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Press release
ecotel stabilises positive business development

  • EBITDA of € 5 million for first nine months
  • Net debts reduced to € 1.3 million
  • Earnings Per Share numbers € 0.36 for the first nine months

 

Düsseldorf, 12 November 2012

ecotel were able to post solid results for Q3, and therefore are in good stead to reach the targets set for the financial year 2012. In the first nine months of 2012, the company has had revenues totalling € 71.5 million, which represented 15% over and above the previous year (€ 62 million in 2011). This positive trend was also demonstrated in a momentary increase in revenues for the “Wholesale” market sector. In addition, the profitable core division, Business Customers, Q3 showed a slight increase corresponding to the previous quarter; this increase holds for a promising 2013.

Gross profit sustained its high level by amounting to € 18.5 million for the first nine months.

The cumulative EBITDA result for the first nine months amounted to €5 million, a slight drop on corresponding result for the previous year’s result of €5.3 million. EBIT of €2.6 million amounted to € 0.1 million more than the corresponding amount to the previous year.

In the first nine months, ecotel were able to generate consolidated earnings amounting to € 1.4 million, corresponding to earnings per share of € 0.36 (€ 0.28 in 2011).

Reduction in net debt continued, by the end of the Q3 it totalled € 1.3 million. The equity ratio rose to 52% in the reporting period.

In Q3, the company acquired 67,404 shares at an average price of € 4,94 as part of its share buyback programme. By 30 September 2012, ecotel held 195,800 of its own shares, which corresponds to a 5% of its share capital.

Based on this trend, ecotel expects the performance for the current 2012 business year to be very positive. This outlook is reinforced by the figures stating expected revenues between € 80 to € 90 million and an EBITDA of € 6 to € 7 million.
The quarterly report can be downloaded from the company’s website at www.ecotel.de

About ecotel communication ag:

ecotel communication ag is a publicly listed telecommunications company at the Frankfurt Stock Exchange (Prime Standard), which operates in three business sectors throughout Germany.

In the core segment, “Business Customers”, ecotel provides about 19,000 business customers with an integrated product portfolio consisting of voice, data and mobile communications solutions. This includes nationwide available and convergent bundle products, broadband data access on the basis of DSL and Ethernet technologies, scalablenetworking of corporate locations (VPNs) as well as housing and hosting services.

In the second segment, “Wholesale Customers”, 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. The corporate group, with its main office in Dusseldorf, currently has about 210 employees,
including subsidiaries and holdings.

Note:
This publication does not constitute an offer for the sale nor an invitation for the purchase or subscription of securities. Furthermore, 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.

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