Brief: Freenet Sees EBITDA Growth For 2028 Of EUR 100 Million From IPTV

freenet AG

08/11/2024 11:07

Nov 8 (Reuters) - FREENET AG  FNTGn.DE :
    * FREENET CFO ON CALL - TV/ MEDIA SEGMENT: MARKETING
INVESTMENTS
TO REMAIN AT COMPARABLE LEVEL IN Q4
    * FREENET CEO ON CALL - ON TRACK TO ACHIEVE 2025 EBITDA
GUIDANCE
FROM 2021
    * FREENET CEO ON CALL - 2025 EBITDA AMBITION FOR TV/ MEDIA
TO BE
REACHED BASED ON FY24 CUSTOMER BASE
    * FREENET CEO ON CALL - WE DON'T ANTICIPATE CONSOLIDATION IN
MOBILE MARKET, STABLE ARPU FOR 2028 EXPECTED
    * FREENET CEO ON CALL - MOBILE BUSINESS SEGMENT: EXPECT
MODERATE
CUSTOMER GROWTH UNTIL 2028
    * FREENET CEO ON CALL - 2028 GROSS PROFIT AMBITION FOR
MOBILE
SEGMENT: + EUR 40 MILLION
    * FREENET CEO ON CALL - 2028 EXPECTED COST HEADWINDS FOR
MOBILE
SEGMENT OF EUR 20 MILLION
    * FREENET CEO ON CALL - 2028 MEDIA BROADCAST EBITDA
GUIDANCE:
EXPECT TO LOSE EUR 20 MILLION
    * FREENET CFO ON CALL - ON GUIDANCE 2028: NO M&A
TRANSACTIONS
FORECASTED, NO PRODUCT PORTFOLIO EXTENSION OR NEW REVENUE
STREAMS ASSUMED
    * FREENET CFO ON CALL - GUIDANCE 2028: EBITDA TO FCF
CONVERSION
REMAINS AT MORE THAN 50 PERCENT, FCF OF MORE THAN 330 MILLION IN
2028
    * FREENET CFO ON CALL - GUIDANCE 2028: 80% DIVIDEND PAYOUT
RATIO
IS SET
    * FREENET CEO ON CALL - GUIDANCE 2028: EBITDA AMBITION
GROWTH OF
EUR 100 MILLION FROM IPTV

Further company coverage:  FNTGn.DE 

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