Europe’s leading internet specialist, the United Internet AG posted an assuring quarter two result amid Covid-19 fears on Thursday. The earnings are in line with the forecasts of experts and analysts.
The company posted revenue of €1.33B with €0.47 earnings on each share. Meanwhile, the stocks of United Internet AG are rallying 12.83% down since the start of the year. It traded on €42.480, as the story was reported. It’s low from from-52-week-high.
Interestingly, has put up a shallow performance on STOXX, which happens to trade 10.42% down compared to the previous year.