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Ecotel improves EBITDA in Q3, narrows revenue outlook

Tuesday 13 November 2018 | 14:06 CET | News
German operator Ecotel reported a small increase in EBITDA for the third quarter, to EUR 2.0 million from EUR 1.8 million, and confirmed its outlook for a flat to higher result of EUR 7-8 million in the full year. The company updated its annual revenue outlook to around EUR 100 million, from a previous range of EUR 90-120 million, implying a decline from 2017, due mainly to its wholesale activities.

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Categories: Fixed
Companies: Ecotel
Countries: Germany
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