Brief: Freenet Raises Guidance For 2022

freenet AG

11/08/2022 17:07

Aug 11 (Reuters) - freenet AG  FNTGn.DE :
    * DGAP-NEWS: FREENET RAISES GUIDANCE FOR 2022 ON THE BACK OF
A
STRONG FIRST HALF-YEAR
    * FREENET AG - EBITDA UP +8.4% TO 240.9 MILLION EUROS IN
FIRST
HALF OF 2022
    * FREENET AG - FULL-YEAR EBITDA GUIDANCE RAISED TO 460-480
MILLION
EUROS
    * FREENET AG - AT 1,237.0 MILLION EUROS, REVENUES REMAINED
STABLE
AS EXPECTED BETWEEN JANUARY AND JUNE 2022 COMPARED TO PRIOR-YEAR
PERIOD (1,239.0 MILLION EUROS).
    * FREENET AG - RAISED ITS EBITDA GUIDANCE DUE TO POSITIVE
AND
DYNAMIC PERFORMANCE OF BOTH TV AND MEDIA AS WELL AS MOBILE
COMMUNICATIONS SEGMENT AND CONTINUING POSITIVE OUTLOOK FOR
SECOND HALF OF 2022.
    * FREENET AG - NOW EXPECTS EBITDA OF BETWEEN 460 AND 480
MILLION
EUROS FOR 2022 FULL YEAR (PREVIOUSLY: 450 TO 470 MILLION EUROS)

Source text for Eikon:  ID:nEQ6HfDTma 
Further company coverage:  FNTGn.DE 

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