Report
Stephane Beyazian

Freenet AG : 2023 FCF outlook above consensus & faster growth at waipu.tv

>Good news: potential for consensus upgrades - - For 2023, Freenet is guiding for EBITDA up 0-4% to € 480-500m (consensus: € 476m) and FCF up 0-8% to € 250-270m (consensus: € 248m). Guidance is thus 3-5% above consensus at mid-range and the high end of the range 5-9% above consensus. Guidance for 2025 EBITDA of € 520m is unchanged. - The company is offering a 2022 dividend of € 1.68 per share, higher than the consensus of € 1.67 (ODDO BHF estimate: € 1.65). Management is st...
Underlying
Freenet AG

Freenet is a telecommunications provider in Germany. Co. provides its customers a portfolio of services and products, particularly in the field of mobile voice and data services. Co. does not operate its own network, but markets mobile communication services for the mobile network operators Telekom, Vodafone, E-Plus and O2 in Germany, under its own name and on its own account. Apart from its own network-independent postpaid, no-frills and prepaid services, Co. also provides the original network operators' tariffs. Co. operates within two segments: mobile communications and other/holding.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Stephane Beyazian

ResearchPool Subscriptions

Get the most out of your insights

Get in touch