Freenet AG : Growth comes with a cost (impact on consensus 2024-2025 forecasts)
>2024-2025 guidance ~2% below expectations - For 2024, Freenet expects stable revenues at € 2, 627m (2% below the consensus), EBITDA of € 495-515m, or -1%/+3% (1% below the consensus at the midpoint), and FCF of € 260-280m, or -1%/+7% (3% below the consensus). Freenet is traditionally cautious on its outlook at the start of the year. Moreover, we expected a downward revision to the consensus which did not sufficiently factor in the impact of marketing investments to a...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.