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Provider: Reuters Investment Profile
Provider: GlobalData
Provider: Sadif Analytics Prime
Provider: Sadif Analytics Prime

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Freenet AG Confirms FY 2013 and FY 2014 Guidance

Tuesday, 5 Nov 2013 12:00pm EST 

Freenet AG announced that it confirms its forecast for financial years 2013 and 2014. Accordingly, for financial years 2013 and 2014 the Company's Executive Board continues to expect a slight increase in the customer ownership base (postpaid and no-frills customer base), while postpaid ARPU is expected to remain stable at around EUR 23 . For financial year 2013, an increase in Group revenue is expected with a further slight increase in 2014. The Company is aiming for Group EBITDA of EUR 355 million in 2013 and of EUR 360 million in 2014 and free cash flow of EUR 255 million and of EUR 260 million respectively. 

Company Quote

-0.215 -1.09%
15 Aug 2014