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 crahn2@bloomberg.net

To contact the editor responsible for this story: Kenneth Wong at kwong11@bloomberg.net

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