Finanznachrichten

EQS-News
ecotel communication ag: ecotel communication ag presents its financial results 2007

ecotel communication ag / Final Results Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- Düsseldorf, March 31, 2007 - Revenues grow by 66% to € 93.2 million - EBITDA increases by 104% to € 9.2 million - EBIT increases by 62 % to € 6.0 million ecotel communication ag presents its financial results for 2007 and maintains its profitable growth path for the tenth year since its foundation. The preliminary results have been slightly overachieved. Revenues grew by 66% from € 56,3 million to € 93.2 million Euro. EBITDA increased by 104% from € 4.5 million to € 9.2 million. EBIT improved by 62% from € 3.7 million to € 6.0 million. Compared to the preliminary figures there has been a deferral of revenues and cost, which led to an increase of depreciation and EBITDA of € 0.6 million. The EBIT has remained unchanged. Earnings after minority interests grew by 56% from € 2.1 million to € 3.3 million. This corresponds to earnings per share of 0.90 Euro compared to 0.64 Euro in 2006. Earnings per share for 2007 adjusted for deferred taxes were € 1.08. For 2008 the company expects further profitable growth. Revenues are expected to grow to € 100 – 110 million. Earnings from operations in 2008 will be affected by significant extraordinary results, which are currently difficult to assess. Among other things it includes the dispute with Tiscali S.P.A. regarding a reduction of the purchase price for the acquisition of nacamar GmbH. ecotel expects the 2008 EBITDA adjusted for extraordinary effects to be at more than € 7 million, slightly above the 'normalised' 2007 figures. After its aggressive growth in 2007 ecotel is now consolidating its subsidiaries in order to fully leverage the synergies of its acquisitions and to strengthen its competitive position. The future business of ecotel will be based on three business divisions: Business Customers, Wholesale Customers and New Business. The financial report 2007 can be downloaded from the company’s website at www.ecotel.de. About ecotel communication ag: ecotel is a telecommunications company, which operates in Germany and focuses on three business divisions. In its core division 'Business Customers' the company offers an integrated product portfolio of voice, data and mobile services. ecotel meanwhile provides more than 45.000 business customers within Germany with standardised and individual telecommunications solutions and consistently pushes its of fixed mobile convergence (FMC) strategy. In its second division 'Wholesale Customers' the company provides carrier and wholesale services to other telecoms operators and to non-industry distributors. ecotel deploys state of the art enabling and switching platforms in order to provide its product portfolio (unbundled local loops, broadband access lines, mobile services) to other resellers. At the same time the company achieves economics of scale and broadens its value chain for its own core business 'business customers'. The division 'New Business' comprises ecotel’s fast growing subsidiaries and new ventures. Apart from PPRO, easybell, ecotel private and toBEmobile the division also includes nacamar’s New Media business, which will be transferred into an independent business unit. ecotel was founded in 1998 and is headquartered in Düsseldorf. At present, the group has 220 employees. It is among the fastest growing technology companies and was ranked among the top 50 companies in the Deloitte 'Technology Fast 50' competition for the past three consecutive years. Please note: This publication does not constitute an offer for the sale of shares in the company or a solicitation of an offer for the purchase of shares in the company. Furthermore this publication shall not constitute a securities prospectus. This document must not be distributed outside of Germany, in particular not in the United States of America, Canada, Australia or Japan. Press contact: ecotel communication ag Wirtschafts- und Finanzmedien Annette Drescher (Assistentin des Vorstandes) Tel.: 0211-55 007-740 Fax: 0211-55 007 5 740 Email: presse@ecotel.de Fachmedien Alexandra Rath (Leitung Marketing/ PR) Tel.: 0211-55 007-310 Fax: 0211-55 007 5 310 Email: presse@ecotel.de Further information: www.ecotel.de. 31.03.2008 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: ecotel communication ag Prinzenallee 9-11 40549 Düsseldorf Deutschland 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, Stuttgart, München, Düsseldorf End of News DGAP News-Service ---------------------------------------------------------------------------
back