freenet's waipu.tv Hits Record Growth Again, 2024 Outlook Strong

• Group revenues increased by 3.3% to EUR 1,198 million in H1 2024 compared to EUR 1,160 million in the previous year.
• waipu.tv experienced net new subscriber growth of 191.0 thousand in Q2 2024, surpassing the total growth of 183.6 thousand in the first half of 2023.
• The total number of freenet subscribers (Mobile + TV/Media) rose to 9.808 million, up from 9.493 million at the end of 2023.
• Long-term agreements were established with three mobile network operators.
• EBITDA was EUR 252.2 million and free cash flow was EUR 151.2 million, both slightly below the previous year's levels due to growth investments.
• The Executive Board confirmed the 2024 guidance, expecting EBITDA between EUR 495 million and EUR 515 million, and free cash flow between EUR 260 million and EUR 280 million.

The next important date, Interim Report as of June 30, 2024 2nd Quarter 2024, at freenet is on 07.08.2024.

The price of freenet at the time of the news was 24,820EUR and was up +1,89 % compared with the previous day.
11 minutes after the article was published, the price was 24,840EUR this corresponds to a plus of +0,08 % since publication.
At this time, the index MDAX was at 24.186,76PKT (+0,57 %).

freenet

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ISIN:DE000A0Z2ZZ5WKN:A0Z2ZZ

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