freenet AG (OTCPK:FRTAY)

$ 14.7 0 (0%) Market Cap: 3.50 Bil Enterprise Value: 3.60 Bil PE Ratio: 13.85 PB Ratio: 2.20 GF Score: 63/100

Q1 2022 freenet AG Earnings Call Transcript

May 13, 2022 / 08:00AM GMT

Release Date Price: $14.31

Transcript

Operator

Dear ladies and gentlemen, welcome to the conference call of freenet AG. At our customers' request, this conference will be recorded. (Operator Instructions)

May I now hand you over to Christoph Vilanek, CEO, who will lead you through this conference. Please go ahead.

Christoph Vilanek

freenet AG - Chairman of Executive Board & CEO

Thanks for the introduction. Hello to everybody. A warm welcome. Today thanks for joining even though there are couple of other events at the same time. I think it's worth listening because we have had a strong first quarter. Overall, we're very positive about the full year and we will give you a couple of details on this matter during the next half hour and then we are happy to answer your questions. I'm on Page 4. As you can see, subscriber base year-on-year grew by 160,000. EBITDA is above plan. The nice thing, which we know internally and we are not distributing it in full detail, is that any activity, any company, even the smallest one is above plan so both segments for sure. But even on a smaller scale, any of the

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