Edition:
United Kingdom

freenet AG (FNTGn.DE)

FNTGn.DE on Xetra

20.77EUR
25 Apr 2019
Change (% chg)

-- (--)
Prev Close
€20.77
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
699,666
52-wk High
€27.11
52-wk Low
€16.11

Latest Key Developments (Source: Significant Developments)

Freenet Publishes Annual Report 2018 And Confirms Prelim Results
Monday, 25 Mar 2019 

March 25 (Reuters) - freenet AG ::DGAP-NEWS: FREENET AG: FREENET GROUP PUBLISHES ANNUAL REPORT 2018 AND CONFIRMS PRELIMINARY RESULTS.EXPECTS STABLE REVENUE DEVELOPMENT IN 2019 FINANCIAL YEAR.EBITDA BASED ON EBITDA 2018 EXCLUSIVE OF SUNRISE AND PROFITS OF ANALOGUE RADIO SALE (402.2 MILLION EUROS) IS EXPECTED TO COME IN BETWEEN 420 AND 440 MILLION EUROS.PROPOSE A DIVIDEND OF 1.65 EUROS PER SHARE.  Full Article

Freenet Forecasts Stable Business In 2019
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - freenet AG ::DGAP-NEWS: FREENET AG: FREENET GROUP MEETS TARGETS SET FOR 2018 AND EXPECTS RESULTS FOR 2019 TO REMAIN STABLE.FY EBITDA ROSE 8.1 PERCENT TO 441.3 MILLION EUR.REVENUE WITHOUT IFRS 15 EFFECTS: 3,659.2 MILLION EUROS (+4.3 PER CENT).EBITDA EXCLUSIVE OF SUNRISE: 441.3 MILLION EUROS (+8.1 PER CENT), INCLUDING 39.1 MILLION EUROS FROM SALE OF ANALOGUE RADIO INFRASTRUCTURE.FREE CASHFLOW EXCLUSIVE OF SUNRISE: 289.2 MILLION EUROS (-6.2 PER CENT) DUE TO HIGHER INVENTORIES YEAR-ON-YEAR.2019 OUTLOOK: BUSINESS FORECAST TO REMAIN STABLE.PROPOSED DIVIDEND FOR 2018: 1.65 EUROS PER SHARE.EBITDA BASED ON EBITDA 2018 EXCLUSIVE OF SUNRISE AND PROFITS OF ANALOGUE RADIO SALE IS EXPECTED TO COME IN BETWEEN 420 AND 440 MILLION EUROS.FREE CASHFLOW IS ANTICIPATED TO BE BETWEEN 240 AND 260 MILLION EUROS.Q4 SALES (WITHOUT IFRS 15 EFFECTS) 909 MILLION EUR.Q4 EBITDA 99.1 MILLION EUR.  Full Article

Freenet Extends Syndicated Bank Loan, Places Promissory Note
Tuesday, 11 Dec 2018 

Dec 11 (Reuters) - freenet AG ::DGAP-NEWS: FREENET AG IS OPTIMIZING THE MATURITY STRUCTURE OF ITS DEBT, THUS CREATING LONG-TERM FINANCING CERTAINTY.IS EXTENDING MATURITY OF EXISTING BANK LOAN TO 5 RESPECTIVELY 7 YEARS.VOLUME OF BANK LOAN WILL BE INCREASED BY 200 MILLION EUROS TO 910 MILLION EUROS.SUCCESSFUL PLACING OF A PROMISSORY NOTE FOR 100 MILLION EUROS WITH MATURITIES OF 5 AND 7 YEARS.REPAYMENT AHEAD OF SCHEDULE OF BRIDGE FINANCING OF 277 MILLION EUROS FALLING DUE IN JANUARY 2020.  Full Article

Freenet says expects EBITDA at upper end of guidance
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - freenet AG ::SAYS VALUABLE POSTPAID CUSTOMER GROUP HAS INCREASED BY 3.4 PER CENT YOY TO 6.87 MILLION CUSTOMERS, WITH A STABLE ARPU OF 21.9 EUROS.SAYS EBITDA EXCLUSIVE OF SUNRISE AND PROFITS OF ANALOGUE RADIO SALE STATED AT 302.2 MILLION EUROS AND THEREWITH STABLE OVER YEAR COMPARED TO 2017 (299.9 MILLION EUROS).SAYS SALE OF ANALOGUE RADIO BUSINESS RESULTED IN ONE-OFF EBITDA CONTRIBUTION OF 18.4 MILLION EUROS IN Q3/2018.SAYS AT 87.7 MILLION EUROS, FREE CASH FLOW IS IN LINE WITH GUIDANCE COMMUNICATED AT BEGINNING OF YEAR (85.0 MILLION EUROS FOR Q3/2018).SAYS DEVELOPMENT OF ALL KEY PERFORMANCE INDICATORS CONFIRMING GUIDANCE 2018.SAYS COMPANY IS NOW EXPECTING EBITDA EXCLUSIVE OF SUNRISE TO BE AT UPPER END OF FORECAST RANGE OF BETWEEN 410 MILLION EUROS AND 430 MILLION EUROS.  Full Article

