$FNTN (-4,02 %) Freenet
Sold after many years. Considering getting back in at under 20 euros.
The customer service and the ABO rip-off is almost fraud.
Freenet shares fell by 15.6 percent after the mobile phone provider's figures, making it the weakest MDax stock. Barclays analyst Mathieu Robilliard spoke of a sluggish start to the year. Both sales and the operating result were weaker than expected. Meanwhile, his colleagues at Oddo BHF even downgraded the shares to "underperform"
- The mobile communications and TV provider Freenet got off to a surprisingly weak start to the year. In the first quarter, sales rose only slightly and profits even fell. The Freenet management team led by CEO Christoph Vilanek nevertheless expressed confidence that profits in day-to-day business would increase as planned in 2025. Freenet's television service Waipu.tv gained further new customers after the record year 2024. However, the news was not well received on the stock market on Thursday.
