EANS-News: freenet AG freenet AG reports a successful first quarter in 2012
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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