0
Broadband

Ecotel sees FY gross profit growth but sales decline

Friday 13 March 2020 | 09:25 CET | News
German operator Ecotel said that its EBITDA increased by 17 percent to EUR 8.8 million in 2019, thanks to higher margins in the changing product mix and effects of accounting requirements. Total sales decreased to EUR 82.8 million last year compared with EUR 98.9 million in 2018, and gross profit rose by 5 percent to EUR 33.6 million. Its balance sheet improved by EUR 9.6 million, mainly due to the new accounting requirements, which reduced the equity ratio by almost 10 percentage points.  

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Ecotel
Countries: Germany
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Ecotel cooperates with Lancom Systems to build SD WAN

Published 26 Mar 2019 17:18 CET | Germany
German operator Ecotel said it has signed a cooperation agreement with Lancom Systems to build a SD WAN platform....

Ecotel agrees partnership with Swyx

Published 26 Sep 2017 08:50 CET | Germany
German operator Ecotel announced a new partnership with Swyx to offer the vendor's IP communications systems with the Ecotel SIP ...

Ecotel extends ISDN agreement with Vodafone

Published 06 Sep 2017 09:34 CET | Germany
German operator Ecotel announced an extension of its agreement to sell ISDN connections on the Vodafone network until 2021. The ...

Ecotel revenue rises, EBITDA drops in 2016

Published 23 Mar 2017 10:18 CET | Germany
Ecotel reported revenue of EUR 116.6 million for 2016, up from EUR 106.3 million in 2015. Substantial growth came from its ...





Calendar   /   Industry Events

07 Aug Starhub Q2 2020
07 Aug O2 Czech Republic Q2 2020
07 Aug TDS, US Cellular Q2 2020
07 Aug Dish Network Q2 2020
10 Aug Gogo Q2 2020
10 Aug Ceva Q2
10 Aug Sohu Q2 2020
10 Aug Avaya fiscal Q3
10 Aug Synchronoss Q2
10 Aug ON Semiconductor Q2 2020
10 Aug Pixelworks Q2 2020
11 Aug Radcom Q2 2020
11 Aug Rakuten Group Q2
11 Aug Lumentum fiscal Q4
11 Aug Viavi fiscal Q4
11 Aug NTT fiscal Q1
11 Aug Zoom Telephonics Q2 2020
12 Aug China Unicom Q2 2020
12 Aug Freenet Q2 2020
12 Aug Tencent Q2 2020
12 Aug Cisco fiscal Q4
12 Aug Tecnotree H1 2020
13 Aug Singtel fiscal Q1
13 Aug Deutsche Telekom Q2 2020
13 Aug Swisscom Q2 2020
13 Aug Telstra FY results
13 Aug RTL Group Q2 2020
13 Aug Teleste Q2 2020
13 Aug United Internet H1 2020
13 Aug China Mobile H1 2020
::: More Calendar Items