freenet AG Surpasses 10 Million Subscribers in Q2 2026

Earnings
โดย GuruFocus·DE·Read original
Summary · why it matters

freenet AG surpassed 10 million subscribers in the first half of 2026, adding 140,000 net new subscribers, with 34,000 mobile and 35,000 IPTV additions in Q2. Adjusted EBITDA increased by almost 40% in H1 2026, driven by waipu.tv and the mobilezone acquisition, while group revenue grew nearly 25%. Free cash flow reached EUR155 million, and the company reiterated a minimum dividend of EUR2 per share for 2026 to 2028, expected to rise to EUR2.3 in 2028. However, mobile gross profit declined due to an unfavorable MNO agreement, and ARPU is expected to continue declining through 2027.

Impact on stocks 2

Communication Services · 1 stocks
freenet AG
FNTN
▲ PositiveDemandPricingrelevance

Surpassed 10 million subscribers with strong net additions, driving revenue and EBITDA growth.

Consumer Discretionary · 1 stocks
mobilezone ag
MOZN
▲ PositiveCapitalrelevance

Acquisition contributed to group revenue growth and EBITDA increase.

Off-coverage companies 1

Exaring AG (waipu.tv)Private▲ Positive
Demandrelevance

waipu.tv drove adjusted EBITDA increase with strong subscriber growth.