Brief: Freenet 2024 Guidance Aims For EBITDA At EUR 495-515 Mln

freenet AG

28/02/2024 17:08

Feb 28 (Reuters) - FREENET AG  FNTGn.DE :
    * FREENET GENERATES EBITDA OF HALF A BILLION EUROS FOR THE
FIRST
TIME AND PROPOSES DIVIDEND INCREASE
    * PROPOSED DIVIDEND AMOUNTS TO EUR 1.77 PER SHARE (PY: EUR
1.68)
    * FY EBITDA GROWTH OF 4.5% TO EUR 500.2 MILLION (PY: EUR
478.7
MILLION)
    * FY GROUP REVENUES INCREASED BY 2.8% TO EUR 2,627.3 MILLION
(PY:
EUR 2,556.7 MILLION)
    * 2024 GUIDANCE: EBITDA GUIDANCE LEAVES ROOM FOR FURTHER
INCREASE
DESPITE GROWTH INVESTMENTS
    * FREENET AG - 2024 FREE CASH FLOW IS EXPECTED TO BE BETWEEN
EUR
260 MILLION AND EUR 280 MILLION
    * GUIDANCE FOR 2024 EBITDA (EUR 495 TO 515 MILLION) ASSUMES
NO
SIGNIFICANT FINANCIAL GROWTH COMPARED TO PREVIOUS YEAR

Source text for Eikon:  ID:nEQhBPlna 
Further company coverage:  FNTGn.DE 

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