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ecotel communication ag:ecotel communication ag presents half-yearly figures – EBIT up over 200% year-on-year
ecotel communication ag / Half Year 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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Düsseldorf, 15 August 2007
In the first six months of 2007, ecotel communication ag recorded revenues
of €42.5 million, EBIT of €4.5 million and earnings per share of €0.81.
Adjusted for deferred taxes, earnings per share would have amounted to
€0.98.
Revenues grew by 65% year-on-year, while EBIT surged by 214%. This means
that, at the end of the first half of 2007, EBIT has already exceeded the
level recorded for the whole of 2006. Compared with the prior-year period,
the EBIT margin improved from 5.4% to 10.6%.
The profitable growth at ecotel communication ag was driven primarily by
the acquisitions of DSLCOMP Communications GmbH and Tiscali nacamar GmbH,
which were implemented in May 2006 and February 2007 respectively.
The Board of Management is forecasting revenues of around €100 million and
EBIT of approximately €10 million for 2007 as a whole.
The complete quarterly report can be viewed on 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 8th and 38th in 2005 and 2006 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
Tel.: 0211-55 007-310
Fax: 0211-55 007 5 310
Email: presse@ecotel.de
Further information: www.ecotel.de.
DGAP 15.08.2007
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Language: English
Issuer: ecotel communication ag
Prinzenallee 9-11
40549 Düsseldorf
Deutschland
Phone: +49 (0)211 55 00 7300
Fax: +49 (0)211 55 00 75300
E-mail: info@ecotel.de
Internet: http://www.ecotel.de
ISIN: DE0005854343
WKN: 585434
Indices:
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in
Berlin, Stuttgart, München, Düsseldorf
End of News DGAP News-Service
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