German mobile service provider freenet has reported group earnings before interest, tax, depreciation and amortisation (EBITDA) of EUR263.2 million (USD336.8 million) for the first nine months of 2012, compared with EUR246.5 million in the same period a year earlier. Accordingly, the operator announced that it has raised its earlier guidance for group EBITDA for the full year 2012 from EUR340 million to EUR355 million and now expects free cash flow of EUR255 million. Revenues for the nine-month period totalled EUR2.269 billion, down from EUR2.405 billion in 9M11; the executive board forecasts sales of around EUR3 billion for full year 2012.
Originally posted here:
OVETEL freenet lifts full year guidance
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