Freenet AG : Feedback from meetings with the CFO
>Principal points covered - We organised investor meetings with CFO, Ingo Arnold, last week. We note several interesting points: (i) a reference of 100,000 clients per annum on fixed-line internet, (ii) justification for not raising the target for 2022 FCF and (iii) the continued growth trend on TV. As a reminder, Freenet is fifth-ranked group in the German market thanks to its distribution network and a focus on the distribution of mobile services. Our preference for...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.
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.
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