statements

The statement of financial position, the income statement, the statement of comprehensive income, the statement of changes in equity, the statement of cash flows