Ascom H1 revenues fall to CHF 203 mln on delayed orders

Friday 18 July 2014 | 14:54 CET | News
Ascom reported preliminary figures for the first half of this year, saying it expects revenues falling to CHF 203 million from 225 million the year before on the back of delayed orders from customers and fewer projects worth over CHF 1 million. The company expects group profit at around CHF 809 million and an EBITDA margin holding steady at 10 percent. At end June, the group had a net cash position of CHF 2.2 million. Ascom continued to invest in growth initiatives such as the development of Ascom Myco and the UNITE software product lines in Wireless Solutions, Capacity Management and

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Categories: Mobile & Wireless / Mobile & Wireless
Companies: Ascom / TIM / Unite
Countries: World
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