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freenet AG (FNTGn.DE)

FNTGn.DE on Xetra

22 Jun 2018
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Latest Key Developments (Source: Significant Developments)

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 AG confirms 2016 targets, dividend plan after Q2 results
Wednesday, 10 Aug 2016 

Freenet Ag : Q2 revenue rose 7.3 percent to 807.7 million eur . news: freenet ag emphasises dividend strength with heavy increase in free cash flow during second quarter . Says group revenue increases by 7.3 per cent to 807.7 million euros . Says ebitda. improves significantly by 17.7 per cent to 104.8 million euros . Says continues to intend to suggest a dividend of 1.60 euros per dividend-bearing share for financial year 2016 . Says confirmation of guidance for financial year 2016 .Says targets a moderately increasing group revenue for financial year 2016, an ebitda of slightly more than 400 million euros.  Full Article

Germany's Freenet to ramp up internet TV offering -CFO

BERLIN, June 18 German independent telecoms provider Freenet plans to ramp up its internet TV offering to challenge Netflix and Apple, Chief Financial Officer Joachim Preisig told Reuters.