EANS-News: freenet AG / freenet AG reports a successful first quarter in 2012
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Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
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3-month report
Büdelsdorf, 10 May 2012 (euro adhoc) – freenet AG has started the new
year on a high note, further improving its operating performance in
the first quarter of 2012. Against this backdrop, the Executive Board
of freenet AG has confirmed the guidance issued in connection with
the preliminary financial results 2011. The Group reports
first-quarter EBITDA 2012 (earnings before interest, taxes,
depreciation and amortisation) of 85.1 million euros, up from 78.4
million euros in Q1/2011, and free cash flow* of 72.4 million euros
(Q1/2011: 72.5 million euros). In the first three months of 2012,
freenet generated revenues of 744.2 million euros (-5.7 percent
compared to Q1/2011). The Group result for the reporting period
increased by 14.6 million euros or 56.0 percent to 40.6 million
euros. The number of mobile communications customers came to 14.74
million at the end of Q1/2012. The contract customer base (postpaid)
remained nearly stable at 5.69 million (Q1/2011: 5.75 million), while
the no frills customer base has grown by 90,000 since Q4/2011, to
2.46 million at the end of March 2012. At 23.4 euros, the monthly
average revenue per contract customer (ARPU) during Q1/2012 remained
stable year on year (Q1/2011: 23.3 euros). freenet AG’s complete
interim report on the first quarter of 2012 will be posted for
download at http://www.freenet-group.de/investor-relations shortly.
* Free cash flow is defined as cash flow from operating activities,
minus investments in property, plant and equipment and intangible
assets, plus proceeds from the disposal of property, plant and
equipment and intangible assets.
Further inquiry note:
freenet AG
Investor Relations
Tel.: +49 (0)40 51306-778
E-Mail: ir@freenet.ag
end of announcement euro adhoc
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company: freenet AG
Hollerstraße 126
D-24782 Büdelsdorf
phone: +49 (0)4331 691000
mail: ir@freenet.ag
WWW: http://www.freenet-group.de
sector: Telecommunications
ISIN: DE000A0Z2ZZ5
indexes: Midcap Market Index, TecDAX, CDAX, HDAX, Prime All Share,
Technology All Share
stockmarkets: free trade: Hannover, Berlin, München, Hamburg, Düsseldorf,
Stuttgart, regulated dealing/prime standard: Frankfurt
language: English