PRESS RELEASE: freenet AG increases revenue and result in third quarter
DGAP-News: freenet AG / Key word(s): Quarter Results/Interim Report freenet AG increases revenue and result in third quarter
05.11.2013 / 18:00
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- Group revenue rises by about 4 percent to 789.6 million euros (previous year: 756.5 million euros)
- Customer ownership increases by more than 3 percent to 8.67 million (previous year: 8.38 million)
- Group result increases by around 30 percent to 63.6 million euros (previous year: 49.0 million euros)
- Earnings per share rise to 1.40 euros in the first nine months (first nine months of 2012: 1.02 euros)
Bdelsdorf, 5 November 2013 - freenet AG today published its interim report for the third quarter of 2013 and confirmed its outlook for financial years 2013 and 2014.
In the third quarter, the company generated Group revenue of 789.6 million euros (previous year: 756.5 million euros). Unlike last year GRAVIS, Germany's leading digital lifestyle provider for Apple products, and MOTION TM, a leading online retailer in the mobile communications and telecommunications sector, contributed fully to the quarterly revenue figures. With revenue contribution of 781.6 million euros (previous year: 741.1 million euros) mobile communications remained the dominant business segment in the Group. Thus, the first nine months of the current financial year saw an increase in Group revenue to 2,374.5 million euros (first nine months 2012: 2,269.6 million euros).
'Customer ownership', a key performance indicator for high-value customer relationships in the freenet Group's mobile communications business, was increased by 0.287 million year-on-year to 8.67 million (previous year: 8.38 million). This increase was seen primarily (+0.184 million) in the no-frills sector, whose very price-conscious customers are mostly reached with discount brands through online sales channels. The especially valuable postpaid customer base also showed a positive year-on-year development, growing by 0.104 million.
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PRESS RELEASE: freenet AG increases revenue and result in third quarter