Freenet Ag · XETR:FNTN

Freenet — Q3 2012 Earnings Presentation

17 slides from Freenet's earnings presentation, Nov 7, 2012

  1. Slide 1: Management Presentation Q3/2012 Results

    Management Presentation Q3/2012 Results 7 November 2012

  2. Slide 2: Cautionary statement

    Cautionary statement This presentation contains forward-looking statements which involve risks and uncertainties. The actual performance, results and timing of the business of freenet AG could differ materially from the expectations regarding performance, results and timing expressed in this present

  3. Slide 3: Revised full year guidance based on successful performance in the first nine months of 2012

    Revised full year guidance based on successful performance in the first nine months of 2012 KPIs Q3/2012: Improved year-to-date performance:  Customer Ownership grows by 149,100 to 8.38 million  Customer Ownership increases by 259,000 year-to-date  Group revenue of 756.5 m€ slightly below interna

  4. Slide 4: Focus on capitalising core competencies and strengths

    Focus on capitalising core competencies and strengths Q3/2012 Q4/2012  Extension of flat rate portfolio  Targeted multi-channel approach with full set of SIM-only Flat Allnet, Flat 4 You Plus and tariff + handset portfolio  Launch of iPhone 5 with Telekom,  Extensive campaigning of flat tariff p

  5. Slide 5: Revenue growth path through portfolio and channel extension

    Revenue growth path through portfolio and channel extension Retail channels Today‘s coverage  freenet has successfully developed Intended coverage its assortment of profitable products and will continue to do so  So far only retail and captive-online Distributors serves our customers with the full

  6. Slide 6: SmartHome has been launched after successful test

    SmartHome has been launched after successful test 30% reduction of energy costs  House control module for intelligent heating management (heating, windows, roller shutters)  No intervention in the heating system (use of thermostat top parts and window contacts)  Easily operated from afar via Smar

  7. Slide 7: mobilcom-debitel online scores best in website benchmark

    mobilcom-debitel online scores best in website benchmark Dimensions mobilcom-debitel (best score) average score Online help and support Search function SMS/MMS function Online invoicing Atractiveness Navigation Design and usability Content Loading time Technical stability mobilcom-debitel significan

  8. Slide 8: Further growth of customer ownership base

    Further growth of customer ownership base Development of the customer base Customer base (in million) Highlights Total customer base 15.16 14.46 14.31 Prepaid customers 7.15 6.23 5.93  On a year-to-date basis Customer ownership (Postpaid + No-frills segment) went up by 259,000 8.23 8.38 Customer ow

  9. Slide 9: Stable ARPU development in 2012

    Stable ARPU development in 2012 Segment specific ARPU ARPU (€ / month) 24.61 23.5 23.6  Postpaid ARPU stabilizes at 23.6 euros (year-to- date: 23.5 euros) 4.9  Solid no-frills ARPU at 3.9 euros 4.0 3.9 3.2  Data revenue share still growing to 19.4% of 2.9 3.1 postpaid ARPU in Q3/2012  klarmobil

  10. Slide 10: Financial statements – income statement (1/2)

    Financial statements – income statement (1/2) In € million Q1 – Q3/2012 Q1 – Q3/2011 Q3/2012 Q3/2011 Revenue 2,269.6 2,405.41) 756.5 840.61) Gross profit 519.7 513.7 182.3 178.0 EBITDA 263.2 246.52) 92.5 84.23) Depreciation and amortisation -111.1 -135.5 -37.0 -44.0 EBIT 152.1 111.0 55.5 40.1 Intere

  11. Slide 11: Financial statements – income statement (2/2)

    Financial statements – income statement (2/2) In € million Q1 – Q3/2012 Q1 – Q3/2011 Q3/2012 Q3/2011 EBT 122.0 70.9 45.8 28.1 Taxes on income 9.2 6.8 3.2 2.8 Group result from continued operations 131.2 77.7 49.0 30.9 Group result from discontinued operations 0.0 0.1 0.0 0.0 Group result 131.2 77.8

  12. Slide 12: Financial statements – balance sheet

    Financial statements – balance sheet Assets Shareholders‘ equity and liabilities in € million in € million 30.9.2012 30.6.2012 30.9.2012 30.6.2012 389.8 Intangible assets 421.0 Shareholders‘ equity 1,099.9 1,148.8 1,116.9 Goodwill 1,116.9 564.6 Borrowings 662.1 439.3 Trade accounts receivable 426.8

  13. Slide 13: Financial statements – cash flow statement

    Financial statements – cash flow statement In € million Q1 – Q3/2012 Q1 – Q3/2011 Q3/2012 Q3/2011 Cash flow from operating activities 208.1 198.2 77.6 64.4 Cash flow from investing activities -9.2 -9.6 -5.0 -3.5 Cash flow from financing activities -267.0 -187.8 -41.5 -146.6 Change in cash and cash e

  14. Slide 14: Upgrade of full-year guidance 2012 for EBITDA and FCF

    Upgrade of full-year guidance 2012 for EBITDA and FCF Guidance 2012 Original New Comment (November 2012) Contract customer base Stable contract customer base Postpaid ARPU Stable postpaid ARPU Slight decrease of Group revenue to Group revenue 3 billion euros, but further stabilisation of value-drive

  15. Slide 15: Detailed bridge from EBITDA to free cash flow

    Detailed bridge from EBITDA to free cash flow Free cash flow bridge Q1-Q3/2012 in € million 263.2 -41.1 -12.2 -13.4 -0.6 195.9 EBITDA Change in net Capex Tax payments Other Free cash flow working capital FY 2012 355 ~ -50 ~ -20 ~ -25 ~ -5 1 255 New guidance FY 2012 340 ~ -50 ~ -20 ~ -30 240 original

  16. Slide 16: Summary

    Summary  Positive business trend continued in Q3/2012  Stabilisation of main value drivers such as postpaid ARPU and contract customer base  Growing Customer Ownership indicates focus on high-value customers  Diversification in products and services strengthens competitive advantage  Upgrade of

  17. Slide 17: freenet AG Hollerstraße 126 24782 Büdelsdorf

    freenet AG freenet AG Hollerstraße 126 Investor Relations 24782 Büdelsdorf +49 (0)40 51306 778 www.freenet-group.de investor.relations@freenet.ag

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