Freenet Kicks Off 2024 with Explosive IPTV Customer Growth

• freenet AG reports a successful start to 2024 with dynamic growth in IPTV customers
• The subscriber base exceeded 9.6 million in Q1 2024, driven by record growth at waipu.tv with 138.6 thousand net new subscribers
• EBITDA of EUR 124.2 million was down 3.0% year-on-year due to growth investments
• Free cash flow increased by 10.3% year-on-year to EUR 71.3 million
• The company confirmed its guidance for the 2024 financial year
• All 37 Gravis stores and the online shop will be largely closed by 15 June 2024 due to Apple's increasingly predatory pricing policy.

The next important date, Quarterly report as of March 31, 2024 1st Quarter 2024, at freenet is on 15.05.2024.

The price of freenet at the time of the news was 23,840EUR and was down -0,71 % compared with the previous day.
At this time, the index MDAX was at 27.432,73PKT (+0,64 %).

freenet

+1,21 %

-1,11 %

-14,88 %

-6,30 %

-0,77 %

+2,11 %

+30,38 %

+2,29 %

+44,37 %

ISIN:DE000A0Z2ZZ5WKN:A0Z2ZZ

• Intraday
• 5 Tage
• 1 Monat
• 3M
• 1 Jahr
• 3J
• 5J
• 10J
• Max