Brief: Ecotel Communication FY revenue beats forecast at 101.5 mln euros
31/03/2015 07:00
March 31 (Reuters) - Ecotel Communication AG E4CG.DE :
* Revenue in 2014: 101.5 million euros ($109.45 million)
(forecast: 85 to 95 million euros)
* FY 2014 EBITDA: 7.3 million euros, up 10.6 pct
* Have decided to recommend introduction of a dividend of
0.16 euros per qualified share for FY 2014
* For 2015 management board expects consolidated revenue of
90 million euros to 100 million euros, and EBITDA of 7.5 million
euros to 8.5 million euros
* Continues to pursue goal of sustainably increasing revenue
to 100 million euros, with EBITDA of 8 million euros - 10
million euros by 2016
Source text for Eikon: ID:nEQ7WwTzMa
Further company coverage: E4CG.DE
($1 = 0.9274 euros)
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))