DGAP-News: ecotel communication ag / Key word(s): Quarter Results 14.11.2014 / 08:01 --------------------------------------------------------------------- - Revenue grows by 16 % to EUR 76.6 million - EBITDA grows by 10 % to EUR 5.4 million Düsseldorf, 14 November 2014 ecotel was able to continue the course of growth in the first nine months of the year 2014 and to increase consolidated turnover to EUR 76.6 million. Compared to the same period of the previous year (EUR 66.2 million) this represents growth of 16 %, due essentially to turnover gains in »Wholesale Solutions« and »New Business«. Revenue in Business Solutions of EUR 31.3 million remained at the level of the comparison period (previous year: EUR 31.4 million). In this respect it should be pointed out, however, that since mid-2014 ecotel has discontinued marketing of the company's own mobile services. Compared to the first nine months of the year 2013, there was a decrease of EUR 0.5 million in sales revenue for this business segment. Without this effect, revenue in Business Solutions would have increased slightly by EUR 0.4 million. EBITDA at ecotel increased in the first nine months of the year 2014 by 10 % to EUR 5.4 million (previous year: EUR 4.9 million). In the third quarter 2014 consolidated turnover increased by 18 % to EUR 26.4 million (previous year: EUR 22.4 million) and EBITDA increased by 12 % to EUR 1.8 million (previous year: EUR 1.6 million). Depreciations of EUR 1.0 million in the third quarter 2014 (previous year: EUR 0.9 million) were again at the planned level. Impairments of tangible fixed assets (EUR 0.2 million) had become necessary in the second quarter 2014. Consolidated profit, at EUR 0.5 million (previous year: EUR 0.5 million) remained at the previous year's level. This corresponds to earnings per share of EUR 0.10 for the third quarter 2014. In the first nine months of 2014 the earnings per share reached the level of EUR 0.24. The balance sheet total at the end of the third quarter 2014 increased, essentially due to an increase in current assets, to EUR 45.5 million (previous year: EUR 43.8 million). Equity increased to EUR 20.8 million (previous year: EUR 20.4 million) in spite of the share buy-back program conducted this year and the subsequent reduction of share capital. Nevertheless, due to the increase in the balance sheet total, the equity ratio, at 45.6 %, was below the previous year's figure (46.6 %). The financial debt was reduced in the first nine months by EUR 0.7 million to EUR 6.8 million. The net debt was reduced to EUR 1.7 million (previous year: EUR 2.3 million). The Management of ecotel communication ag reaffirms the EBITDA forecast published in the 2013 Annual Report and expects EBITDA of EUR 6.5 - 7.5 million for the current business year 2014. The forecast revenue (EUR 85 - 95 million) - with predicted annual revenue of about EUR 100 million - is expected to be above the forecast corridor. The quarterly report is available for download at the company's website www.ecotel.de. About ecotel communication ag: Listed in the Prime Standard segment of the Frankfurt Stock Exchange, ecotel communication ag is a telecommunications company with activities in three business sectors throughout Germany. In the core segment of »Business Solutions« ecotel provides about 18,000 business customers with an IT/Telecom product portfolio consisting of voice, data and mobile communications solutions. This includes nationwide available and convergent bundled products, broadband data access on the basis of xDSL and Ethernet technologies, scalable networking of corporate locations (VPNs) as well as housing and hosting services. In the second segment, »Wholesale Solutions«, the ecotel group markets preliminary service products to other telecommunications companies. At the same time, the company achieves high traffic volumes in this segment, enhancing added value for the core segment of »Business Solutions«. In addition to the international wholesale voice activities of ecotel, mvneco GmbH is also included in this segment. The »New Business« segment covers new, fast-growing business segments and niches of independently operating subsidiaries. In addition to easybell GmbH, which is aligned to private customer business, nacamar GmbH, which now focuses exclusively on new media activities, is part of this independent business unit. Founded in 1998, the corporate group, with its main office in Düsseldorf, currently has about 230 employees, including subsidiaries and holdings. Note: This publication is not an offer for the sale nor an invitation for the purchase or subscription of securities. This publication is not a securities brochure. This publication and the information contained therein are not intended for direct or indirect dissemination to or within the United States of America, Canada, Australia or Japan. PR office: Business and Financial Media Annette Drescher (Assistant to the Managing Director) Phone: 0211-55 007-740 Fax: 0211-55 007 5 740 E-mail: presse@ecotel.de Business media Bernadette Loosen-Flanz (PR) Phone: 0211-55 007-316 Fax: 0211-55 007 5 316 E-mail: presse@ecotel.de For more information, please visit us on the web at www.ecotel.de --------------------------------------------------------------------- 14.11.2014 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: ecotel communication ag Prinzenallee 11 40549 Düsseldorf Germany Phone: +49 (0)211 55 00 70 Fax: +49 (0)211 55 00 7 222 E-mail: info@ecotel.de Internet: http://www.ecotel.de ISIN: DE0005854343 WKN: 585434 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 297104 14.11.2014