on Telegate AG (ETR:TGT)
11880 Solutions AG Reports Stable Financial Performance in 2025
In the first nine months of 2025, 11880 Solutions AG reported a stable revenue of €40.3 million, slightly down from €41.5 million in the same period last year. The company's EBITDA stood at €2.2 million compared to €3.6 million in 2024. Amid industry challenges, CEO Christian Maar highlighted significant investments in new products.
The digital business division generated a revenue of €32.9 million and an EBITDA of €1.6 million, a decrease from last year's figures. The Telephone Directory Assistance segment, however, showed improved profitability, with revenue at €7.3 million and an increased EBITDA of €0.6 million.
Product development advancements included enhancements to the werkenntdenBESTEN platform and new social media services for SMEs. The company aims to market these innovations and expand its customer base in the upcoming quarter.
R. H.
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