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freenet.de AG closes fiscal 2004 with record result, exceeds all earnings and customer forecasts

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28.01.2005
freenet.de AG closes fiscal 2004 with record result, exceeds all
earnings and customer forecasts
· EBT of 97.66 million euro, a 105 percent increase vs. 2003 (47.66
million euro)
· EBITDA of 133.37 million euro, up by more than 67 percent vs. 2003
(79.88 million euro)
· Group result at 60.09 million euro, up by 64 percent vs. 2003
(36.62 million euro)
· 350,000 DSL customers at year-end 2004
freenet.de AG / Hamburg - freenet.de AG, Hamburg, today announced its
preliminary business results (all IFRS) for the whole of fiscal 2004.
In 2004, freenet.de AG generated total revenues of 471.58 million
euro (vs. 365.50 million euro in 2003). In Q4/2004 alone, the
Internet telecommunications company scored record revenues of 126.47
million euro - a 9 percent increase over the previous quarter‘s
revenues of 116.02 million euro (and up from 116.64 million euro in
Q4/2003).
freenet.de AG’s EBITDA for 2004 reached 133.37 million euro (up by
nearly 70 percent over the 79.88 million euro earned in 2003).
Earnings before Taxes (EBT) amounted to 97.66 million euro, double
the pre-tax earnings generated in 2003 (47.66 million euro). In
Q4/2004 alone, the company had EBT of 21.97 million euro - up by 17
percent year on year (Q4/2003: 18.82 million euro). Group net income
amounted to 60.09 million euro (a 64 percent increase vs. 36.62
million euro in 2003).
Based on an above-plan fourth-quarter performance, freenet.de AG
exceeded its forecasts for fiscal 2004: both the EBITDA forecast of
130 million euro and the EBT forecast (adjusted upward just last
November) of between 93 and 95 million euro. It should be noted that
freenet.de was able to recruit more DSL customers at year-end than
the 280,000 bis 300,000 DSL customers originally envisioned by the
company, which resulted in increased marketing costs: At Dec 31,
2004, more than 350,000 of freenet’s over 3.8 million Internet access
customers were freenetDSL customers, although not all customers had
been enabled by Telekom by year-end.
freenet.de AG will announce all other financials on Feb 22, 2005, on
which day the company will host an annual press conference in Hamburg.

Rückfragehinweis:

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

Branche: Internet
ISIN: DE0005792006
WKN: 579200
Index: TecDAX, Prime Standard
Börsen: Frankfurter Wertpapierbörse / Geregelter Markt
Berliner Wertpapierbörse / Freiverkehr
Hamburger Wertpapierbörse / Freiverkehr
Baden-Württembergische Wertpapierbörse / Freiverkehr
Börse Düsseldorf / Freiverkehr
Niedersächsische Börse zu Hannover / Freiverkehr
Bayerische Börse / Freiverkehr
Bremer Wertpapierbörse (BWB) / Freiverkehr

Plus de actualités: freenet.de AG
Plus de actualités: freenet.de AG