Freenet Plans 1%-2% Sales Growth Toward 2014, 2015, Boersen Says

Freenet AG (FNTN) plans to increase revenue in the range of 1 percent to 2 percent a year “toward 2014 and 2015,” Boersen-Zeitung reported, citing Chief Financial Officer Joachim Preisig.

The company may consider lifting dividend payouts to more than its current policy of 40 percent to 60 percent of free cash flow after reducing debt, the newspaper cited Preisig as saying.

To contact the reporter on this story: Cornelius Rahn in Frankfurt at

To contact the editor responsible for this story: Kenneth Wong at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.