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General

Ecotel reports higher sales of EUR 30 million in Q1

Tuesday 17 May 2016 | 10:38 CET | News
German telecoms services provider Ecotel posted group sales of EUR 29.9 million for Q1 2016, up by EUR 3.9 million from a year earlier. The reseller business saw sales increased by EUR 3.3 million, with B2B sales up by 8 percent or EUR 0.8 million year-on-year to EUR 11.4 million. The New Business division saw sales fall by EUR 0.2 million to EUR 4.3 million. Gross profit reached EUR 7.1 million in Q1 2016, from EUR 6.9 million a year earlier, driven by the B2B division with profit up 8 percent to EUR 5.5 million. Group EBITDA fell to EUR 1.9 million, from EU 2.7 million in Q1 2015, with

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Categories: General
Companies: Ecotel
Countries: Germany
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