Brief: Ecotel communication Q3 EBITDA up at 1.8 mln euros

ecotel communication AG

09/11/2017 07:22

Nov 9 (Reuters) - ECOTEL COMMUNICATION AG  E4CG.DE : 
    * SAYS Q3 GROSS PROFIT IMPROVES BY EUR 0.2 MILLION TO EUR 7.3 MILLION 
    * SAYS Q3 CONSOLIDATED REVENUE INCREASES BY EUR 2.0 MILLION TO EUR 33.3 MILLION 
    * SAYS Q3 EBITDA GROWS TO EUR 1.8 MILLION 
    * SAYS Q3 B2B TRANSACTIONS GROW FROM EUR 0.8 MILLION TO EUR 12.0 MILLION 
    * SAYS FREE CASH FLOW IN Q3 TOTALLED EUR 0.4 MILLION (PREVIOUS YEAR: EUR 0.7 MILLION) 
    * SAYS 9 MONTHS OF 2017 GROUP ACHIEVED EBIT OF EUR 1.6 MILLION (2016: EUR 1.9 MILLION) 
    * SAYS CLARIFICATION OF FORECAST FOR 2017 FINANCIAL YEAR 
    * SAYS ALL-IP TRANSFORMATION GAINING MOMENTUM 
    * ECOTEL COMMUNICATION - NOW EXPECTS HIGHER CONSOLIDATED REVENUE OF EUR 120 TO 130 MILLION 
AND 
EBITDA OF ABOUT EUR 7.0 MILLION IN 2017 
 
Source text for Eikon:  ID:nEQ8Dld2Pa  
Further company coverage:  E4CG.DE  
 
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