The United Internet case
by
Joachim Häcker

Disclaimer: The case study “United Internet” does not point out a real case scenario. It is pure fiction. It is based on analyses conducted
by the author, to the best of his knowledge. The financial figures are based solely on literature research and on publicly available
information. The author has inspected the information to the best of his knowledge, but is not liable for it. The author bears no
responsibility for the completeness or accuracy of this data. This analyses and conclusions in this case study should not be used as the
basis for investments in stocks. The author will not bear any liability for any financial action taken by the reader.
In T€
United Internet: p&l
2020
2019
In T€
United Internet: assets
2020
2019
United Internet: liabilities
In T€
2020
2018
2019
2017
United Internet: equity
In T€
2020
2018
2018
2019
2017
2017