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FNTN — freenet AG News Story

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Brief: Freenet Sees FY EBITDA Increase To EUR 521.5 Mln, Potential Share Buybacks

March 4 (Reuters) - FREENET AG FNTGn.DE:

EBITDA: INCREASE OF 3.5 % TO EUR 521.5 MILLION (PRIOR YEAR: EUR 503.9 MILLION)

FREENET WITH RECORD EBITDA AND FREE CASH FLOW FOR THE 2024 FINANCIAL YEAR - DIVIDEND PROPOSAL SIGNIFICANTLY HIGHER THAN LAST YEAR

PROPOSES RECORD DIVIDEND OF EUR 1.97 PER SHARE

REVENUES: INCREASE OF 3.9 % TO EUR 2,478 MILLION (PRIOR YEAR: EUR 2,385 MILLION)

SEES POTENTIAL FOR SHARE BUYBACKS UP TO EUR 100 MILLION

REPORTS FREE CASH FLOW INCREASED BY 5.7% TO EUR 292.3 MILLION

REPORTS TOTAL SUBSCRIBERS INCREASED TO 10.149 MILLION

Source text: ID:nEQ7rlnz4a

Further company coverage: [FNTGn.DE]

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))

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