Brief: Freenet AG - Formulates Financial Ambition until 2028
Nov 8 (Reuters) - FREENET AG FNTGn.DE :
* FORMULATES FINANCIAL AMBITION UNTIL 2028 - EBITDA AND FREE
CASH
FLOW TO GROW SIGNIFICANTLY
* EBITDA OF AT LEAST EUR 600 MILLION TARGETED FOR END OF
2028
* FREE CASH FLOW TO INCREASE IN LINE WITH EBITDA DEVELOPMENT
TO AT
LEAST EUR 330 MILLION
* DIVIDEND DISTRIBUTION OF 80% OF FREE CASH FLOW WILL BE
MAINTAINED
Source text: ID:nEQTyZHfa
Further company coverage: FNTGn.DE
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com))
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