freenet AG (XTER:FNTN)
€ 27.16 -0.42 (-1.52%) Market Cap: 3.25 Bil Enterprise Value: 3.34 Bil PE Ratio: 14.00 PB Ratio: 2.24 GF Score: 72/100

Q2 2020 freenet AG Earnings Call Transcript

Aug 12, 2020 / 08:00AM GMT
Release Date Price: €18.32 (+16.77%)
Operator

Dear ladies and gentlemen, welcome to the conference call of freenet AG regarding the presentation of the H1 results, 2020.

At our customer's request, this conference will be recorded.

(Operator Instructions)

May I now hand you over to Christoph Vilanek, who will lead you through this conference. Please go ahead.

Christoph Vilanek
freenet AG - Chairman of Executive Board & CEO

Thank you very much for the introduction. Hello, everybody on this Wednesday morning.

I'm sure that aside of our second quarter results, you have all read the latest news on the LGI public offer for Sunrise. We have been deciding last night, after the final offer was available, that we would sign an irrevocable to tender our shares. Ingo Arnold will, at the end of his presentation or his part, explain the necessities around the proceeds, the obligations that we have from the past, and I'm sure that you have a couple of questions to the topic.

In general, we very happy about the outcome or the potential outcome of this entire story. You

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