freenet.de AG

euro adhoc: freenet.de AG
Annual Reports
freenet.de AG Looks Ahead at 2005

---------------------------------------------------------------------   Disclosure announcement transmitted by euro adhoc.   The issuer is responsible for the content of this announcement. ---------------------------------------------------------------------

21.02.2005

freenet.de AG Looks Ahead at 2005 • Target Revenues of over 650 million euro, • EBITDA of between 125-140 million euro, and • First-ever dividend payout of 0.35 euro per share for 2004

freenet.de AG / Hamburg - Following a highly successful fiscal 2004, freenet.de AG expects it will continue its growth dynamic unbroken in 2005 while keeping profitability high. The management projects that revenues will rise from 471.6 million euro in 2004 to over 650 million euro in 2005 - provided the acquisition of the value-added and call-by-call business of the Talkline group is finalized within the 1st quarter 2005. EBITDA is forecast at between 125 and 140 million euro for 2005. Here it should be taken into consideration that freenet plans to spend 30 million euro more on Sales and Marketing in 2005 than in 2004, especially in DSL and pre-selection. In the medium term - by 2008 at the latest - freenet.de AG expects to have target revenues of over 1 billion euro with a pre-tax margin of between 17 and 20 percent.

The freenet.de AG management has also decided to propose a first-time
dividend payout of 0.35 euro per share to the Annual General Meeting.
At the current share price, this translates to a dividend yield of
roughly 2 percent, and is the first step in a long-term dividend
policy which stipulates that about one-third of the consolidated
profit is paid out to shareholders.
~
                                  Q4/2004 Q3/2004 Q4/2003 2004      2003
Revenues                      126,466 116,016 116,638 471,582 365,502
Segment: Internet                                                          
access                         73,049  68,563  76,613  282,727 231,132
Segment: Voice            39,558  38,000  30,455  148,132 99,458
Segment: Portal                                                              
business                      12,463  8,248    8,262    35,592  29,829
Segment: B2B Services 1,396    1,205    1,308    5,131    5,083
Gross profit                60,327  58,136  57,360  238,960 156,076
EBITDA                         30,459  31,308  30,363  133,366 79,879
Earnings before                                                              
taxes (EBT)                 21,972  23,024  18,820  97,659  47,660
Group result                13,992  13,938  14,890  60,086  36,623
Capital and reserves  192,065 178,575 139,659 192,065 139,659
Balance sheet total    310,223 310,244 300,371 310,223 300,371
Cash and cash                                                                
equivalents                 145,348 150,229 113,259 145,348 113,259
~
~
                                    30.12.2004 30.09.2004 30.12.2003
Share price (Euro)        18.95         14.37         18.84
Market capitalisation                                      
(million Euro)              1,072         813            1,060
~
(Financial data per IFRS; in TEUR / Source: freenet.de AG)
~

end of announcement                                euro adhoc 22.02.2005 08:02:10
---------------------------------------------------------------------

Further inquiry note: freenet.de AG Andreas Neumann Investor Relations Tel.: +49 (0)40 51306 778 E-Mail: IR@freenet-ag.de

Branche: Online
ISIN:      DE0005792006
WKN:        579200
Index:    TecDAX, Prime Standard
Börsen:  Frankfurter Wertpapierbörse / regulated dealing
              Berliner Wertpapierbörse / free trade
              Hamburger Wertpapierbörse / free trade
              Baden-Württembergische Wertpapierbörse / free trade
              Börse Düsseldorf / free trade
              Niedersächsische Börse zu Hannover / free trade
              Bayerische Börse / free trade
              Bremer Wertpapierbörse (BWB) / free trade



Weitere Meldungen: freenet.de AG

Das könnte Sie auch interessieren: