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ecotel communication ag: ecotel starts year 2011 with new earnings performance

ecotel communication ag / Key word(s): Quarter Results 13.05.2011 / 08:05 * EBITDA increased by 90% as compared with Q1 2010 * Net debt cut in half to 3.2 mill. EUR * Quarterly result per share 0.11 EUR Düsseldorf, 13 May 2011 The ecotel group starts the year 2011 with new earnings performance. While the revenue of 20.8 mill. EUR in the reporting period declined as compared with the previous year (23.1 mill. EUR), last year's gross profit of 5.2 mill. EUR in the same quarter has increased to 6.3 mill. EUR. The decrease in revenue was essentially due to the lowering of interconnection fees by the Federal Network Agency for connections to mobile communications networks in the low-margin wholesale sector. On the other hand, significant effects for increasing profitability in Business Solutions were achieved by improved purchasing conditions and enhanced added value by the marketing of full access products. The EBITDA was 1.7 mill. EUR, which is 90% higher than the previous year's value of 0.9 mill. EUR. The EBITDA margin rose to 8%. The EBIT in the first quarter totalled 0.9 mill. EUR, which is 0.8 mill. EUR more than in the first quarter of 2010. The consolidated profit totalled 0.4 mill. EUR. This corresponds to a profit per share of 0.11 EUR. The liquid funds increased since the beginning of the year from 6.1 mill. EUR to 6.5 mill. EUR. As of 31 March 2011 the net debt was only 3.2 mill. EUR (previous year: 6.6 mill. EUR) due to normal scheduled repayment. As a result, the equity ratio improved to 43.6% from 38.1% in the first quarter of 2010. ecotel is therefore consistently continuing on the planned course for increased profitability in 2011. The transformation process for the migration of preselection customers to sustainable full access products continues at full pace. As of 31 March the company had already received more than 12,000 full access orders. ecotel therefore confirms the forecast offered for 2011 to increase profitability from an EBITDA of 5.5 - 6.5 mill. EUR. 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 30,000 business customers with an integrated product portfolio consisting of voice, data and mobile communications solutions. This segment combines ecotel's B2B activities and those of ADTG GmbH, which merged with ecotel in 2010. In the second segment, Wholesale Solutions, the ecotel group markets preliminary products to other telecommunications companies and outside distributors. Modern enabling and switching platforms give them access to the entire ecotel product portfolio, for example unbundled local loop and broadband connections, or mobile communications solutions. At the same time, the company achieves high traffic volumes with this segment, enhancing added value for the core segment of Business Solutions. In addition to the wholesale activities of ecotel. i-cube GmbH and mvneco GmbH are also included in this segment. The New Business segment covers new, fast-growing business segments and niches of independently operating subsidiaries and holdings. In addition to easybell GmbH, nacamar GmbH, which now focuses exclusively on new media, is part of this independent business unit. The corporate group, with its main office in Düsseldorf, currently has about 210 employees, including subsidiaries and holdings. ecotel is one of the fastest-growing technological enterprises in Germany and has placed five times among Germany's 50 best companies in the Deloitte competition 'Technology Fast 50'. 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 End of Corporate News --------------------------------------------------------------------- 13.05.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's 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 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, Düsseldorf, München, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 124536 13.05.2011
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