DGAP-News

freenet AG benefits from stable postpaid ARPU and greater demand for digital lifestyle products in the first quarter

DGAP-News: freenet AG / Key word(s): Interim Report/Quarter Results
freenet AG benefits from stable postpaid ARPU and greater demand for
digital lifestyle products in the first quarter

06.05.2015 / 18:00

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freenet AG benefits from stable postpaid ARPU and greater demand for
digital lifestyle products in the first quarter
- Group revenue increases by 4.3 per cent to 748.5 million euros
(previous year: 717.5 million euros)

- Gross profit up by 4.9 per cent to 191.4 million euros (previous year:
182.5 million euros)

- Customer ownership grows by 2.8 per cent to 9.04 million (previous
year: 8.79 million)

- Postpaid ARPU stabilises at 21.1 euros (previous year: 21.2 euros)

- EBITDA increases slightly to 86.0 million euros in line with
expectations (previous year: 85.4 million euros)

- Free cash flow* of 62.6 million euros (previous year: 57.1 million
euros)

- Guidance for the financial years 2015 and 2016 confirmed

- Promissory note bond amounting to 100 million euros placed successfully

Büdelsdorf, 6 May 2015 - freenet AG [ISIN DE000A0Z2ZZ5] published its
interim report for the first quarter of 2015 today and confirmed its
outlook for the financial years 2015 and 2016.

Group revenue amounting to 748.5 million euros was generated in the first
quarter (previous year: 717.5 million euros). This development is
attributable not only to the increase in customer ownership accompanied by
stable postpaid ARPU, but also, in particular, to the growth in demand for
attractive products and services in the field of mobile digital lifestyle.
This led to a further increase in gross profit, which climbed by around 8.9
million euros to 191.4 million euros (previous year: 182.5 million euros),
representing a current gross profit margin of 25.6 per cent. The mobile
communications business segment remained dominant within the Group with
revenue amounting to 734.6 million euros (previous year: 704.0 million
euros).

The customer ownership portfolio - in which the postpaid and no-frills
customer groups are concentrated and which serve as an key performance
indicator in the company - was increased by around 245 thousand customers
to 9.04 million (previous year: 8.79 million), representing an increase of
2.8 per cent. This growth originates primarily from the increase of some