EQS-News: freenet generates EBITDA of half a billion euros for the first time and proposes dividend increase
Driven by customer growth, Group revenues increased by 2.8% to EUR 2,627.3 million (previous year: EUR 2,556.7 million).
- Driven by customer growth, Group revenues increased by 2.8% to EUR 2,627.3 million (previous year: EUR 2,556.7 million).
- With EBITDA growth of 4.5% to EUR 500.2 million (previous year: EUR 478.7 million), the guidance for the 2023 financial year, which was raised during the year (EUR 495 to 505 million), was met.
- EBITDA is at the centre of the guidance range and reached the half-billion euro mark for the first time.
- Against this backdrop, freenet is on track to achieve EBITDA of at least EUR 520 million by the end of the 2025 financial year.