DGAP-News
freenet AG increases revenue in second quarter because of growing number of contract customers and higher digital lifestyle demand - Seite 3
"Despite the substantial investments in our customer base and in the
quality of these customers, we were able to achieve very good business
results in the first half of 2015. As these results were also generally in
line with our expectations at the beginning of the year, we hereby confirm
our earnings and cash flow forecast for the current financial year and also
for 2016", adds Joachim Preisig, CFO of freenet AG.
According to this, the Executive Board is aiming for EBITDA in the amount
of some 370 million euros and free cash flow* of around 280 million euros
for the Group in the financial year 2015, as well as further growth in
customer ownership, stable postpaid ARPU and stable revenue. At the same
time, the results establish the foundation for a constant,
shareholder-value-oriented dividend policy that provides for a distribution
comprising between 50 and 75 per cent of the free cash flow. Accordingly,
freenet AG's Annual General Meeting in May passed a resolution to pay out
dividends of 1.50 euros for each share entitled to dividends, or
alternatively 72.1 per cent of the free cash flow from 2014.
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The full interim report as of30 June 2015 is available for download at
www.freenet-group.de/investor-relations and the conference call will be
streamed there by webcast starting at 10:00 CEST on 6 August 2015.
* Free cash flow is defined as cash flow from current operating activities,
less investments in property, plant and equipment and intangible assets,
plus the cash inflows from disposals of intangible assets and property,
plant and equipment.
Investor Relations contact:
freenet Aktiengesellschaft
Investor Relations
Deelbögenkamp 4c
22297 Hamburg
Germany
Tel.: +49 (0)40 5130 6778
Fax: +49 (0)40 5130 6970
Email: ir@freenet.ag
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05.08.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: freenet AG
Hollerstraße 126
24782 Büdelsdorf
Germany
Phone: +49 (0)40 51306-778
Fax: +49 (0)40 51306-970
E-mail: ir@freenet.ag
Internet: www.freenet-group.de
ISIN: DE000A0Z2ZZ5, DE000A1KQXU0
WKN: A0Z2ZZ , A1KQXU
Indices: TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart
End of News DGAP News-Service
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383931 05.08.2015
www.freenet-group.de/investor-relations and the conference call will be
streamed there by webcast starting at 10:00 CEST on 6 August 2015.
* Free cash flow is defined as cash flow from current operating activities,
less investments in property, plant and equipment and intangible assets,
plus the cash inflows from disposals of intangible assets and property,
plant and equipment.
Investor Relations contact:
freenet Aktiengesellschaft
Investor Relations
Deelbögenkamp 4c
22297 Hamburg
Germany
Tel.: +49 (0)40 5130 6778
Fax: +49 (0)40 5130 6970
Email: ir@freenet.ag
---------------------------------------------------------------------
05.08.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: freenet AG
Hollerstraße 126
24782 Büdelsdorf
Germany
Phone: +49 (0)40 51306-778
Fax: +49 (0)40 51306-970
E-mail: ir@freenet.ag
Internet: www.freenet-group.de
ISIN: DE000A0Z2ZZ5, DE000A1KQXU0
WKN: A0Z2ZZ , A1KQXU
Indices: TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart
End of News DGAP News-Service
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383931 05.08.2015
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