ECOTEL COMMUNICATION AG (FRA:E4C) ecotel communication ag: ecotel communication ag releases preliminary figures for 2013

Directive transparence : information réglementée

28/02/2014 09:41
DGAP-News: ecotel communication ag / Key word(s): Preliminary Results ecotel communication ag: ecotel communication ag releases preliminary figures for 2013 28.02.2014 / 09:41 --------------------------------------------------------------------- * EPS up by 11% to EUR 0.42 EUR (2012 adjusted: EUR 0.38) * EBITDA of EUR 6.7 million (guidance 2013: EUR 6-7 million / 2012 adjusted: EUR 6.8 million) * Revenue of EUR 91.4 million (guidance 2013: EUR 80-90 million / 2012: EUR 94.3 million) ecotel communication ag releases preliminary figures for 2013. These figures are either within the forecast interval or exceed the public guidance. Revenue in the financial year 2013 was EUR 91.4 million and exceeded the public forecast of EUR 80-90 million. The decrease in revenue of 3% is due to the 15% revenue decline of the Wholesale segment. The B2B segment saw a revenue increase for the first time since 2007 and showed a gross margin of more than 50%. EBITDA amounted to EUR 6.7 million and came in at the upper end of the forecast corridor of EUR 6-7 million. EBIT was EUR 3.3 million. Net income rose from EUR 1.4 million (2012 adjusted) to EUR 1.5 million. Earnings per share gained 11% from EUR 0.38 (2012 adjusted) to EUR 0.42 with a share capital of 3.6 million shares. The balance sheet total increased from EUR 42.7 million to EUR 46 million with a constant equity ratio of 45%. Operating cash flow showed a nice development to EUR 7.0 million. Free cash flow was EUR -0.7 million in line with increased investments of EUR 7.7 million as a result of a major contract with a reputed assurance company. Based on the current business figures ecotel' board anticipates a sustainable growth path also for 2014. The guidance for the financial year 2014 is going to be published together with the final figures 2013 on 31 March 2014. End of Corporate News --------------------------------------------------------------------- 28.02.2014 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: ecotel communication ag Prinzenallee 11 40549 Düsseldorf Germany Phone: +49 (0)211 55 00 70 Fax: +49 (0)211 55 00 7 222 E-mail: info@ecotel.de Internet: http://www.ecotel.de ISIN: DE0005854343 WKN: 585434 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, München, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 255010 28.02.2014