Brief: Freenet Q1 EBITDA Up By 8.5%

freenet AG

03/05/2023 17:03

May 3 (Reuters) - FREENET AG  FNTGn.DE :
    * STARTS THE 2023 FINANCIAL YEAR WITH A SIGNIFICANT INCREASE
IN
EBITDA
    * GUIDANCE FOR FY 2023 REITERATED BY EXECUTIVE BOARD
    * POSTPAID CUSTOMER GROWTH (+51.5 THOUSAND) ALSO
SIGNIFICANTLY
ABOVE PRIOR-YEAR QUARTER
    * GUIDANCE FOR FY 2023 REITERATED BY EXECUTIVE BOARD
    * Q1 EBITDA INCREASES BY 8.5 % TO EUR 128.1 MILLION
    * Q1 HIGH CASH CONVERSION REMAINS IN PLACE: FREE CASH FLOW
INCREASES TO EUR 64.6 MILLION
    * RECORD START TO YEAR AT WAIPU.TV: >80 THOUSAND NET ADDS
LEAD TO
CUSTOMER BASE >1 MILLION

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

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))