Freenet Says Upgrades 2018 Guidance, Raises Div For 2017
Thursday, 1 Mar 2018 

March 1 (Reuters) - Freenet AG ::SAYS WITH A RECORD RESULT, FREENET AG HAS MET GUIDANCE FOR 2017, PROPOSES A FURTHER INCREASE IN DIVIDEND AND FORECASTS A STABLE GROWTH FOR 2018.FY REVENUE ROSE 4.3 PERCENT TO 3.507 BILLION EUR.DIVIDEND 1.65 EURPER SHARE.EBITDA 541.2 MILLION EUROS​.FY EBITDA 541.2 MILLION EUROS​.‍PROPOSED DIVIDEND INCREASE TO 1.65 EUROS FOR 2017​.‍GUIDANCE FOR 2018 UPGRADED IN VIEW OF A STABLE MOBILE COMMUNICATION BUSINESS AND GROWTH PROSPECTS IN TV AND MEDIA SEGMENT​.‍AIMS TO ACHIEVE STABLE GROUP REVENUE IN 2018​.‍SEES 2018 EBITDA EXCLUDING SUNRISE AT 410-430 MILLION EUROS​.‍SEES 2018 FREE CASH FLOW EXCLUDING SUNRISE OF 290-310 MILLION EURO​.  Full Article

Freenet posts higher Q3 sales and earnings ​
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Freenet says :Q3 revenue rose 1.5 percent to 880.1 million euros.Q3 ‍EBITDA without Sunrise of 110.1 million euros approximately 1.9 percent higher than the comparison quarter (previous year: 108.2 million euros); this does not include the EBITDA contribution of 103.6 million euros from the Sunrise participation.Group result increases by around 170 per cent to 157.1 million euros (previous year: 58.0 million euros); without Sunrise group result would be 53.5 million euros (+5.7 million euros or +10.8%).Ffree cash flow improves by 16.0 million euros to 87.3 million euros​.Expects to see group EBITDA increase to approximately 410 million euros for current financial year​.Also predicting a further slight increase in group EBITDA for 2018​.Planning free cash flow of approximately 310 million euros for whole of 2017, and is also predicting a slight increase in 2018.Upgrades its 2017 target for the number of freenet tv customers, and achieves long-term assurance for the sales partnership with media saturn​.  Full Article

Freenet says Q2 EPS fell to 0.41 eur from 0.43 eur
Tuesday, 8 Aug 2017 

Aug 8 (Reuters) - Freenet AG :H1 EBITDA rose 8.1 percent to 209.3 million eur.H1 revenue 1.677 billion eur versus 1.557 billion eur year ago.Group revenue rises to 839.2 million euros in Q2 (previous year: 807.7 million euros).Customer ownership increases by about 2 percent to 9.59 million (previous year: 9.42 million).Gross profit increases by around 6 percent to 231.6 million euros (previous year: 219.4 million euros).Group EBITDA of 108.4 million euros, up by around 4 percent on comparative quarter (previous year: 104.3 million euros).Segment tv and media has reached first milestone in terms of given targets with more than 550,000 paying customers.In Q2, company generated a group revenue of 839.2 million euros (previous year: 807.7 million euros).Thus, segment tv and media contributed with 74.7 million euros (previous year: 67.6 million euros) to quarterly revenue.With revenue of 756.9 million euros (previous year: 737.8 million euros) business segment mobile communications continued to dominate within group..Group revenue increased to 1,677.2 million euros (previous year: 1,556.9 million euros)..At 231.6 million euros gross profit rose sharply compared to Q2 of 2016 (219.4 million euros).Gross profit margin increased by 0.4 percentage points to 27.6 percent..Group EBITDA increased slightly in Q2 to 108.4 million euros (previous year: 104.3 million euros).  Full Article

Freenet: Helmut Thoma becomes chairman of new supervisory board of Freenet
Friday, 2 Jun 2017 

June 2 (Reuters) - FREENET AG ::HELMUT THOMA BECOMES CHAIRMAN OF THE NEW SUPERVISORY BOARD OF FREENET AG.  Full Article

Freenet sees room to improve on Swiss Sunrise-UPC deal: CFO

FRANKFURT German telecoms group Freenet sees room to improve the terms of a deal for Sunrise Communications, in which it is the largest shareholder, to buy Liberty Global's Swiss UPC cable business, CFO Ingo Arnold said.