Freenet jumps to 2018 highs on raised 2024 guidance
** Shares in German telecoms provider Freenet FNTGn.DE jump 6% to 2018 highs after it raised its 2024 outlook
** It expects a moderate revenue growth for the year, after forecasting a stable performance previously, driven by its TV and media segment
** It also lifts the bottom of its 2024 EBITDA guidance range, seeing it at 500-515 million euros ($538.6 million-$554.7 million) vs 495-515 million previously
** "Numbers should bode well for the shares," a local trader says, adding investors' focus will be also on the conference call where Freenet is set to announce its targets for 2028
** The shares are on track for their best day since March 2022 if the gains hold
($1 = 0.9284 euros)
Reporting by Isabel Demetz
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