Turnover: 8.4 billion EUR (2022)

Country: France

Free is a French telecom company specializing in telephony and the Internet. Its two main activities are the provision of fixed telecoms services (51% of sales) via the Free and Alice brands, and mobile telecoms services (49% of sales). Free recently entered the Italian telecoms market, increasing its sales 4-fold between 2018 and 2019 in the country.

Free offers and distributes several video-on-demand services in its offering: Canal Play, Canal VOD, Frissons EXtremes, Filmo TV and even Netflix. Free also markets its own video-on-demand tool, Freebox Replay.

Free is a subsidiary of Iliad, a listed company whose main shareholder is Xavier Niel (71.2%).

april 28, 2021 - The different Freebox offers - source(UniversFreebox)

Among all Freebox subscribers in 2021, according to a Free survey:

  • 46% of subscribers watch Netflix
  • 46% use no SVOD service
  • 37% use Amazon Prime Video
  • 20% for Disney+
  • 15% (Canal+Series) / 5% (OCS)
  • Free offers several packages with more or less SVOD services

News

With five million fiber subscribers, Free responds to criticism from the regulator 18/07/2023

  • Free has reached 5 million Internet subscribers via fiber, exceeding their initial target of 4.5 million subscribers planned for 2024.
  • The number of Free's fiber subscribers has increased sevenfold in five years.
  • Nearly 70% of Free's fixed-network subscribers prefer fiber to ADSL.
  • Free Infrastructure serves just under 1% of the 33 million French households that have subscribed or could subscribe to fiber.
  • SFR has 4.5 million fiber subscribers, Bouygues Telecom 3 million, and Orange leads the way with 7.46 million.

Will Free and SFR, part of the Altice group, be joining forces? Orange is considering a merger too! 18/11/2021

  • Iliad (Free) and Altice (SFR) could move closer together, facilitated by their recent delisting.
  • The French market is highly competitive, with Iliad (Free) initiating a price war almost 10 years ago.

Financial Data

DUNS: 421938861

Legal Name: FREE

Address: 8 RUE DE LA VILLE L EVEQUE , 75008 PARIS 8

Number of employees: Entre 200 et 249 salariés (2021)

Capital: 3 441 812 EUR


Financial Data:

Year 2022 2021 2020 2019 2018 2017 2016 2015
Turnover 3 229 229 750 3 212 406 995 3 266 498 000 2 907 499 967 2 778 717 000 2 892 783 000 2 794 131 000 2 755 103 000
Gross margin (€) 3 363 974 120 3 379 463 889 3 423 731 000 2 941 412 464 2 876 518 000 2 987 219 000 2 930 332 000 2 878 714 000
EBITDA (€) 835 452 464 857 481 271 839 656 000 872 987 072 438 465 000 951 057 000 955 727 000 998 658 000
Operating profit (€) 245 910 458 321 680 512 392 876 000 177 551 200 440 926 000 951 897 000 524 983 000 562 502 000
Net profit (€) 44 131 889 222 998 218 322 777 000 58 873 629 289 235 000 302 431 000 358 795 000 343 385 000
Turnover growth rate (%) 0,5 -1,7 12,3 4,6 -3,9 3,5 1,4 -
Ebitda margin rate (%) 25,9 26,7 25,7 30 15,8 32,9 34,2 36,2
Operating margin rate (%) 7,6 10 12 6,1 15,9 32,9 18,8 20,4
Working Capital (turnover days) -56,3 -53,5 -58 -58,5 -67,1 -62 -58,2 -56,4
Working Capital requirements (turnover days) -17,5 -14,9 -0,8 -0,7 -15,1 -8,6 -14,1 -10,8
Net margin (%) 1,4 6,9 9,9 2 10,4 10,5 12,8 12,5
Added value / Turnover (%) 30,1 30,8 29,2 33,8 35,6 36,9 39,5 40,7
Wages and social charges (€) 21 593 799 16 002 525 15 999 000 14 971 939 13 278 000 11 221 000 10 156 000 8 554 000
Salaries / Turnover (%) 0,7 0,5 0,5 0,5 0,5 0,4 0,4 0,3

Company Managers:

Position First Name Last Name Age Linkedin
Président Nicolas, Hubert, Marie Thomas 41

Studies mentioning this company

The svod market - France

Other companies mentioned:

The fibre optic market - France

Other companies mentioned:

The mobile operators market - France

Other companies mentioned:

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