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.
