Drillisch raises EBITDA forecast for 2015

News Wireless Germany 16 DEC 2015
Drillisch raises EBITDA forecast for 2015

Drillisch announced it is implementing its profitable growth strategy in the new MBA MVNO business model as planned. Following the positive development of the business in October and November, the company is raising its EBITDA forecast for 2015 to EUR 105 million. The company still plans a dividend of at least EUR 1.70 per share for fiscal years 2015 and 2016.

The German operator has already achieved the original EBITDA forecast for 2015, of EUR 95-100 million, and surpassed this by 5 percent. Drillisch still expects a further increase in 2016, to annual EBITDA of EUR 115-120 million.

The build-up of the offline channel is proceeding according to the company’s expectations. The number of new customers acquired via the Yourfone shops is continually increasing from month to month. The number of shops currently amounts to 216, and Drillisch intends to stick to its goal of at least 300 locations. Online sales also continue to progress, the company said.

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