Freenet Confirms 2026 Adjusted EBITDA Guidance of €500 Million-€530 Million

By Public Technologies
  • Freenet reaffirmed 2026 adjusted EBITDA guidance of €500 million-€530 million, with adjusted free cash flow of €270 million-€300 million.
  • Revenue is expected to grow significantly; guidance does not yet incorporate improved commercial terms agreed with Telefónica.
  • Nine-month adjusted EBITDA fell 5.7% to €372.5 million; adjusted free cash flow rose 2.7% to €233.3 million.
  • The 2028 ambition targets adjusted EBITDA of at least €620 million, with adjusted free cash flow of at least €340 million.
  • Dividends for 2026-2028 remain at least €2 per share, or 80% of adjusted free cash flow if higher.


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