Edition:
United Kingdom

freenet AG (FNTGn.DE)

FNTGn.DE on Xetra

18.38EUR
18 Feb 2019
Change (% chg)

€0.38 (+2.08%)
Prev Close
€18.00
Open
€18.10
Day's High
€18.50
Day's Low
€18.07
Volume
625,847
Avg. Vol
753,285
52-wk High
€29.19
52-wk Low
€16.11

Latest Key Developments (Source: Significant Developments)

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

CORRECTED-(OFFICIAL)-UPDATE 1-Freenet says it could support Sunrise/UPC Swiss tie-up

BERLIN, Feb 4 Freenet, the largest shareholder in Switzerland's Sunrise Communications, is aware from media reports of cooperation talks between Sunrise and Liberty Global's local Swiss business UPC and welcomes the idea of consolidation, a Freenet spokeswoman said.