26.03.2014
freenet AG DE000A0Z2ZZ5
DGAP-News: freenet AG confirms preliminary figures for 2013
DGAP-News: freenet AG / Key word(s): Final Results
freenet AG confirms preliminary figures for 2013
26.03.2014 / 10:30
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- Group revenue rises to 3.2 billion euros
- Consolidated EBITDA unchanged at 357.4 million euros
- Free cash flow* near stable at 256.2 million euros
- Group result increases to 238.9 million euros
Büdelsdorf 26 March 2014 - Following the Supervisory Board's approval of
the freenet AG [ISIN DE000A0Z2ZZ5] annual financial statements and
consolidated financial statements as of 31 December 2013, the Executive
Board has now fully confirmed the preliminary figures announced at the end
of February 2014. According to the figures, freenet increased its Group
result by 38 percent to 238.9 million euros (previous year: 173.2 million
euros). This corresponds to earnings per share of 1.87 euros (previous
year: 1.35 euros).
"The results of the 2013 financial year provide a good basis for freenet
Group's further strategic development," says Christoph Vilanek, CEO of
freenet AG. "The very dynamic developments in mobile communications enable
us to systematically transfer our core competencies into new markets in
order to further strengthen our Digital Lifestyle activities."
"The Supervisory Board concurred with our proposed dividend of 1.45 euros
per dividend-bearing share, which corresponds to a payout ratio of 72.5
percent of free cash flow* generated in the 2013 financial year," adds
Joachim Preisig, Chief Financial Officer of freenet AG.
Note:
The full Annual Report 2013 including the audited consolidated financial
statements is available for download at
www.freenet-group.de/investor/index.
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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.
End of Corporate News
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26.03.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
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Media archive at www.dgap-medientreff.de and www.dgap.de
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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: [email protected]
Internet: www.freenet-group.de
ISIN: DE000A0Z2ZZ5, DE000A1KQXU0
WKN: A0Z2ZZ , A1KQXU
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München, Stuttgart
End of News DGAP News-Service
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259490 26.03.2014
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