Germany's 11880 Solutions H1 EBITDA jumps on administrative cost cuts
Germany's 11880 Solutions H1 EBITDA jumps on administrative cost cuts
Overview
Germany digital directory firm's H1 revenue declined yr/yr, while EBITDA rose 82%
EBITDA growth driven by efficiency measures and reduced administrative costs
Company aims for sustainable profitability and enhanced products using AI
Outlook
Company is preparing a medium-term strategy to further develop its products
11880 Solutions plans targeted use of AI to improve efficiency and customer focus
Result Drivers
EFFICIENCY MEASURES - Co said consistent efficiency measures led to reduced administrative costs and higher EBITDA
SLOWER DECLINE IN CALL VOLUMES - Co said market-driven decline in directory enquiry call volumes slowed to 7%
CALL CENTER DEMAND - Co said demand has risen in Call Center Services segment as companies emphasize personalized customer service
Company press release: ID:nEQ4zHn73a
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| EUR 25.30 mln |
|
H1 Adj EBITDA |
| EUR 1.70 mln |
|
Reuters Recommended Reads
Aug 6 - Germany's United Internet H1 revenue rises 3.3%; confirms outlook
Aug 6 - Germany's GFT Technologies H1 revenue rises on AI demand, reiterates 2026 outlook
Aug 5 - TaskUs Q2 revenue beats estimates, raises 2026 revenue view
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)