Freenet shares inch higher, outperforming MDAX index, after Q1 results

freenet AG

15/05/2026 09:19

** Shares of Freenet AG FNTGn.DE edge up 1% after the German telecommunication provider released its first quarter results

** Local trader says the company reported Q1 results "broadly ahead of consensus," particularly driven by free cash flow (FCF)

** All-in-all the "strong" report should help the shares, the trader says, adding, however, that the FCF surprise was mainly due to adjustments, making it, in the trader's view, a low-quality beat that could limit some upside

** The stock is the second best performer on MDAX .MDAXI index, which falls about 1%

(Reporting by Orest Dovhan )

((Orest.Dovhan@thomsonreuters.com))