Freenet Confirms FY Guidance For Adj EBITDA And Free Cash Flow

FREENET AG FNTN:

• EXCEEDS EXPECTATIONS FOR FREE CASH FLOW – CUSTOMER BASE AND SERVICE REVENUES CONTINUE TO GROW, GUIDANCE FOR ADJUSTED EBITDA AND FREE CASH FLOW CONFIRMED

• TOTAL ADJUSTED EBITDA AMOUNTED TO EUR 257.4 MILLION IN FIRST HALF OF 2025

• GUIDANCE FOR ADJUSTED EBITDA AND FREE CASH FLOW FOR FULL YEAR CONFIRMED

• H1 FREE CASH FLOW TO EUR 159.0 MILLION (PRIOR YEAR: EUR 151.2 MILLION)

• REDUCTION OF EXECUTIVE BOARD TO TWO MEMBERS AND EARLY CONTRACT EXTENSION FOR CFO INGO ARNOLD UNTIL END OF 2029

• SUBSCRIBERS ROSE BY 161 THOUSAND TO 10.311 MILLION (YEAR-END 2024: 10.149 MILLION)

• H1 REVENUES EUR 1.21 BILLION