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ecotel communication ag: ecotel releases Q3 results and confirms 2007 guidance of revenues of €90 million and EBIT of €6 million
ecotel communication ag / Quarter 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.
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In the third quarter of 2007 ecotel communications ag achieved revenues of
€25.2 million, EBITDA of €0.7m and an EBIT of € 0.03m.
Revenues have increased by 59 percent on a year-to-year base (Q3 06: €
15.8m). The balanced EBIT of €0.03m (Q3 06: 1,2 Mio. Euro) is due to
one-time provisions of appr. €1 million made for the correction of the
financial figures of nacamar GmbH.
In the first nine months ecotel generated revenues of €67.7 million, EBITDA
of €6.4million and an EBIT of €4.6m. Earnings per share for the first nine
months were € 0.74. Adjusted for deferred taxes earnings per share for the
first nine months were €0.93,
In comparison to the first quarter of 2006 revenues grew by more than 70%
(Q1 06: Euro 12.1 million).
The management board maintains its guidance after the profit warning of
September 21 with revenues of appr. €90 million and an EBIT of appr. €6
million.
The complete quarterly report can be downloaded from ecotel’s website
(www.ecotel.de).
About ecotel communication ag:
As a telecommunications company that operates throughout Germany, ecotel
communication ag specialises in the requirements of small and medium-sized
enterprises. In its core 'Business Customer Solutions' division, ecotel
offers innovative voice, data and value added services including direct
connections as a full, low-cost package from a single source. Since
acquiring Tiscali Nacamar GmbH in March 2007 (now operating under nacamar
GmbH), ecotel also has professional data services such as secure networking
of corporate locations (VPN) in its portfolio and operates its own German
backbone network including a data centre in Frankfurt. The Company now
provides more than 45.000 business customers from all sectors throughout
Germany with standardised and individual telecommunications solutions.
In its second division 'Resale' the company provides telecoms carrier
services to other telecoms operators and non-industry distributors as well
as wholesale services. In addition, ecotel operates a state-of-the-art
Wholesale platform for the inter company trade of telephony minutes with
over 90 national and international carriers and broadens its value chain
for the core business 'business customers'.
ecotel was founded in 1998 and is headquartered in Düsseldorf. At present,
the group has over 230 employees. It is among the fastest growing
technology companies and was ranked 8 / 38 / 39 in 2005 / 2006 / 2007 in
the Deloitte 'Technology Fast 50' competition.
The shares of ecotel communication ag (ISIN DE0005854343, stock exchange
abbreviation E4C) are listed in the Amtlicher Markt (Prime Standard) on the
Frankfurt Stock Exchange.
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)
Tel.: 0211-55 007-310
Fax: 0211-55 007 5 310
Email: presse@ecotel.de
Further information: www.ecotel.de.
15.11.2007 Financial News transmitted by DGAP
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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
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