freenet AG (FRTAY) Q4 2025 Earnings Call Transcript

SA Transcripts158.65K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call freenet AG (FRTAY) Q4 2025 Earnings Call February 26, 2026 4:00 AM EST Company Participants Robin John Harries - CEO & Chairman of the Executive BoardIngo Arnold - Deputy Chairman of Executive Board & CFO Conference Call Participants Polo Tang - UBS Investment Bank, Research DivisionUlrich Rathe - Bernstein Institutional Services LLC, Research DivisionFlorian Treisch - Kepler Cheuvreux, Research DivisionKarsten Oblinger - DZ Bank AG, Research DivisionJoshua Mills - BNP Paribas, Research DivisionSiyi He - Citigroup Inc., Research Division Presentation Operator Good morning, ladies and gentlemen, and welcome to the freenet AG Conference Call on the Preliminary Results for the Financial Year 2025. At this time, all participants are on a listen-only mode. The floor will be open for questions following the presentation. Let me now hand over to Robin Harries, CEO of freenet AG.

Robin John HarriesCEO & Chairman of the Executive Board Good morning, everyone, and welcome to our earnings call. I'm Robin Harries, the CEO of freenet. Overall, we are happy about the operational performance and the strong customer growth. We see many opportunities ahead of us, but we are not happy about agreement with the network provider that we have, which was closed in '24. This agreement might lead to a minus EUR 13 million impact in '25 and to up to EUR 50 million negative EBITDA impact for the year '26 to '28. We are at the moment in discussions with the management of the network operator and are negotiating, trying to negotiate a better deal. This is already -- so the risks that I mentioned are already reflected in our numbers. So we are in ongoing discussions and we'll provide an update as soon as we have something. Freenet becomes more lean, focused and effective. We did some nice strategic moves in the