Brief: Freenet AG H1 EBITDA At EUR 254.6 Mln

freenet AG

03/08/2023 17:08

Aug 3 (Reuters) - FREENET AG  FNTGn.DE :
    * FREENET IMPRESSES IN THE 1ST HALF OF 2023: EBITDA, FREE
CASH
FLOW AND SUBSCRIBERS SIGNIFICANTLY ABOVE PRIOR YEAR
    * EBITDA, FREE CASH FLOW AND SUBSCRIBERS SIGNIFICANTLY ABOVE
PRIOR
YEAR
    * PROFITABILITY INCREASED AGAIN: EBITDA AND FREE CASH FLOW
BOTH
RISE BY >5%
    * 2023 GUIDANCE CONFIRMED: EBITDA OF EUR 480 TO 500 MILLION
AND
FREE CASH FLOW OF EUR 250 TO 270 MILLION
    * H1 EBITDA AT EUR 254.6 MILLION
    * H1 REVENUE AT EUR 1.269 BILLION
    * H1 FREE CASH FLOW AT EUR 131.5 MILLION
    * NUMBER OF SUBSCRIBERS1 GREW IN FIRST SIX MONTHS OF YEAR BY
242.7
THOUSAND TO 9,285.2 THOUSAND (YEAR-END 2022: 9,042.4 THOUSAND)

Source text for Eikon:  ID:nEQ97SPNRa 
Further company coverage:  FNTGn.DE 

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