freenet AG

Earnings Release • Mar 25, 2015

News Details

Corporate | 25 March 2015 18:00

freenet AG confirms provisional figures for 2014

freenet AG / Key word(s): Final Results

2015-03-25 / 18:00

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freenet AG confirms provisional figures for 2014

– Group EBITDA increases to 365.6 million euros (previous year: 357.4 million euros)

– Gross profit up 6.4 per cent to 778.1 million euros (previous year: 731.2 million euros)

– Free cash flow* grows to 266.6 million euros (previous year: 256.2 million euros)

– Group result climbs 3.9 per cent to 248.2 million euros (previous year: 238.9 million euros)

– Proposed dividend rises to 1.50 euros per share (previous year: 1.45 euros)

Büdelsdorf, 26 March 2014 – Following verification of the annual financial statements of freenet AG [ISIN DE000A0Z2ZZ5] as at 31 December 2014 and approval of the consolidated financial statements as at 31 December 2014 by the Supervisory Board, the Executive Board has confirmed in full the provisional figures already announced at the end of February 2015. This means that freenet has increased its Group result by 3.9 per cent to 248.2 million euros (previous year: 238.9 million euros), which corresponds to earnings per share of 1.93 euros (previous year: 1.87 euros).

“Our results in the 2014 financial year once again validate our systematic strategic focus on being the leading digital lifestyle provider in Germany,” says Christoph Vilanek, CEO of freenet AG. “Growing consumer demand in this area is coinciding with an increasing number of market-ready products and services with which we are expanding our market position in the digital lifestyle sector.”

“The Supervisory Board has agreed with our proposed dividend of 1.50 euros per eligible no-par-value share, representing a payout ratio of 72.1 per cent of the free cash flow* generated in the 2014 financial year,” adds Joachim Preisig, CFO of freenet AG.

Explanations:

The complete annual report 2014 can be downloaded at www.freenet-group.de/investor .

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*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.

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Language:	English
Company:	freenet AG
	Hollerstraße 126
	24782 Büdelsdorf
	Germany
Phone:	+49 (0)40 51306-778
Fax:	+49 (0)40 51306-970
E-mail:	ir@freenet.ag
Internet:	www.freenet-group.de
ISIN:	DE000A0Z2ZZ5, DE000A1KQXU0
WKN:	A0Z2ZZ , A1KQXU
Indices:	TecDAX
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart

End of News	DGAP News-Service

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