0
Broadband

Ekinops posts 21% revenue increase in Q4, targets long-term double-digit growth

Friday 10 January 2020 | 10:48 CET | News
Optical network equipment supplier Ekinops reported fourth-quarter revenues of EUR 25.6 million, up 21 percent year-on-year on a comparable basis (+9% in Q3). The growth rate was 19 percent on a comparable basis and at constant exchange rates. For the twelve months to December, revenues increased 11 percent on a comparable basis to EUR 93.5 million. The group announced a long-term objective to achieve double-digit organic revenue growth and EBITDA margins each financial year.

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: Ekinops
Countries: World
::: add a comment

Add comment

Please login or register to leave a 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

Ekinops posts 2% revenue growth in Q1, warns of Covid-19 impact on FY results

Published 09 Apr 2020 09:36 CET | World
Optical network equipment supplier Ekinops generated first-quarter revenues of EUR 21.1 million, up 2 percent year-on-year (+1% ...

Ekinops releases Compose suite of software products, launches SD-WAN Xpress

Published 18 Mar 2020 11:07 CET | World
Ekinops launched a new software brand, Compose, which brings the company's network access and optical transport software products ...

Ekinops reports 43% FY EBITDA growth, EUR 1.6 mln net profit

Published 27 Feb 2020 10:08 CET | World
Optical network equipment supplier Ekinops generated full-year EBITDA of EUR 15.0 million, up 43 percent on 2018, while the ...

Ekinops expands OneAccess product range with ONE3540 enterprise router

Published 11 Dec 2019 10:50 CET | World
Optical network equipment supplier Ekinops has added a new mid-range enterprise router to the OneAccess portfolio, saying that it ...

Ekinops to showcase SD-WAN proof of concept at MEF 2019 with Telus, Inmanta

Published 18 Nov 2019 14:22 CET | World
Ekinops was selected by MEF to participate in the sixth annual MEF 3.0 PoC Showcase at the MEF19 conference, which is taking ...

Ekinops' Q3 revenue up 9% with fastest growth in North America

Published 11 Oct 2019 10:27 CET | World
Optical network equipment supplier Ekinops posted third-quarter revenues of EUR 22.9 million, up 9 percent year-on-year at ...