Preliminary Q4 2019 freenet AG Earnings Call Transcript

Feb 28, 2020 / 10:00AM GMT
Christoph Vilanek - freenet AG - Chairman of Executive Board & CEO

Hello, everybody. Thanks for joining and good luck to everybody in corona times with the stocks going down 2,000 points in a week. We don't take it personal that our stock price also fell a little bit. Please take the opportunity to lead you through our view on the past year. And I'm starting on Page 4.

I can say we are -- if I look back to -- for the full year 2019, we started it with a proportion of respect for the year, also with some doubts on how we would perform. And we have all seen that the first half year in postpaid. We also saw that the market reactions, we cannot cope immediately with significant changes in the market. But for the full year, I think we can, with all confidence, say that we have met all the targets, and we have delivered 1 more time on our promises. Overall revenues, EUR 2.9 billion, the EBITDA with EUR 426.8 million in the middle of the corridor. Same goes for the free cash flow. And the subscriber base overall was growing beyond -- or more than 200,000 over the full year.

When I look at

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot