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freenet AG (FNTGn.DE)

FNTGn.DE on Xetra

18.07EUR
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€0.08 (+0.44%)
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€17.99
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€18.06
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€18.18
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€18.00
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188,579
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€21.47
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€16.11

Latest Key Developments (Source: Significant Developments)

Liberty Global Reiterates Commitment to Binding Terms of Sunrise's Acquisition of UPC Switzerland
Tuesday, 27 Aug 2019 

Aug 27 (Reuters) - Liberty Global Plc ::LIBERTY GLOBAL REITERATES COMMITMENT TO BINDING TERMS OF SUNRISE'S ACQUISITION OF UPC SWITZERLAND.LIBERTY GLOBAL- NOTES RECENT STATEMENTS BY FREENET, SUNRISE COMMUNICATIONS ON PROPOSED ACQUISITION OF LIBERTY'S SWISS OPERATION BY SUNRISE, ANNOUNCED IN FEB.FULLY COMMITTED TO COMPLETING TRANSACTION AS AGREED.CO HAS NOT HAD ANY DISCUSSIONS REGARDING AMENDING BINDING TRANSACTION TERMS, AND HAS NO INTENTION OR INTEREST IN DOING SO.CO PLEASED WITH CONTINUED TURNAROUND BY UPC SWITZERLAND.  Full Article

Sunrise Communications Says UPC Deal Has Compelling Rationale
Friday, 16 Aug 2019 

Aug 16 (Reuters) - Sunrise Communications Group AG ::REMAINS CONVINCED THAT THE ACQUISITION OF UPC SWITZERLAND CREATES A STRONGER AND MORE VALUABLE SUNRISE.HAS TAKEN NOTE OF THE ANNOUNCEMENT BY FREENET TO VOTE AGAINST THE RIGHTS ISSUE RELATED TO THE ACQUISITION OF UPC SWITZERLAND.  Full Article

Freenet confirms 2019 guidance after stable Q1 results
Wednesday, 8 May 2019 

May 8 (Reuters) - Freenet AG ::DGAP-NEWS: FREENET GROUP CONFIRMS GUIDANCE FOR 2019 BASED ON STABLE FIRST-QUARTER RESULTS.SAYS STEADY SUBSCRIBER BASE^1 (8.168 MILLION CUSTOMERS) KEEPS REVENUE AT PREVIOUS YEAR'S LEVEL.SAYS EBITDA WITHOUT ACCOUNTING FOR IFRS 16 STABLE IN Q1/2019 (96.5 MILLION EUROS) COMPARED TO PRIOR-YEAR QUARTER (96.8 MILLION EUROS).SAYS FREE CASH FLOW ABOVE EXPECTATIONS AT 45.3 MILLION EUROS DUE TO LOWER LEVELS OF INVESTMENT.SAYS Q1 REVENUE 689.9 MILLION EUROS.  Full Article

Freenet names Ingo Arnold new CFO
Thursday, 4 Oct 2018 

Oct 4 (Reuters) - freenet AG ::CHIEF FINANCIAL OFFICER JOACHIM PREISIG TO LEAVE AT END OF 2018. INGO ARNOLD TO BECOME NEW CFO OF FREENET AG.  Full Article

Freenet says Q2 core earnings rise 9 percent, confirms outlook
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - freenet AG ::SAYS REPORTS STABLE FIGURES IN ALL SEGMENTS IN Q2/2018 AND CONFIRMS GUIDANCE FOR THE FINANCIAL YEAR 2018.Q2 REVENUE 894 MILLION EUR.SAYS INCREASE OF 9.6 MILLION EUROS IN EBITDA TO 117.9 MILLION EUROS (Q2/2017: 108.4 MILLION EUROS).SAYS CONFIRMING GUIDANCE FOR FINANCIAL YEAR 2018.SAYS GROUP RESULT INCREASED BY 11.1 MILLION EUROS COMPARED WITH PREVIOUS-YEAR, TO 61.3 MILLION EUROS (Q2/2017: 50.2 MILLION EUROS).SAYS AT 111.1 MILLION EUROS, FREE CASH FLOW WAS SLIGHTLY LOWER THAN IN PREVIOUS-YEAR QUARTER (Q2/2017: 124.7 MILLION EUROS).SAYS WILL CONTINUE IN FUTURE TO BE ABLE TO PAY A SUSTAINABLE AND STABLE DIVIDEND..  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

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Activist investor AOC opposes Sunrise takeover of Swiss UPC

ZURICH Activist investor Active Ownership Capital (AOC) has joined the ranks of shareholders that oppose Sunrise Communications' planned 6.3 billion Swiss franc (5.16 billion pounds) takeover of Liberty Global's UPC Swiss cable operator.