FX.co ★ Freenet Plans Significant Growth, Particularly In IPTV Segment; Formulates Financial Ambition

The Executive Board of freenet (FRAGF.PK) has outlined its financial projections through to 2028. The company expects EBITDA to increase at an average annual growth rate of approximately 4%, targeting at least 600 million euros by 2028 compared to fiscal year 2023. This represents an overall growth of at least 100 million euros, or roughly 20%, over the entire period. In alignment with these EBITDA forecasts, the free cash flow is projected to increase to a minimum of 330 million euros during this timeframe, demonstrating a similar growth rate of around 20%. freenet plans to uphold its existing dividend policy, distributing 80% of the free cash flow.

Furthermore, the company is steadfast in advancing its digital lifestyle strategy, aiming for notable expansion, particularly in the IPTV sector.