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General

Freenet EBITDA up 5.5% in Q1, confirms 2018 financial outlook

Friday 4 May 2018 | 12:07 CET | News
German operator Freenet said its revenues fell to EUR 689.6 million in Q1 due to the switch to the IFRS 15 accounting standard. Without these effects, revenues would have increased by EUR 35.7 million to EUR 873.8 million, up from EUR 838 million in Q1 2017, as a result of higher hardware sales. The company confirmed its guidance for the 2018 financial year on the basis of its Q1 results.

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Categories: General
Companies: Freenet
Countries: Germany
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