Ad hoc announcement acc. to Sec.15 WpHG: Extraordinary impairment charge of Sedo Holding AG. Other business divisions developing as planned.
Montabaur, August 4, 2012. Sedo Holding AG, a listed company in which
United Internet AG holds a 79.45% shareholding, announced on August 3, 2012 that the company had recognized non-cash-effective extraordinary impairment charges for goodwill of EUR 60.3 million. These write-downs were necessitated in particular by a significant change in expectations with regard to the company's Domain Parking business.
Due to consolidation of the Sedo figures, United Internet will disclose non-cash-effective extraordinary impairment of EUR 46.3 million in its consolidated financial statements.
The other business divisions of United Internet AG are developing as planned. The figures for the 1st half of 2012 will be published in the course of financial reporting on August 14, 2012.