Brief: Freenet FY EBITDA Up At EUR 447.3 Mln

freenet AG

24/02/2022 17:05

Feb 24 (Reuters) - FREENET AG  FNTGn.DE :
    * EXCEEDS RAISED 2021 GUIDANCE - SIGNIFICANT EBITDA AND FREE
CASH
FLOW GROWTH FORECAST FOR 2022
    * EBITDA GROWS BY +5.0 % YEAR-ON-YEAR TO 447.3 MILLION EUROS
IN
2021
    * DIVIDEND PROPOSAL FOR 2021 OFFERS PROSPECT OF +4.7 %
INCREASE TO
1.57 EUROS
    * 2022 GUIDANCE: FURTHER EXPANSION OF SUBSCRIBER BASE,
EBITDA
GROWTH OF +4 % IN LINE WITH MEDIUM-TERM TARGET AND STEEP RISE IN
FREE CASH FLOW
    * FY REVENUE REMAINED STABLE YEAR-ON-YEAR AT 2,556.3 MILLION
EUROS
(-0.8 % COMPARED TO 2020)

Source text for Eikon:  ID:nEQ7jSwVLa 
Further company coverage:  FNTGn.DE 

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