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E4C ecotel communication AG News Story

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Brief: Ecotel Communication FY consolidated revenue up at EUR 116.6 mln

March 23 (Reuters) - Ecotel Communication AG  E4CG.DE : 
    * Revenue growth and increased gross margin in core segment 
    * Dividends: 0.23 euros/ share (previous year: 0.23 euros/ 
share) 
    * FY consolidated revenue grows by 10.3 million euros to 
116.6 million euros ($125.89 million) 
    * Consolidated gross profit increased in 2016 by 0.6 million 
euros to 28.4 million euros 
    * Overall EBITDA decreased in financial year 2016 from 7.9 
million euros to 7.0 million euros 
    * Expects consolidated turnover in 2017 of eur 95 million to 
eur 115 million, with EBITDA of 6.5 million euros to 7.5 million 
euros and a continued stable gross profit margin 
 
Source text for Eikon:  ID:nEQ5tX8qM  
Further company coverage:  E4CG.DE  
 
($1 = 0.9262 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 722 0920;))

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